LSI Industries, Inc. (NASDAQ:LYTS) has received a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokerages have set a one year consensus price objective of $6.00 for the company and are anticipating that the company will post $0.04 earnings per share for the current quarter, according to Zacks. Zacks has also given LSI Industries an industry rank of 112 out of 255 based on the ratings given to related companies.

A number of analysts have recently issued reports on LYTS shares. ValuEngine downgraded shares of LSI Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday, October 2nd. Zacks Investment Research upgraded shares of LSI Industries from a “strong sell” rating to a “hold” rating in a report on Tuesday, September 24th.

Shares of NASDAQ LYTS traded up $0.05 during midday trading on Wednesday, reaching $5.18. The company’s stock had a trading volume of 32,000 shares, compared to its average volume of 70,530. The company has a current ratio of 2.78, a quick ratio of 1.69 and a debt-to-equity ratio of 0.33. LSI Industries has a fifty-two week low of $2.48 and a fifty-two week high of $5.43. The stock has a market capitalization of $135.03 million, a price-to-earnings ratio of 129.50, a PEG ratio of 0.82 and a beta of 1.38. The stock has a 50 day simple moving average of $4.85 and a 200-day simple moving average of $3.93.

Institutional investors and hedge funds have recently modified their holdings of the stock. Jacobs Levy Equity Management Inc. increased its holdings in LSI Industries by 13.4% during the second quarter. Jacobs Levy Equity Management Inc. now owns 27,885 shares of the construction company’s stock worth $102,000 after buying an additional 3,300 shares during the last quarter. WealthTrust Axiom LLC increased its holdings in LSI Industries by 1.0% during the second quarter. WealthTrust Axiom LLC now owns 933,665 shares of the construction company’s stock worth $3,407,000 after buying an additional 8,954 shares during the last quarter. Wells Fargo & Company MN increased its holdings in LSI Industries by 12.9% during the second quarter. Wells Fargo & Company MN now owns 31,460 shares of the construction company’s stock worth $116,000 after buying an additional 3,583 shares during the last quarter. River & Mercantile Asset Management LLP acquired a new position in LSI Industries during the second quarter worth $879,000. Finally, Renaissance Technologies LLC increased its holdings in LSI Industries by 11.3% during the second quarter. Renaissance Technologies LLC now owns 695,745 shares of the construction company’s stock worth $2,539,000 after buying an additional 70,891 shares during the last quarter. Institutional investors and hedge funds own 59.85% of the company’s stock.

LSI Industries Company Profile

LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.

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