Benchmark Has Lowered Expectations for LCI Industries (NYSE:LCII) Stock Price

Key Points

• Benchmark lowered its price target for LCI Industries from $175 to $150 while maintaining a "buy" rating, implying roughly a 29.9% upside; overall analyst coverage is mixed (three Buys, six Holds) with an average target of about $149.29 and a consensus rating of "Hold."
• LCI beat quarterly expectations (EPS $2.59 vs. $2.22; revenue $1.09B vs. $1.08B) and set FY2026 guidance of $8.75–$9.25 EPS (analysts' average 8.78), while shares traded around $115.49 and the company carries a market cap of about $2.8 billion.

LCI Industries (NYSE:LCII - Get Free Report) had its target price dropped by equities researchers at Benchmark from $175.00 to $150.00 in a research report issued on Wednesday,Benzinga reports. The firm presently has a "buy" rating on the stock. Benchmark's price objective suggests a potential upside of 29.88% from the company's previous close.

A number of other research firms have also issued reports on LCII. Roth Mkm upgraded shares of LCI Industries from a "neutral" rating to a "buy" rating and set a $164.00 price target on the stock in a report on Wednesday. Loop Capital reiterated a "hold" rating and issued a $149.00 price objective on shares of LCI Industries in a research note on Thursday, January 22nd. Stifel Nicolaus started coverage on shares of LCI Industries in a research note on Tuesday, March 24th. They issued a "buy" rating and a $152.00 price objective on the stock. Wall Street Zen lowered shares of LCI Industries from a "buy" rating to a "hold" rating in a research note on Saturday, April 18th. Finally, Zacks Research lowered shares of LCI Industries from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 20th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat.com, LCI Industries has an average rating of "Hold" and an average price target of $149.29.

LCI Industries Trading Up 3.1%

Shares of LCII stock traded up $3.46 during trading hours on Wednesday, reaching $115.49. 147,980 shares of the stock traded hands, compared to its average volume of 370,182. LCI Industries has a 1-year low of $82.29 and a 1-year high of $159.66. The business has a fifty day moving average price of $124.81 and a 200 day moving average price of $124.06. 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 firm has a market capitalization of $2.80 billion, a PE ratio of 15.30 and a beta of 1.21.

LCI Industries (NYSE:LCII - Get Free Report) last released its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.22 by $0.37. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. The business had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.08 billion. During the same quarter in the previous year, the business earned $2.19 earnings per share. The firm's revenue was up 4.3% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, equities research analysts forecast that LCI Industries will post 8.78 EPS for the current year.

Insiders Place Their Bets

In other LCI Industries news, CEO Jason Lippert sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $142.76, for a total value of $1,427,600.00. Following the completion of the sale, the chief executive officer directly owned 334,973 shares of the company's stock, valued at $47,820,745.48. The trade was a 2.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Jamie Schnur sold 10,000 shares of the business's stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $144.66, for a total transaction of $1,446,600.00. Following the completion of the sale, the insider directly owned 19,420 shares of the company's stock, valued at $2,809,297.20. This 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 90,000 shares of company stock valued at $13,137,900 over the last ninety days. Corporate insiders own 3.30% of the company's stock.

Institutional Trading of LCI Industries

Several large investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. grew its position in LCI Industries by 0.6% in the first quarter. Bessemer Group Inc. now owns 27,207 shares of the company's stock worth $3,346,000 after acquiring an additional 152 shares in the last quarter. Illinois Municipal Retirement Fund grew its position in LCI Industries by 5.9% in the first quarter. Illinois Municipal Retirement Fund now owns 13,062 shares of the company's stock worth $1,606,000 after acquiring an additional 724 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of LCI Industries by 36.7% during the 1st quarter. Principal Financial Group Inc. now owns 655,917 shares of the company's stock worth $80,666,000 after buying an additional 176,101 shares during the period. Fifth Third Bancorp boosted its holdings in shares of LCI Industries by 45,719.7% during the 1st quarter. Fifth Third Bancorp now owns 67,355 shares of the company's stock worth $8,283,000 after buying an additional 67,208 shares during the period. Finally, Hsbc Holdings PLC bought a new stake in shares of LCI Industries during the 1st quarter worth $202,000. 99.71% of the stock is owned by institutional investors.

About LCI Industries

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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