Q4 2018 Earnings Estimate for LCI Industries Issued By Northcoast Research (LCII)

LCI Industries (NYSE:LCII) – Equities research analysts at Northcoast Research decreased their Q4 2018 earnings estimates for LCI Industries in a research note issued on Monday, November 5th. Northcoast Research analyst S. Woolf now forecasts that the company will post earnings per share of $1.11 for the quarter, down from their previous estimate of $1.45. Northcoast Research currently has a “Buy” rating on the stock. Northcoast Research also issued estimates for LCI Industries’ Q1 2019 earnings at $1.88 EPS, Q3 2019 earnings at $1.71 EPS and Q4 2019 earnings at $1.14 EPS.

LCI Industries (NYSE:LCII) last released its quarterly earnings data on Thursday, November 1st. The company reported $1.33 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.05). LCI Industries had a net margin of 5.87% and a return on equity of 22.88%. The firm had revenue of $604.24 million during the quarter, compared to the consensus estimate of $601.93 million. During the same quarter last year, the business posted $1.26 earnings per share. LCI Industries’s revenue was up 8.9% compared to the same quarter last year.

LCII has been the subject of a number of other reports. Citigroup cut their price objective on shares of LCI Industries from $111.00 to $92.00 and set a “buy” rating for the company in a research report on Tuesday. Robert W. Baird restated a “buy” rating and issued a $115.00 price objective on shares of LCI Industries in a research report on Wednesday, July 25th. Sidoti cut their price objective on shares of LCI Industries from $136.00 to $119.00 and set a “buy” rating for the company in a research report on Friday, September 28th. Finally, ValuEngine upgraded shares of LCI Industries from a “sell” rating to a “hold” rating in a research report on Wednesday, August 8th. Two analysts have rated the stock with a sell rating and four have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $110.80.

LCII stock opened at $75.02 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 3.05 and a quick ratio of 1.26. LCI Industries has a 12 month low of $66.49 and a 12 month high of $132.73. The company has a market capitalization of $1.96 billion, a PE ratio of 13.02 and a beta of 1.17.

Several hedge funds have recently added to or reduced their stakes in LCII. Suntrust Banks Inc. lifted its position in LCI Industries by 15.6% during the first quarter. Suntrust Banks Inc. now owns 4,232 shares of the company’s stock valued at $440,000 after purchasing an additional 570 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in LCI Industries by 12.9% during the third quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,020 shares of the company’s stock valued at $498,000 after purchasing an additional 687 shares during the last quarter. GSA Capital Partners LLP lifted its position in LCI Industries by 25.2% during the second quarter. GSA Capital Partners LLP now owns 3,860 shares of the company’s stock valued at $348,000 after purchasing an additional 776 shares during the last quarter. NJ State Employees Deferred Compensation Plan lifted its position in LCI Industries by 12.5% during the second quarter. NJ State Employees Deferred Compensation Plan now owns 9,000 shares of the company’s stock valued at $811,000 after purchasing an additional 1,000 shares during the last quarter. Finally, K.J. Harrison & Partners Inc lifted its position in LCI Industries by 6.7% during the second quarter. K.J. Harrison & Partners Inc now owns 16,010 shares of the company’s stock valued at $1,443,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 93.57% of the company’s stock.

LCI Industries Company Profile

LCI Industries, along with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates in two segments, Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures or distributes various components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; travel trailers, fifth-wheel travel trailers, folding camping trailers, and truck campers; trucks; pontoon boats; trains; manufactured homes; and modular housing.

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Earnings History and Estimates for LCI Industries (NYSE:LCII)

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