LCI Industries (NYSE:LCII) Reaches New 1-Year Low - Time to Sell?

Key Points

• LCI Industries shares hit a new 52-week low, trading as low as $80.44 and last changing hands near $80.20, well below the 50-day and 200-day moving averages.
• Analyst sentiment is mixed but leans toward “Hold”: three analysts rate the stock Buy, six Hold, and one Sell, with an average price target of $126.25.
• The company beat quarterly EPS estimates ($2.70 versus $2.58) but reported a 12.6% year-over-year revenue decline. LCI also pays a quarterly dividend of $1.15 per share, representing an annualized yield of about 5.7%.

LCI Industries (NYSE:LCII - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $80.44 and last traded at $80.2010, with a volume of 70360 shares trading hands. The stock had previously closed at $82.19.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on the company. BMO Capital Markets set a $118.00 price objective on LCI Industries in a research report on Thursday, August 6th. Truist Financial dropped their price target on LCI Industries from $135.00 to $114.00 and set a "hold" rating on the stock in a research note on Wednesday, July 8th. Roth Capital reaffirmed a "buy" rating and set a $135.00 price target (down from $155.00) on shares of LCI Industries in a report on Monday, August 10th. Weiss Ratings reaffirmed a "hold (c)" rating on shares of LCI Industries in a research report on Tuesday, September 1st. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a $120.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $126.25.

LCI Industries Stock Performance

The stock has a 50 day moving average price of $97.11 and a two-hundred day moving average price of $105.34. The company has a market cap of $1.95 billion, a P/E ratio of 9.31 and a beta of 1.21. The company has a quick ratio of 1.20, a current ratio of 2.49 and a debt-to-equity ratio of 0.59.

LCI Industries (NYSE:LCII - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The firm had revenue of $1.10 billion for the quarter, compared to analysts' expectations of $1.12 billion. During the same quarter last year, the business earned $2.39 EPS. The company's quarterly revenue 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. On average, research analysts predict that LCI Industries will post 8.45 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 5.7%. The ex-dividend date was Friday, August 21st. LCI Industries's dividend payout ratio is presently 53.49%.

Institutional Investors Weigh In On LCI Industries

Hedge funds and other institutional investors have recently made changes to their positions in the business. Versant Capital Management Inc grew its position in LCI Industries by 354.5% during the third quarter. Versant Capital Management Inc now owns 459 shares of the company's stock worth $38,000 after buying an additional 358 shares in the last quarter. Global Retirement Partners LLC acquired a new position in LCI Industries in the 2nd quarter valued at $60,000. Northwestern Mutual Wealth Management Co. acquired a new position in LCI Industries in the 2nd quarter valued at $64,000. Assetmark Inc. bought a new stake in shares of LCI Industries during the 1st quarter valued at $90,000. Finally, Rockefeller Capital Management L.P. grew its holdings in shares of LCI Industries by 228.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 847 shares of the company's stock worth $103,000 after purchasing an additional 589 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

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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