LCI Industries (NYSE:LCII) Stock Price Up 6.6% – Should You Buy?

LCI Industries (NYSE:LCII) was up 6.6% during trading on Thursday. The company traded as high as $80.36 and last traded at $83.32. Approximately 8,824 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 378,672 shares. The stock had previously closed at $78.16.

Analysts Set New Price Targets

LCII has been the topic of a number of recent research reports. Jefferies Financial Group reiterated a “hold” rating and set a $120.00 price target on shares of LCI Industries in a research note on Thursday, August 6th. Weiss Ratings cut shares of LCI Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Roth Capital reaffirmed a “buy” rating and set a $135.00 price objective (down from $155.00) on shares of LCI Industries in a report on Monday, August 10th. Benchmark decreased their target price on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, June 23rd. Finally, BMO Capital Markets set a $118.00 price target on shares of LCI Industries in a research report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $126.25.

LCI Industries Stock Performance

The stock has a 50 day moving average price of $94.02 and a two-hundred day moving average price of $103.55. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.49 and a quick ratio of 1.20. The company has a market capitalization of $2.01 billion, a price-to-earnings ratio of 9.64 and a beta of 1.21.

LCI Industries (NYSE:LCII) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter last year, the company posted $2.39 EPS. The company’s quarterly revenue was down 12.6% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. On average, analysts predict that LCI Industries will post 8.45 EPS for the current fiscal year.

LCI Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 5.6%. The ex-dividend date of this dividend was Friday, August 21st. LCI Industries’s dividend payout ratio is 53.49%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Fort Washington Investment Advisors Inc. OH boosted its position in LCI Industries by 28.7% in the 3rd quarter. Fort Washington Investment Advisors Inc. OH now owns 298,222 shares of the company’s stock valued at $24,952,000 after buying an additional 66,440 shares during the last quarter. Congress Asset Management Co. raised its position in shares of LCI Industries by 21.0% during the third quarter. Congress Asset Management Co. now owns 79,087 shares of the company’s stock worth $6,617,000 after acquiring an additional 13,749 shares during the last quarter. Central Pacific Bank Trust Division raised its position in shares of LCI Industries by 30.4% during the third quarter. Central Pacific Bank Trust Division now owns 1,974 shares of the company’s stock worth $165,000 after acquiring an additional 460 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of LCI Industries by 354.5% during the third quarter. Versant Capital Management Inc now owns 459 shares of the company’s stock valued at $38,000 after acquiring an additional 358 shares during the period. Finally, Tidal Investments LLC lifted its stake in shares of LCI Industries by 21.3% during the second quarter. Tidal Investments LLC now owns 9,403 shares of the company’s stock valued at $996,000 after acquiring an additional 1,651 shares during the period. Institutional investors and hedge funds own 99.71% of the company’s stock.

About LCI Industries

LCI Industries, operating primarily through its Lippert subsidiary, is a manufacturer and supplier of components and systems for recreational vehicles, marine vessels and other specialty vehicles. Its products are used by original equipment manufacturers and sold through aftermarket and distribution channels.

The company’s product portfolio includes chassis, axles, suspension systems, slide-out mechanisms, leveling systems, windows, doors, awnings, steps, towing equipment, furniture, mattresses, appliances, electronics and plumbing products.