LCI Industries (NYSE:LCII) Stock Price Down 7.1% – Should You Sell?

LCI Industries (NYSE:LCII)’s share price was down 7.1% during mid-day trading on Thursday . The stock traded as low as $98.89 and last traded at $99.16. Approximately 84,534 shares changed hands during trading, a decline of 76% from the average daily volume of 349,055 shares. The stock had previously closed at $106.78.

Analysts Set New Price Targets

Several equities research analysts have issued reports on LCII shares. Truist Financial decreased their price target on shares of LCI Industries from $147.00 to $135.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Roth Mkm raised shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price target on the stock in a research note on Wednesday, May 6th. Wall Street Zen cut shares of LCI Industries from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. Benchmark decreased their target price on shares of LCI Industries from $175.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Finally, Zacks Research cut shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $149.29.

LCI Industries Price Performance

The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of 11.99 and a beta of 1.17. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68. The company has a 50 day simple moving average of $117.36 and a 200 day simple moving average of $125.89.

LCI Industries (NYSE:LCII) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 EPS for the quarter, topping the consensus estimate of $2.22 by $0.37. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The firm’s revenue was up 4.3% on a year-over-year basis. During the same period in the prior year, the firm posted $2.19 earnings per share. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, research analysts predict that LCI Industries will post 8.95 EPS for the current year.

LCI Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Shareholders of record on Friday, May 29th will be given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Friday, May 29th. LCI Industries’s payout ratio is 56.51%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LCII. AQR Capital Management LLC purchased a new stake in shares of LCI Industries during the first quarter valued at approximately $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of LCI Industries by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,759 shares of the company’s stock valued at $1,290,000 after purchasing an additional 643 shares during the period. Empowered Funds LLC purchased a new stake in shares of LCI Industries during the first quarter valued at approximately $1,124,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of LCI Industries by 10.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,660 shares of the company’s stock valued at $6,702,000 after purchasing an additional 7,515 shares during the period. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of LCI Industries during the second quarter valued at approximately $1,542,000. 99.71% of the stock is owned by institutional investors and hedge funds.

About LCI Industries

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.