Shares of LSI Industries Inc. (NASDAQ:LYTS) have been assigned an average broker rating score of 2.00 (Buy) from the two analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. LSI Industries’ rating score has improved by 33.3% from three months ago as a result of a number of analysts’ ratings changes.
Analysts have set a 1-year consensus target price of $9.27 for the company and are expecting that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also assigned LSI Industries an industry rank of 214 out of 265 based on the ratings given to its competitors.
LYTS has been the topic of several recent research reports. Singular Research initiated coverage on LSI Industries in a research report on Friday, February 2nd. They set a “buy” rating and a $9.80 price target on the stock. Zacks Investment Research raised LSI Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, January 3rd. Canaccord Genuity boosted their price target on LSI Industries from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Finally, Roth Capital reissued a “hold” rating and set a $8.00 price target on shares of LSI Industries in a research report on Friday, January 26th.
Hedge funds have recently bought and sold shares of the business. Citadel Advisors LLC purchased a new stake in LSI Industries during the 3rd quarter worth approximately $112,000. Tower Research Capital LLC TRC increased its holdings in LSI Industries by 872.1% during the 4th quarter. Tower Research Capital LLC TRC now owns 19,014 shares of the construction company’s stock worth $131,000 after purchasing an additional 17,058 shares during the last quarter. SG Americas Securities LLC purchased a new stake in LSI Industries during the 4th quarter worth approximately $139,000. Macquarie Group Ltd. purchased a new stake in LSI Industries during the 4th quarter worth approximately $157,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in LSI Industries during the 3rd quarter worth approximately $151,000. Institutional investors own 73.60% of the company’s stock.
LSI Industries stock traded down $0.20 during midday trading on Friday, hitting $7.65. 58,561 shares of the company were exchanged, compared to its average volume of 65,263. The firm has a market capitalization of $200.76, a PE ratio of 40.26, a price-to-earnings-growth ratio of 1.26 and a beta of 1.67. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.57 and a current ratio of 2.71. LSI Industries has a fifty-two week low of $4.99 and a fifty-two week high of $10.00.
LSI Industries (NASDAQ:LYTS) last released its quarterly earnings results on Thursday, January 25th. The construction company reported $0.12 EPS for the quarter, topping the consensus estimate of $0.07 by $0.05. The firm had revenue of $92.30 million for the quarter, compared to analyst estimates of $88.85 million. LSI Industries had a positive return on equity of 3.88% and a negative net margin of 4.96%. The firm’s revenue for the quarter was up 7.7% compared to the same quarter last year. analysts forecast that LSI Industries will post 0.25 earnings per share for the current fiscal year.
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About LSI Industries
LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.
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