LSI Industries, Inc. (NASDAQ:LYTS) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.

Analysts have set a 1 year consensus target price of $7.00 for the company and are predicting that the company will post $0.07 EPS for the current quarter, according to Zacks. Zacks has also assigned LSI Industries an industry rank of 59 out of 265 based on the ratings given to its competitors.

Several equities analysts have recently issued reports on the stock. Roth Capital set a $7.00 price target on shares of LSI Industries and gave the company a “hold” rating in a research note on Thursday, December 14th. Zacks Investment Research raised shares of LSI Industries from a “sell” rating to a “buy” rating and set a $7.75 price target for the company in a research note on Wednesday, October 4th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $9.00 price target on shares of LSI Industries in a research note on Thursday, October 26th.

In other news, VP James E. Galeese acquired 7,641 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was bought at an average cost of $6.54 per share, for a total transaction of $49,972.14. Following the completion of the transaction, the vice president now directly owns 2,379 shares in the company, valued at approximately $15,558.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Howard E. Japlon acquired 5,000 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were purchased at an average price of $6.88 per share, with a total value of $34,400.00. Following the completion of the transaction, the vice president now owns 23,500 shares of the company’s stock, valued at $161,680. The disclosure for this purchase can be found here. 6.37% of the stock is currently owned by company insiders.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. increased its position in shares of LSI Industries by 1.7% during the second quarter. Russell Investments Group Ltd. now owns 22,000 shares of the construction company’s stock worth $200,000 after buying an additional 370 shares during the period. Rhumbline Advisers increased its position in shares of LSI Industries by 1.5% during the second quarter. Rhumbline Advisers now owns 29,529 shares of the construction company’s stock worth $267,000 after buying an additional 430 shares during the period. Bank of America Corp DE increased its position in shares of LSI Industries by 4.7% during the first quarter. Bank of America Corp DE now owns 21,915 shares of the construction company’s stock worth $222,000 after buying an additional 983 shares during the period. The Manufacturers Life Insurance Company increased its position in shares of LSI Industries by 11.9% during the second quarter. The Manufacturers Life Insurance Company now owns 24,374 shares of the construction company’s stock worth $220,000 after buying an additional 2,591 shares during the period. Finally, Metropolitan Life Insurance Co. NY increased its position in shares of LSI Industries by 19.9% during the first quarter. Metropolitan Life Insurance Co. NY now owns 15,947 shares of the construction company’s stock worth $161,000 after buying an additional 2,645 shares during the period. Institutional investors own 73.18% of the company’s stock.

LSI Industries (NASDAQ LYTS) traded down $0.12 during mid-day trading on Friday, hitting $6.89. 44,800 shares of the stock traded hands, compared to its average volume of 95,602. The company has a market capitalization of $177.71, a P/E ratio of -13.25, a P/E/G ratio of 1.48 and a beta of 1.68. LSI Industries has a 12-month low of $4.99 and a 12-month high of $10.68. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.64 and a quick ratio of 1.45.

LSI Industries (NASDAQ:LYTS) last released its quarterly earnings results on Thursday, October 26th. The construction company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.04 by $0.03. The firm had revenue of $87.47 million during the quarter, compared to the consensus estimate of $82.45 million. LSI Industries had a negative net margin of 17.87% and a negative return on equity of 41.18%. The company’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $0.06 earnings per share. sell-side analysts expect that LSI Industries will post 0.19 earnings per share for the current year.

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LSI Industries Company Profile

LSI Industries Inc is a provider of corporate visual image solutions to the petroleum/convenience store industry. The Company designs and develops aspects of the solid-state light emitting diode (LED) lighting, from the electronic circuit board, to the software to drive and control the LEDs, to the structure of the LED product.

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