LCI Industries (NYSE:LCII) Given New $114.00 Price Target at Truist Financial

LCI Industries (NYSE:LCII) had its price target dropped by Truist Financial from $135.00 to $114.00 in a research note issued on Wednesday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Truist Financial’s price target points to a potential upside of 12.03% from the stock’s current price.

A number of other equities analysts have also weighed in on LCII. Stifel Nicolaus assumed coverage on LCI Industries in a research report on Tuesday, March 24th. They issued a “buy” rating and a $152.00 target price for the company. Roth Capital 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 report on Wednesday, May 6th. Robert W. Baird set a $140.00 price target on shares of LCI Industries in a research note on Wednesday, May 6th. Benchmark decreased their price objective on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Finally, Zacks Research cut shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, LCI Industries has a consensus rating of “Hold” and a consensus target price of $142.71.

LCI Industries Stock Down 3.8%

NYSE LCII traded down $4.07 during mid-day trading on Wednesday, reaching $101.75. The stock had a trading volume of 40,072 shares, compared to its average volume of 406,373. The stock has a market cap of $2.47 billion, a PE ratio of 12.51 and a beta of 1.18. LCI Industries has a 1 year low of $84.33 and a 1 year high of $159.66. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20. The company has a fifty day moving average price of $104.64 and a 200 day moving average price of $122.74.

LCI Industries (NYSE:LCII) last issued its earnings results on Tuesday, May 5th. The company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.22 by $0.37. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. During the same period last year, the business posted $2.19 EPS. The company’s revenue was up 4.3% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, research analysts expect that LCI Industries will post 8.83 earnings per share for the current year.

Hedge Funds Weigh In On LCI Industries

Institutional investors have recently bought and sold shares of the stock. Huntington National Bank lifted its position in LCI Industries by 79.8% during the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after purchasing an additional 91 shares in the last quarter. Salomon & Ludwin LLC increased its position in LCI Industries by 1,818.2% in the fourth quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after buying an additional 200 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of LCI Industries in the fourth quarter worth about $30,000. Clearstead Advisors LLC raised its stake in shares of LCI Industries by 36.8% in the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after buying an additional 139 shares during the period. Finally, Kestra Advisory Services LLC bought a new position in shares of LCI Industries during the 4th quarter valued at approximately $64,000. 99.71% of the stock is owned by institutional investors.

LCI Industries Company Profile

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.