Media headlines about LSI Industries (NASDAQ:LYTS) have been trending somewhat positive on Wednesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. LSI Industries earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 46.2158264965667 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
LYTS has been the topic of a number of recent analyst reports. Zacks Investment Research cut LSI Industries from a “buy” rating to a “sell” rating in a report on Thursday, December 28th. Canaccord Genuity upped their price objective on LSI Industries from $9.00 to $10.00 and gave the company a “buy” rating in a report on Wednesday, January 24th. Roth Capital set a $7.00 price objective on LSI Industries and gave the company a “hold” rating in a report on Thursday, December 14th. Finally, Singular Research initiated coverage on LSI Industries in a report on Friday, February 2nd. They issued a “buy” rating and a $9.80 price objective on the stock. One research analyst has rated the stock with a hold rating and three have given a buy rating to the company. The stock has an average rating of “Buy” and an average price target of $9.26.
LSI Industries (NASDAQ LYTS) traded down $0.15 on Wednesday, reaching $7.95. The company had a trading volume of 14,029 shares, compared to its average volume of 102,854. LSI Industries has a 12-month low of $4.99 and a 12-month high of $10.24. The firm has a market capitalization of $207.15, a PE ratio of -12.00, a PEG ratio of 1.30 and a beta of 1.72. The company has a quick ratio of 1.57, a current ratio of 2.71 and a debt-to-equity ratio of 0.37.
The company also recently declared a quarterly dividend, which was paid on Tuesday, February 13th. Shareholders of record on Monday, February 5th were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.52%. The ex-dividend date was Friday, February 2nd. LSI Industries’s dividend payout ratio (DPR) is -30.30%.
In other news, VP Howard E. Japlon purchased 5,000 shares of the firm’s stock in a transaction on Thursday, December 14th. The shares were bought at an average cost of $6.88 per share, for a total transaction of $34,400.00. Following the completion of the purchase, the vice president now directly owns 23,500 shares of the company’s stock, valued at $161,680. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 6.37% of the stock is owned by corporate insiders.
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About LSI Industries
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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