A number of other equities research analysts have also recently weighed in on LCII. Truist Financial upped their price objective on LCI Industries from $102.00 to $108.00 and gave the stock a "hold" rating in a research note on Monday, February 10th. CJS Securities upgraded LCI Industries from a "market perform" rating to an "outperform" rating and set a $145.00 price target for the company in a research note on Wednesday. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat.com, LCI Industries has a consensus rating of "Hold" and a consensus price target of $121.50.
View Our Latest Research Report on LCI Industries
Shares of NYSE LCII opened at $110.42 on Friday. 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 stock has a market capitalization of $2.81 billion, a P/E ratio of 21.48 and a beta of 1.44. LCI Industries has a 1-year low of $96.18 and a 1-year high of $129.38. The business has a fifty day moving average price of $106.00 and a 200 day moving average price of $112.86.
LCI Industries (NYSE:LCII - Get Free Report) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.37 earnings per share for the quarter, topping analysts' consensus estimates of $0.31 by $0.06. LCI Industries had a return on equity of 9.48% and a net margin of 3.47%. Equities research analysts expect that LCI Industries will post 5.51 EPS for the current fiscal year.
In other news, CEO Jason Lippert sold 10,000 shares of the firm's stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $126.00, for a total value of $1,260,000.00. Following the completion of the transaction, the chief executive officer now directly owns 373,145 shares in the company, valued at $47,016,270. This trade represents a 2.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 3.50% of the stock is currently owned by company insiders.
Institutional investors have recently modified their holdings of the company. Charles Schwab Investment Management Inc. grew its holdings in LCI Industries by 7.6% during the third quarter. Charles Schwab Investment Management Inc. now owns 411,278 shares of the company's stock worth $49,575,000 after acquiring an additional 29,192 shares during the period. Nordea Investment Management AB acquired a new stake in LCI Industries during the fourth quarter worth about $2,394,000. International Assets Investment Management LLC grew its holdings in LCI Industries by 5,533.7% during the third quarter. International Assets Investment Management LLC now owns 10,366 shares of the company's stock worth $1,250,000 after acquiring an additional 10,182 shares during the period. MML Investors Services LLC acquired a new stake in LCI Industries during the third quarter worth about $260,000. Finally, Blue Trust Inc. grew its holdings in LCI Industries by 1,289.3% during the third quarter. Blue Trust Inc. now owns 389 shares of the company's stock worth $47,000 after acquiring an additional 361 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.
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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