Media coverage about LCI Industries (NYSE:LCII) has trended somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. LCI Industries earned a news impact score of 0.07 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.9768333778499 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
Shares of LCI Industries stock traded down $2.90 during trading on Friday, reaching $100.20. 171,447 shares of the company were exchanged, compared to its average volume of 148,190. The company has a quick ratio of 0.78, a current ratio of 2.29 and a debt-to-equity ratio of 0.08. LCI Industries has a twelve month low of $86.25 and a twelve month high of $132.73. The stock has a market cap of $2,576.90, a PE ratio of 17.90 and a beta of 1.03.
LCI Industries (NYSE:LCII) last announced its quarterly earnings data on Thursday, February 8th. The company reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.11 by $0.09. LCI Industries had a return on equity of 23.34% and a net margin of 6.19%. The business had revenue of $547.14 million during the quarter, compared to analysts’ expectations of $511.36 million. During the same period in the previous year, the firm earned $1.05 earnings per share. The firm’s quarterly revenue was up 35.8% compared to the same quarter last year. analysts expect that LCI Industries will post 8.1 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 29th. Investors of record on Friday, March 16th were paid a dividend of $0.55 per share. The ex-dividend date was Thursday, March 15th. This represents a $2.20 dividend on an annualized basis and a dividend yield of 2.20%. LCI Industries’s dividend payout ratio (DPR) is presently 38.19%.
Several equities research analysts have recently commented on the company. Robert W. Baird reissued a “buy” rating and issued a $135.00 target price on shares of LCI Industries in a research note on Friday, December 22nd. Zacks Investment Research raised LCI Industries from a “hold” rating to a “strong-buy” rating and set a $134.00 target price for the company in a research note on Wednesday, February 14th. Finally, Northcoast Research started coverage on LCI Industries in a research note on Friday, January 26th. They set a “sell” rating and a $94.00 price objective for the company. One investment analyst has rated the stock with a sell rating, three have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $117.50.
In other LCI Industries news, Director James Gero bought 10,000 shares of LCI Industries stock in a transaction on Monday, March 26th. The shares were purchased at an average cost of $102.09 per share, for a total transaction of $1,020,900.00. Following the completion of the acquisition, the director now owns 252,049 shares in the company, valued at approximately $25,731,682.41. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, insider Nick C. Fletcher sold 2,234 shares of LCI Industries stock in a transaction dated Friday, March 16th. The stock was sold at an average price of $110.00, for a total value of $245,740.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 8,845 shares of company stock valued at $982,012. 3.60% of the stock is owned by insiders.
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LCI Industries Company Profile
LCI Industries, along with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates in two segments, Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures or distributes various components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; travel trailers, fifth-wheel travel trailers, folding camping trailers, and truck campers; trucks; pontoon boats; trains; manufactured homes; and modular housing.
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