LSI Industries Inc. (LYTS) VP Howard E. Japlon Acquires 5,000 Shares of Stock
LSI Industries Inc. (NASDAQ:LYTS) VP Howard E. Japlon bought 5,000 shares of LSI Industries stock in a transaction on Thursday, December 14th. The stock was acquired at an average price of $6.88 per share, with a total value 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Shares of LSI Industries Inc. (LYTS) traded up $0.30 during trading on Friday, hitting $7.21. 171,272 shares of the stock were exchanged, compared to its average volume of 74,553. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.64 and a quick ratio of 1.45. LSI Industries Inc. has a twelve month low of $4.99 and a twelve month high of $10.68. The firm has a market capitalization of $178.22, a PE ratio of 34.55, a price-to-earnings-growth ratio of 1.38 and a beta of 1.68.
LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings data on Thursday, October 26th. The construction company reported $0.07 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.03. LSI Industries had a negative net margin of 4.02% and a positive return on equity of 3.27%. The business had revenue of $87.47 million during the quarter, compared to analysts’ expectations of $82.45 million. During the same period in the previous year, the company earned $0.06 earnings per share. LSI Industries’s revenue for the quarter was up 3.9% on a year-over-year basis. equities research analysts anticipate that LSI Industries Inc. will post 0.2 EPS for the current year.
A number of analysts have issued reports on the stock. Roth Capital set a $7.00 target price on shares of LSI Industries and gave the company a “hold” rating in a research note on Thursday. Zacks Investment Research upgraded shares of LSI Industries from a “sell” rating to a “buy” rating and set a $7.75 target price for the company in a research note on Wednesday, October 4th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a $9.00 target price on shares of LSI Industries in a research note on Thursday, October 26th.
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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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