Wall Street Zen Downgrades LCI Industries (NYSE:LCII) to Buy

LCI Industries (NYSE:LCII) was downgraded by stock analysts at Wall Street Zen from a “strong-buy” rating to a “buy” rating in a report issued on Saturday.

LCII has been the topic of a number of other reports. Robert W. Baird set a $150.00 target price on shares of LCI Industries in a report on Thursday, February 19th. Loop Capital reaffirmed a “hold” rating and set a $149.00 price objective on shares of LCI Industries in a research report on Thursday, January 22nd. Benchmark increased their price objective on LCI Industries from $130.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of LCI Industries in a research note on Thursday, January 22nd. Finally, Truist Financial set a $147.00 price objective on LCI Industries in a research report on Tuesday, January 20th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, LCI Industries currently has a consensus rating of “Hold” and an average target price of $156.67.

LCI Industries Trading Down 1.3%

LCII opened at $130.03 on Friday. LCI Industries has a 52 week low of $72.31 and a 52 week high of $159.66. The company has a quick ratio of 1.14, a current ratio of 2.85 and a debt-to-equity ratio of 0.69. The business has a fifty day simple moving average of $140.66 and a 200-day simple moving average of $117.27. The firm has a market cap of $3.15 billion, a P/E ratio of 17.22 and a beta of 1.33.

LCI Industries (NYSE:LCII) last posted its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.20. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.The firm had revenue of $2.18 billion for the quarter, compared to the consensus estimate of $913.04 million. During the same quarter in the previous year, the business earned $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. On average, equities analysts expect that LCI Industries will post 6.76 earnings per share for the current year.

Insider Buying and Selling at LCI Industries

In other LCI Industries news, insider Ryan Richard Smith sold 20,000 shares of the stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $147.81, for a total transaction of $2,956,200.00. Following the completion of the sale, the insider directly owned 10,092 shares of the company’s stock, valued at approximately $1,491,698.52. This trade represents a 66.46% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Jamie Schnur sold 10,000 shares of LCI Industries stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $144.66, for a total value of $1,446,600.00. Following the completion of the transaction, the insider owned 19,420 shares in the company, valued at $2,809,297.20. This trade represents a 33.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 90,000 shares of company stock valued at $13,137,900 in the last ninety days. Insiders own 3.50% of the company’s stock.

Institutional Investors Weigh In On LCI Industries

Hedge funds have recently modified their holdings of the stock. M&T Bank Corp grew its position in LCI Industries by 8,419.2% in the 4th quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock valued at $89,686,000 after buying an additional 730,453 shares during the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new position in LCI Industries during the 4th quarter worth $27,142,000. Bridgeway Capital Management LLC acquired a new stake in shares of LCI Industries in the 2nd quarter worth $15,633,000. Frontier Capital Management Co. LLC lifted its stake in shares of LCI Industries by 47.0% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 504,761 shares of the company’s stock worth $46,029,000 after acquiring an additional 161,472 shares during the period. Finally, FIL Ltd purchased a new stake in shares of LCI Industries in the fourth quarter valued at about $16,660,000. 99.71% of the stock is owned by institutional investors and hedge funds.

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.