Analysts Expect LSI Industries Inc. (LYTS) to Announce $0.04 EPS

LSI Industries Inc. (NASDAQ:LYTS) has earned a consensus broker rating score of 2.00 (Buy) from the two analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating and one has issued a strong buy rating on the company. LSI Industries’ rating score has improved by 33.3% in the last 90 days as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a 12 month consensus price target of $9.27 for the company and are anticipating that the company will post $0.04 EPS for the current quarter, according to Zacks. Zacks has also given LSI Industries an industry rank of 217 out of 265 based on the ratings given to its competitors.

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LYTS has been the topic of a number of recent analyst reports. Zacks Investment Research lowered LSI Industries from a “buy” rating to a “sell” rating in a research report on Thursday, December 28th. Singular Research initiated coverage on LSI Industries in a research report on Friday, February 2nd. They set a “buy” rating and a $9.80 target price on the stock. Roth Capital set a $7.00 target price on LSI Industries and gave the stock a “hold” rating in a research report on Thursday, December 14th. Finally, Canaccord Genuity boosted their target price on LSI Industries from $9.00 to $10.00 and gave the stock a “buy” rating in a research report on Wednesday, January 24th.

Shares of LSI Industries stock traded up $0.04 during trading on Friday, hitting $8.11. The stock had a trading volume of 80,803 shares, compared to its average volume of 72,639. The company has a quick ratio of 1.57, a current ratio of 2.71 and a debt-to-equity ratio of 0.37. The firm has a market cap of $207.41, a price-to-earnings ratio of 42.68, a price-to-earnings-growth ratio of 1.30 and a beta of 1.72. LSI Industries has a fifty-two week low of $4.99 and a fifty-two week high of $10.24.

LSI Industries (NASDAQ:LYTS) last announced its earnings results on Thursday, January 25th. The construction company reported $0.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The company had revenue of $92.30 million for the quarter, compared to analyst estimates of $88.85 million. LSI Industries had a positive return on equity of 3.88% and a negative net margin of 4.96%. LSI Industries’s revenue for the quarter was up 7.7% compared to the same quarter last year. analysts anticipate that LSI Industries will post 0.25 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Macquarie Group Ltd. acquired a new stake in shares of LSI Industries during the fourth quarter worth $157,000. Millennium Management LLC raised its position in LSI Industries by 114.0% during the fourth quarter. Millennium Management LLC now owns 197,339 shares of the construction company’s stock valued at $1,358,000 after buying an additional 105,103 shares during the period. Cornerstone Capital Management Holdings LLC. raised its position in LSI Industries by 19.2% during the fourth quarter. Cornerstone Capital Management Holdings LLC. now owns 124,578 shares of the construction company’s stock valued at $856,000 after buying an additional 20,100 shares during the period. TIAA CREF Investment Management LLC raised its position in LSI Industries by 15.8% during the fourth quarter. TIAA CREF Investment Management LLC now owns 148,192 shares of the construction company’s stock valued at $1,020,000 after buying an additional 20,263 shares during the period. Finally, Stone Ridge Asset Management LLC acquired a new position in LSI Industries during the fourth quarter valued at $361,000. 73.60% of the stock is currently owned by institutional investors.

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LSI Industries Company Profile

LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.

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