Media headlines about LCI Industries (NASDAQ:LCII) have been trending somewhat positive recently, Accern reports. The research firm ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. LCI Industries earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned headlines about the company an impact score of 46.1353260095676 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
LCI Industries (NASDAQ:LCII) opened at 100.10 on Monday. The stock has a market cap of $2.50 billion and a price-to-earnings ratio of 18.08. LCI Industries has a 12 month low of $80.65 and a 12 month high of $117.15. The firm’s 50 day moving average price is $99.65 and its 200 day moving average price is $99.20.
LCI Industries (NASDAQ:LCII) last released its quarterly earnings data on Friday, August 4th. The company reported $1.59 EPS for the quarter, beating the Zacks’ consensus estimate of $1.56 by $0.03. The company had revenue of $547 million during the quarter, compared to the consensus estimate of $507.56 million. LCI Industries had a net margin of 7.33% and a return on equity of 26.74%. The company’s revenue was up 24.0% on a year-over-year basis. On average, equities research analysts predict that LCI Industries will post $5.79 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which was paid on Friday, September 1st. Stockholders of record on Friday, August 18th were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, August 16th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.00%.
Several research analysts have issued reports on the company. Robert W. Baird restated a “buy” rating and set a $115.00 target price on shares of LCI Industries in a research report on Friday, August 25th. Zacks Investment Research lowered LCI Industries from a “buy” rating to a “hold” rating in a research report on Tuesday, August 15th.
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In other news, President Scott T. Mereness purchased 3,000 shares of the business’s stock in a transaction dated Thursday, August 10th. The stock was acquired at an average price of $94.50 per share, for a total transaction of $283,500.00. Following the acquisition, the president now directly owns 204,824 shares of the company’s stock, valued at $19,355,868. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director David A. Reed sold 2,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 22nd. The stock was sold at an average price of $101.29, for a total transaction of $202,580.00. The disclosure for this sale can be found here.
LCI Industries Company Profile
LCI Industries, formerly Drew Industries Incorporated, through its subsidiary, Lippert Components, Inc and its subsidiaries (LCI), supplies an array of components for the original equipment manufacturers (OEMs) of recreational vehicles (RVs) and adjacent industries. The Company’s segments include OEM Segment and Aftermarket Segment.
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