LCI Industries (NYSE:LCII) Reaches New 1-Year Low - Here's Why

Key Points

• LCI Industries shares hit a new 52-week low, falling to $77.58 and trading well below their 50-day and 200-day moving averages.
• Analyst sentiment is mixed but leans toward “Hold”, with a consensus price target of $126.25; targets range from $118 to $135, while Zacks downgraded the stock to “Strong Sell.”
• The company exceeded quarterly EPS estimates but reported a 12.6% year-over-year revenue decline. LCI also maintains a quarterly dividend of $1.15, equivalent to a 5.8% annualized yield.

Shares of LCI Industries (NYSE:LCII - Get Free Report) reached a new 52-week low on Tuesday. The stock traded as low as $77.58 and last traded at $79.19, with a volume of 173,483 shares. The stock had previously closed at $78.30.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on LCII shares. BMO Capital Markets set a $118.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Weiss Ratings cut shares of LCI Industries from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday. Jefferies Financial Group reissued a "hold" rating and set a $120.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Roth Capital reissued a "buy" rating and set a $135.00 price objective (down from $155.00) on shares of LCI Industries in a report on Monday, August 10th. Finally, Zacks Research downgraded LCI Industries from a "hold" rating to a "strong sell" rating in a research report on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus price target of $126.25.

LCI Industries Stock Up 1.1%

The company has a fifty day moving average of $95.17 and a two-hundred day moving average of $104.18. The company has a market cap of $1.93 billion, a PE ratio of 9.21 and a beta of 1.21. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.20 and a current ratio of 2.49.

LCI Industries (NYSE:LCII - Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, topping analysts' consensus estimates of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The firm had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the previous year, the company earned $2.39 EPS. The firm's revenue for the quarter was down 12.6% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, analysts anticipate that LCI Industries will post 8.45 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were given a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 5.8%. The ex-dividend date of this dividend was Friday, August 21st. LCI Industries's payout ratio is 53.49%.

Institutional Investors Weigh In On LCI Industries

Several hedge funds have recently made changes to their positions in the company. Bessemer Group Inc. grew its stake in LCI Industries by 0.6% in the first quarter. Bessemer Group Inc. now owns 27,207 shares of the company's stock valued at $3,346,000 after purchasing an additional 152 shares during the last quarter. NewEdge Advisors LLC raised its holdings in LCI Industries by 6.8% in the second quarter. NewEdge Advisors LLC now owns 2,454 shares of the company's stock worth $260,000 after purchasing an additional 156 shares in the last quarter. Central Pacific Bank Trust Division lifted its position in shares of LCI Industries by 21.7% during the second quarter. Central Pacific Bank Trust Division now owns 1,514 shares of the company's stock valued at $160,000 after buying an additional 270 shares during the last quarter. QRG Capital Management Inc. lifted its position in shares of LCI Industries by 14.3% during the first quarter. QRG Capital Management Inc. now owns 2,571 shares of the company's stock valued at $316,000 after buying an additional 322 shares during the last quarter. Finally, Versant Capital Management Inc lifted its position in shares of LCI Industries by 354.5% during the third quarter. Versant Capital Management Inc now owns 459 shares of the company's stock valued at $38,000 after buying an additional 358 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

About LCI Industries

LCI Industries, operating primarily through its Lippert subsidiary, is a manufacturer and supplier of components and systems for recreational vehicles, marine vessels and other specialty vehicles. Its products are used by original equipment manufacturers and sold through aftermarket and distribution channels.

The company's product portfolio includes chassis, axles, suspension systems, slide-out mechanisms, leveling systems, windows, doors, awnings, steps, towing equipment, furniture, mattresses, appliances, electronics and plumbing products.

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