News coverage about LSI Industries (NASDAQ:LYTS) has trended somewhat positive this week, Accern Sentiment reports. Accern ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. LSI Industries earned a news sentiment score of 0.12 on Accern’s scale. Accern also assigned news stories about the construction company an impact score of 45.9442429357682 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Several equities research analysts have issued reports on LYTS shares. Canaccord Genuity increased their price target on LSI Industries from $9.00 to $10.00 and gave the stock a “buy” rating in a report on Wednesday, January 24th. Singular Research started coverage on LSI Industries in a report on Friday, February 2nd. They issued a “buy” rating and a $9.80 price target for the company. Zacks Investment Research upgraded LSI Industries from a “sell” rating to a “buy” rating and set a $9.25 price target for the company in a report on Wednesday, January 31st. Finally, Roth Capital set a $7.00 price objective on LSI Industries and gave the stock a “hold” rating in a report on Thursday, December 14th. One analyst has rated the stock with a hold rating and three have given a buy rating to the stock. LSI Industries presently has a consensus rating of “Buy” and a consensus target price of $9.26.
LSI Industries (NASDAQ:LYTS) traded down $0.15 during trading hours on Wednesday, hitting $7.95. The company had a trading volume of 16,397 shares, compared to its average volume of 103,045. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.57 and a current ratio of 2.71. The company has a market capitalization of $207.15, a P/E ratio of -12.03, a PEG ratio of 1.30 and a beta of 1.72. LSI Industries has a fifty-two week low of $4.99 and a fifty-two week high of $10.24.
The business also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Investors of record on Monday, February 5th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, February 2nd. This represents a $0.20 annualized dividend and a yield of 2.52%. LSI Industries’s dividend payout ratio (DPR) is presently -30.30%.
In related news, VP Howard E. Japlon purchased 5,000 shares of LSI Industries stock in a transaction that occurred on Thursday, December 14th. The stock was purchased at an average cost of $6.88 per share, with a total value of $34,400.00. Following the completion of the transaction, the vice president now owns 23,500 shares of the company’s stock, valued at approximately $161,680. The purchase was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 6.37% of the company’s stock.
LSI Industries Company Profile
LSI Industries Inc is a provider of corporate visual image solutions to the petroleum/convenience store industry. The Company designs and develops aspects of the solid-state light emitting diode (LED) lighting, from the electronic circuit board, to the software to drive and control the LEDs, to the structure of the LED product.
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