LCI Industries (NYSE:LCII - Get Free Report) had its price target upped by equities researchers at Truist Financial from $102.00 to $108.00 in a report released on Monday,Benzinga reports. The firm presently has a "hold" rating on the stock. Truist Financial's price objective points to a potential downside of 2.03% from the stock's previous close.
Separately, StockNews.com raised LCI Industries from a "hold" rating to a "buy" rating in a research report on Friday, February 7th. Three analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, LCI Industries presently has an average rating of "Moderate Buy" and an average target price of $121.20.
View Our Latest Stock Analysis on LCII
LCI Industries Stock Up 1.0 %
Shares of LCI Industries stock traded up $1.14 during trading hours on Monday, hitting $110.24. The company had a trading volume of 229,172 shares, compared to its average volume of 260,862. The company's 50-day moving average is $106.31 and its two-hundred day moving average is $112.93. LCI Industries has a twelve month low of $96.18 and a twelve month high of $129.38. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.88 and a quick ratio of 1.25. The company has a market cap of $2.81 billion, a P/E ratio of 21.48 and a beta of 1.44.
LCI Industries (NYSE:LCII - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The company reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.31 by $0.06. LCI Industries had a net margin of 3.47% and a return on equity of 9.48%. Analysts anticipate that LCI Industries will post 5.51 earnings per share for the current fiscal year.
Insider Activity at LCI Industries
In other LCI Industries news, CEO Jason Lippert sold 10,000 shares of the business's stock in a transaction on Monday, November 25th. The shares were sold at an average price of $126.00, for a total value of $1,260,000.00. Following the transaction, the chief executive officer now directly owns 373,145 shares of the company's stock, valued at approximately $47,016,270. The trade was a 2.61 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 3.50% of the stock is currently owned by insiders.
Institutional Investors Weigh In On LCI Industries
Hedge funds have recently added to or reduced their stakes in the company. SkyView Investment Advisors LLC increased its position in LCI Industries by 2.9% during the 3rd quarter. SkyView Investment Advisors LLC now owns 5,069 shares of the company's stock worth $611,000 after purchasing an additional 143 shares during the period. nVerses Capital LLC boosted its stake in shares of LCI Industries by 14.3% in the third quarter. nVerses Capital LLC now owns 1,600 shares of the company's stock valued at $193,000 after buying an additional 200 shares in the last quarter. Keybank National Association OH grew its holdings in LCI Industries by 7.1% during the fourth quarter. Keybank National Association OH now owns 3,049 shares of the company's stock worth $315,000 after acquiring an additional 202 shares during the period. Inspire Advisors LLC raised its position in LCI Industries by 3.6% in the fourth quarter. Inspire Advisors LLC now owns 5,907 shares of the company's stock worth $611,000 after acquiring an additional 206 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in LCI Industries by 2.4% in the third quarter. Tidal Investments LLC now owns 9,402 shares of the company's stock valued at $1,133,000 after acquiring an additional 223 shares during the period. Institutional investors and hedge funds own 99.71% of the company's stock.
LCI Industries Company Profile
(
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LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.
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