LCI Industries (NYSE:LCII) Lowered to Hold at Jefferies Financial Group
LCI Industries (NYSE:LCII – Get Ranking) was downgraded by analysts at Jefferies Economic Team from a “acquire” rating to a “hold” rating in a take note issued to traders on Friday, The Fly reports.
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A amount of other research analysts have also issued experiences on the inventory. DA Davidson diminished their goal rate on shares of LCI Industries from $131.00 to $107.00 in a study note on Wednesday, November 2nd. Robert W. Baird reduced their target value on shares of LCI Industries from $155.00 to $130.00 in a study be aware on Wednesday, November 2nd. Truist Fiscal lessened their goal price on shares of LCI Industries from $135.00 to $125.00 and set a “invest in” rating for the corporation in a research be aware on Wednesday, Oct 5th. MKM Partners diminished their focus on cost on shares of LCI Industries from $153.00 to $137.00 and set a “invest in” ranking for the firm in a exploration notice on Monday, October 3rd. Eventually, StockNews.com reduced shares of LCI Industries from a “acquire” rating to a “maintain” score in a research be aware on Tuesday, November 8th. 3 equities exploration analysts have rated the inventory with a hold ranking and two have specified a obtain score to the company’s stock. In accordance to data from MarketBeat, the business presently has an common score of “Hold” and an regular price goal of $124.75.
LCI Industries Investing Up 2.3 {d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}
NYSE LCII opened at $107.27 on Friday. LCI Industries has a 1 calendar year lower of $89.28 and a one particular yr high of $139.89. The company has a 50-working day straightforward transferring common of $99.36 and a 200-working day uncomplicated transferring typical of $109.20. The firm has a financial debt-to-fairness ratio of .73, a quick ratio of .85 and a present ratio of 3.01. The organization has a marketplace capitalization of $2.73 billion, a PE ratio of 5.53 and a beta of 1.35.
LCI Industries (NYSE:LCII – Get Ranking) previous posted its quarterly earnings effects on Tuesday, November 1st. The corporation noted $2.40 EPS for the quarter, missing the consensus estimate of $2.43 by ($.03). The enterprise experienced income of $1.13 billion through the quarter, in comparison to analyst estimates of $1.17 billion. LCI Industries had a net margin of 8.95{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} and a return on fairness of 38.25{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9}. On regular, equities analysts forecast that LCI Industries will publish 17.26 earnings per share for the present-day calendar year.
Institutional Buying and selling of LCI Industries
Hedge resources and other institutional buyers have just lately built modifications to their positions in the business. CWM LLC raised its holdings in shares of LCI Industries by 120.2{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} in the 3rd quarter. CWM LLC now owns 251 shares of the firm’s stock worth $25,000 just after acquiring an supplemental 137 shares in the final quarter. Castle Wealth Management LLC purchased a new stake in shares of LCI Industries in the 2nd quarter really worth close to $26,000. Northwestern Mutual Prosperity Administration Co. purchased a new stake in shares of LCI Industries in the 2nd quarter well worth close to $26,000. Pinebridge Investments L.P. bought a new stake in shares of LCI Industries in the 2nd quarter truly worth close to $27,000. Ultimately, Eagle Bay Advisors LLC purchased a new stake in shares of LCI Industries in the 2nd quarter well worth approximately $28,000. 99.19{d0229a57248bc83f80dcf53d285ae037b39e8d57980e4e23347103bb2289e3f9} of the inventory is now owned by institutional investors.
LCI Industries Organization Profile
LCI Industries, jointly with its subsidiaries, manufactures and supplies components for the makers of leisure autos (RVs) and adjacent industries in the United States and internationally. It operates in two segments, Primary Equipment Makers (OEM) and Aftermarket. The OEM section manufactures and distributes a assortment of engineered components, these kinds of as steel chassis and associated factors axles and suspension answers slide-out mechanisms and solutions thermoformed bathtub, kitchen area, and other products and solutions vinyl, aluminum, and frameless home windows manual, electrical, and hydraulic stabilizer and leveling devices entry, luggage, patio, and ramp doors furniture and mattresses electrical and handbook entry steps awnings and awning extras towing solutions truck extras electronic parts appliances air conditioners televisions and seem devices and other accessories.
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