LCI Industries (NYSE:LCII – Get Free Report) will be announcing its earnings results before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.
LCI Industries (NYSE:LCII – Get Free Report) last issued its quarterly earnings data on Tuesday, February 13th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.24). LCI Industries had a return on equity of 4.70% and a net margin of 1.70%. The business had revenue of $837.54 million during the quarter, compared to analysts’ expectations of $835.99 million. During the same quarter last year, the business posted ($0.68) EPS. The company’s quarterly revenue was down 6.4% on a year-over-year basis. On average, analysts expect LCI Industries to post $6 EPS for the current fiscal year and $7 EPS for the next fiscal year.
LCI Industries Trading Up 0.5 %
Shares of LCII stock opened at $107.42 on Tuesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.88 and a current ratio of 2.83. LCI Industries has a 52-week low of $102.39 and a 52-week high of $137.07. The company has a market capitalization of $2.73 billion, a PE ratio of 42.46 and a beta of 1.41. The business’s fifty day moving average is $113.67 and its 200 day moving average is $115.55.
LCI Industries Dividend Announcement
Analysts Set New Price Targets
A number of equities research analysts recently issued reports on LCII shares. Roth Mkm lowered their price target on LCI Industries from $113.00 to $100.00 and set a “neutral” rating on the stock in a research report on Tuesday, February 6th. Robert W. Baird lowered their price target on LCI Industries from $130.00 to $120.00 and set an “outperform” rating on the stock in a research report on Wednesday, February 14th. BMO Capital Markets cut LCI Industries from a “market perform” rating to an “underperform” rating and reduced their price objective for the company from $105.00 to $100.00 in a research note on Monday, January 22nd. Finally, Truist Financial reaffirmed a “hold” rating and set a $110.00 price objective (down from $140.00) on shares of LCI Industries in a research note on Friday, January 19th. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, LCI Industries currently has an average rating of “Hold” and a consensus target price of $104.20.
Get Our Latest Stock Analysis on LCI Industries
LCI Industries Company Profile
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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