LCI Industries (NYSE:LCII) Upgraded at StockNews.com

LCI Industries (NYSE:LCII) was upgraded by research analysts at StockNews.com from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday.

Several other research analysts have also recently weighed in on the company. Truist Financial lifted their price target on LCI Industries from $102.00 to $108.00 and gave the company a “hold” rating in a research report on Monday, February 10th. CJS Securities upgraded LCI Industries from a “market perform” rating to an “outperform” rating and set a $145.00 price target for the company in a research report on Wednesday, February 12th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, LCI Industries presently has an average rating of “Moderate Buy” and a consensus target price of $121.50.

LCI Industries Stock Performance

Shares of NYSE:LCII traded down $1.50 during trading on Tuesday, hitting $88.19. The stock had a trading volume of 334,456 shares, compared to its average volume of 237,142. LCI Industries has a 12-month low of $86.56 and a 12-month high of $129.38. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of 15.75 and a beta of 1.45. The company has a quick ratio of 1.03, a current ratio of 2.82 and a debt-to-equity ratio of 0.55. The stock has a 50-day simple moving average of $102.60 and a two-hundred day simple moving average of $110.64.

LCI Industries (NYSE:LCII) last announced its quarterly earnings data on Tuesday, February 11th. The company reported $0.37 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.31 by $0.06. LCI Industries had a return on equity of 10.28% and a net margin of 3.82%. On average, equities research analysts expect that LCI Industries will post 6.76 earnings per share for the current fiscal year.

Institutional Trading of LCI Industries

Several institutional investors have recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in LCI Industries by 17.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 69,145 shares of the company’s stock valued at $7,149,000 after purchasing an additional 10,498 shares during the period. Sovereign s Capital Management LLC acquired a new stake in LCI Industries in the fourth quarter valued at approximately $3,152,000. Twinbeech Capital LP acquired a new stake in LCI Industries in the fourth quarter valued at approximately $5,065,000. Tidal Investments LLC grew its holdings in LCI Industries by 4.8% in the fourth quarter. Tidal Investments LLC now owns 9,853 shares of the company’s stock valued at $1,019,000 after purchasing an additional 451 shares during the period. Finally, Stadium Capital Management LLC grew its holdings in LCI Industries by 250.2% in the fourth quarter. Stadium Capital Management LLC now owns 70,069 shares of the company’s stock valued at $7,244,000 after purchasing an additional 50,058 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

LCI Industries Company Profile

LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.