LCI Industries (NYSE:LCII) Reaches New 1-Year Low - What's Next?

Key Points

• LCI Industries shares hit a new 52-week low, trading as low as $84.10, well below their 50-day and 200-day moving averages of $101.14 and $107.98.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $126.25; targets range from $118 to $125 among several firms, 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 pays a $1.15 quarterly dividend, equivalent to a 5.5% yield, and institutions own 99.71% of its shares.

LCI Industries (NYSE:LCII - Get Free Report)'s stock price reached a new 52-week low during trading on Thursday . The company traded as low as $84.10 and last traded at $84.3860, with a volume of 48497 shares trading hands. The stock had previously closed at $85.03.

Wall Street Analyst Weigh In

Several research firms recently issued reports on LCII. BMO Capital Markets set a $118.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Benchmark dropped their target price on shares of LCI Industries from $150.00 to $125.00 and set a "buy" rating on the stock in a report on Tuesday, June 23rd. Robert W. Baird set a $119.00 target price on shares of LCI Industries in a research report on Thursday, August 6th. Zacks Research cut shares of LCI Industries from a "hold" rating to a "strong sell" rating in a report on Friday, August 7th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of LCI Industries in a research report on Tuesday, September 1st. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $126.25.

LCI Industries Price Performance

The stock's 50-day moving average is $101.14 and its 200-day moving average is $107.98. The firm has a market cap of $2.04 billion, a P/E ratio of 9.77 and a beta of 1.18. 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 issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, beating analysts' consensus estimates of $2.58 by $0.12. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The business's revenue was down 12.6% on a year-over-year basis. During the same period in the prior year, the firm earned $2.39 EPS. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, equities analysts anticipate that LCI Industries will post 8.45 EPS for the current fiscal year.

LCI Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were paid a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 5.5%. The ex-dividend date was Friday, August 21st. LCI Industries's dividend payout ratio (DPR) is presently 53.49%.

Hedge Funds Weigh In On LCI Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Tidal Investments LLC increased its position in shares of LCI Industries by 21.3% during the second quarter. Tidal Investments LLC now owns 9,403 shares of the company's stock valued at $996,000 after purchasing an additional 1,651 shares during the period. Engineers Gate Manager LP raised its stake in shares of LCI Industries by 305.2% in the second quarter. Engineers Gate Manager LP now owns 16,127 shares of the company's stock valued at $1,708,000 after purchasing an additional 12,147 shares in the last quarter. Integrated Wealth Concepts LLC bought a new position in LCI Industries in the second quarter worth $120,000. NewEdge Advisors LLC boosted its stake in LCI Industries by 6.8% during the second quarter. NewEdge Advisors LLC now owns 2,454 shares of the company's stock worth $260,000 after buying an additional 156 shares in the last quarter. Finally, Squarepoint Ops LLC boosted its stake in LCI Industries by 32.6% during the second quarter. Squarepoint Ops LLC now owns 88,640 shares of the company's stock worth $9,385,000 after buying an additional 21,771 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

About LCI Industries

LCI Industries, formerly known as Drew Industries, is a manufacturer and supplier of components and systems used primarily in recreational vehicles (RVs), marine products, and other specialty vehicles. The company operates under the Lippert brand and serves original equipment manufacturers as well as aftermarket customers.

Its product portfolio includes chassis and axles, suspension systems, slide-out mechanisms, leveling and stabilization equipment, windows, doors, awnings, steps, furniture, mattresses, appliances, electronics, and related interior and exterior components.

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