LCI Industries (NYSE:LCII – Get Free Report) had its target price lowered by analysts at Benchmark from $150.00 to $125.00 in a research note issued on Tuesday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. Benchmark’s target price would indicate a potential upside of 35.61% from the company’s previous close.
LCII has been the subject of several other reports. Weiss Ratings cut shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Truist Financial reduced their target price on shares of LCI Industries from $147.00 to $135.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Roth Mkm raised shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price target for the company in a research note on Wednesday, May 6th. Robert W. Baird set a $140.00 price objective on LCI Industries in a research note on Wednesday, May 6th. Finally, Stifel Nicolaus began coverage on LCI Industries in a report on Tuesday, March 24th. They set a “buy” rating and a $152.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $145.71.
View Our Latest Analysis on LCII
LCI Industries Trading Up 0.9%
LCI Industries (NYSE:LCII – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. The business had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.19 earnings per share. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, equities research analysts predict that LCI Industries will post 8.95 earnings per share for the current year.
Institutional Investors Weigh In On LCI Industries
A number of hedge funds have recently made changes to their positions in the stock. Huntington National Bank grew its holdings in LCI Industries by 79.8% in the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the last quarter. Salomon & Ludwin LLC lifted its holdings in shares of LCI Industries by 1,818.2% during the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of LCI Industries in the 4th quarter worth $30,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of LCI Industries by 358.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock worth $58,000 after purchasing an additional 488 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in LCI Industries by 36.8% during the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after buying an additional 139 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.
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.
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