LSI Industries (NASDAQ:LYTS - Get Free Report) issued its quarterly earnings results on Thursday. The construction company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.17 by $0.09, Zacks reports. LSI Industries had a net margin of 4.25% and a return on equity of 11.25%. The company had revenue of $155.07 million during the quarter, compared to the consensus estimate of $138.89 million.
LSI Industries Stock Up 2.6%
Shares of NASDAQ:LYTS traded up $0.58 during trading on Tuesday, hitting $23.16. 123,910 shares of the company were exchanged, compared to its average volume of 144,201. The firm's 50 day moving average price is $18.10 and its 200-day moving average price is $17.33. LSI Industries has a 12-month low of $13.77 and a 12-month high of $25.50. The stock has a market capitalization of $692.98 million, a P/E ratio of 29.32 and a beta of 0.32. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.08 and a quick ratio of 1.25.
LSI Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Tuesday, September 2nd will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Tuesday, September 2nd. LSI Industries's payout ratio is currently 25.32%.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on the stock. Wall Street Zen upgraded shares of LSI Industries from a "buy" rating to a "strong-buy" rating in a research note on Sunday. Craig Hallum reiterated a "buy" rating and issued a $28.00 price target on shares of LSI Industries in a research note on Friday. Finally, Canaccord Genuity Group lifted their price target on shares of LSI Industries from $22.00 to $25.00 and gave the stock a "buy" rating in a research note on Monday. Three analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $27.67.
Read Our Latest Stock Report on LYTS
Institutional Trading of LSI Industries
Several institutional investors and hedge funds have recently bought and sold shares of LYTS. Strs Ohio purchased a new stake in LSI Industries in the 1st quarter valued at $34,000. EverSource Wealth Advisors LLC purchased a new stake in LSI Industries in the 2nd quarter valued at $47,000. BNP Paribas Financial Markets raised its position in LSI Industries by 22.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 4,077 shares of the construction company's stock valued at $69,000 after purchasing an additional 736 shares during the last quarter. Tower Research Capital LLC TRC raised its position in LSI Industries by 141.3% in the 2nd quarter. Tower Research Capital LLC TRC now owns 4,363 shares of the construction company's stock valued at $74,000 after purchasing an additional 2,555 shares during the last quarter. Finally, Quantbot Technologies LP raised its position in LSI Industries by 133.3% in the 2nd quarter. Quantbot Technologies LP now owns 5,611 shares of the construction company's stock valued at $95,000 after purchasing an additional 3,206 shares during the last quarter. Hedge funds and other institutional investors own 73.91% of the company's stock.
LSI Industries Company Profile
(
Get Free Report)
LSI Industries Inc produces and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, and Latin America. It operates through two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting fixture and control solutions in the commercial and industrial markets.
Recommended Stories
Before you consider LSI Industries, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LSI Industries wasn't on the list.
While LSI Industries currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Enter your email address and we'll send you MarketBeat's list of ten stocks that are set to soar in Fall 2025, despite the threat of tariffs and other economic uncertainty. These ten stocks are incredibly resilient and are likely to thrive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
