LCI Industries (NYSE:LCII) Shares Gap Down – Here’s Why

LCI Industries (NYSE:LCII)’s share price gapped down prior to trading on Friday . The stock had previously closed at $153.75, but opened at $145.20. LCI Industries shares last traded at $147.7750, with a volume of 13,489 shares.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LCII. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LCI Industries in a research report on Thursday, January 22nd. Loop Capital reiterated a “hold” rating and set a $149.00 price objective on shares of LCI Industries in a report on Thursday, January 22nd. Robert W. Baird set a $150.00 target price on LCI Industries in a research report on Thursday. Zacks Research lowered LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, January 2nd. Finally, Truist Financial set a $147.00 price target on LCI Industries in a research note on Tuesday, January 20th. One equities research analyst has rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $156.67.

LCI Industries Stock Up 0.9%

The stock has a market cap of $3.56 billion, a P/E ratio of 19.51 and a beta of 1.32. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.28 and a current ratio of 2.85. The firm’s 50-day moving average is $137.63 and its two-hundred day moving average is $114.23.

LCI Industries (NYSE:LCII) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.20. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. The business had revenue of $932.70 million for the quarter, compared to analyst estimates of $913.04 million. During the same quarter last year, the firm earned $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. On average, equities research analysts anticipate that LCI Industries will post 6.76 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP boosted its holdings in shares of LCI Industries by 0.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,391,159 shares of the company’s stock worth $168,806,000 after acquiring an additional 11,726 shares during the period. American Century Companies Inc. raised its holdings in LCI Industries by 7.4% in the 3rd quarter. American Century Companies Inc. now owns 870,454 shares of the company’s stock valued at $81,083,000 after acquiring an additional 59,734 shares in the last quarter. M&T Bank Corp lifted its position in LCI Industries by 8,419.2% during the fourth quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock worth $89,686,000 after purchasing an additional 730,453 shares during the period. Royce & Associates LP boosted its holdings in shares of LCI Industries by 8.6% in the 3rd quarter. Royce & Associates LP now owns 672,004 shares of the company’s stock valued at $62,597,000 after purchasing an additional 53,405 shares in the last quarter. Finally, Geode Capital Management LLC increased its stake in shares of LCI Industries by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 589,603 shares of the company’s stock valued at $53,772,000 after purchasing an additional 8,942 shares during the last quarter. 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.