LSI Industries Inc. (NASDAQ:LYTS) has been given a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two analysts have rated the stock with a strong buy recommendation.
Brokers have set a 1-year consensus price objective of $14.00 for the company and are anticipating that the company will post $0.11 EPS for the current quarter, according to Zacks. Zacks has also given LSI Industries an industry rank of 224 out of 265 based on the ratings given to related companies.
A number of research analysts have commented on the company. Canaccord Genuity reaffirmed a “buy” rating and set a $13.00 price target on shares of LSI Industries in a research report on Thursday. Roth Capital assumed coverage on LSI Industries in a research report on Thursday, August 25th. They set a “buy” rating and a $14.00 price target for the company.
LSI Industries (NASDAQ:LYTS) opened at 11.23 on Friday. LSI Industries has a 12 month low of $8.22 and a 12 month high of $13.45. The stock has a market cap of $280.50 million, a PE ratio of 30.35 and a beta of 1.50. The company’s 50 day moving average price is $10.23 and its 200 day moving average price is $11.23.
LSI Industries (NASDAQ:LYTS) last released its quarterly earnings results on Thursday, August 18th. The company reported $0.06 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by $0.03. The business had revenue of $80.84 million for the quarter, compared to the consensus estimate of $79.80 million. LSI Industries had a net margin of 2.94% and a return on equity of 6.40%. Equities analysts forecast that LSI Industries will post $0.45 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Wednesday, September 7th. Stockholders of record on Monday, August 29th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 1.78%. The ex-dividend date was Thursday, August 25th. LSI Industries’s dividend payout ratio is currently 52.63%.
About LSI Industries
LSI Industries Inc is a provider of corporate visual image solutions through the combination of digital and screen graphics capabilities, various indoor and outdoor lighting products, lighting control systems and related professional services. The Company operates through three segments: Lighting Segment, Graphics Segment and Technology Segment.
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