LCI Industries (NYSE:LCII) Stock Rating Upgraded by StockNews.com

LCI Industries (NYSE:LCII) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

A number of other equities research analysts have also recently issued reports on LCII. Truist Financial upped their price target on shares of LCI Industries from $102.00 to $108.00 and gave the company a “hold” rating in a report on Monday, February 10th. CJS Securities upgraded shares of LCI Industries from a “market perform” rating to an “outperform” rating and set a $145.00 price target for the company in a report on Wednesday, February 12th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, LCI Industries has a consensus rating of “Moderate Buy” and a consensus price target of $121.50.

LCI Industries Trading Down 0.2 %

Shares of NYSE:LCII opened at $88.07 on Tuesday. The stock has a market capitalization of $2.24 billion, a PE ratio of 15.73 and a beta of 1.45. LCI Industries has a 1 year low of $86.23 and a 1 year high of $129.38. The firm has a fifty day moving average price of $102.32 and a 200 day moving average price of $110.48. The company has a current ratio of 2.82, a quick ratio of 1.03 and a debt-to-equity ratio of 0.55.

LCI Industries (NYSE:LCII) last issued its quarterly earnings data on Tuesday, February 11th. The company reported $0.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.06. LCI Industries had a net margin of 3.82% and a return on equity of 10.28%. Analysts expect that LCI Industries will post 6.76 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of LCI Industries by 17.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 69,145 shares of the company’s stock worth $7,149,000 after buying an additional 10,498 shares in the last quarter. Sovereign s Capital Management LLC acquired a new stake in shares of LCI Industries during the fourth quarter worth approximately $3,152,000. Twinbeech Capital LP acquired a new stake in shares of LCI Industries during the fourth quarter worth approximately $5,065,000. Tidal Investments LLC increased its holdings in shares of LCI Industries by 4.8% during the fourth quarter. Tidal Investments LLC now owns 9,853 shares of the company’s stock worth $1,019,000 after buying an additional 451 shares in the last quarter. Finally, Stadium Capital Management LLC increased its holdings in shares of LCI Industries by 250.2% during the fourth quarter. Stadium Capital Management LLC now owns 70,069 shares of the company’s stock worth $7,244,000 after buying an additional 50,058 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

LCI Industries Company Profile

LCI Industries, together with its subsidiaries, manufactures and supplies engineered components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates through two segments: Original Equipment Manufacturers (OEM) and Aftermarket.