Shares of LCI Industries (NYSE:LCII) have been given an average recommendation of “Hold” by the six research firms that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $107.00.

A number of analysts recently issued reports on the company. Robert W. Baird reissued a “buy” rating and issued a $115.00 target price on shares of LCI Industries in a research report on Wednesday, July 25th. Zacks Investment Research cut LCI Industries from a “hold” rating to a “strong sell” rating in a research report on Wednesday, May 9th. ValuEngine raised LCI Industries from a “sell” rating to a “hold” rating in a research report on Wednesday. Citigroup decreased their target price on LCI Industries from $131.00 to $112.00 and set a “buy” rating for the company in a research report on Tuesday, June 19th. Finally, Northcoast Research raised LCI Industries from a “sell” rating to a “neutral” rating and set a $94.00 target price for the company in a research report on Wednesday, May 2nd.

Shares of LCI Industries traded down $0.60, reaching $98.15, during trading hours on Thursday, according to Marketbeat. The stock had a trading volume of 82,614 shares, compared to its average volume of 230,969. The stock has a market cap of $2.49 billion, a PE ratio of 17.04 and a beta of 1.04. The company has a quick ratio of 1.11, a current ratio of 2.70 and a debt-to-equity ratio of 0.30. LCI Industries has a fifty-two week low of $80.95 and a fifty-two week high of $132.73.

LCI Industries (NYSE:LCII) last announced its earnings results on Thursday, August 2nd. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.83 by $0.03. The firm had revenue of $684.46 million during the quarter, compared to analysts’ expectations of $658.81 million. LCI Industries had a return on equity of 23.39% and a net margin of 5.92%. The business’s revenue was up 25.0% on a year-over-year basis. During the same period in the prior year, the firm earned $1.59 EPS. sell-side analysts anticipate that LCI Industries will post 6.78 earnings per share for the current year.

In related news, CEO Jason Lippert acquired 6,000 shares of LCI Industries stock in a transaction on Monday, June 4th. The stock was purchased at an average cost of $83.83 per share, with a total value of $502,980.00. Following the purchase, the chief executive officer now directly owns 213,022 shares in the company, valued at $17,857,634.26. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, President Scott T. Mereness acquired 4,000 shares of LCI Industries stock in a transaction on Friday, June 1st. The shares were bought at an average cost of $85.00 per share, with a total value of $340,000.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders have acquired 12,000 shares of company stock valued at $1,020,080. 3.60% of the stock is owned by company insiders.

Institutional investors and hedge funds have recently bought and sold shares of the business. NumerixS Investment Technologies Inc purchased a new stake in LCI Industries during the 2nd quarter valued at approximately $201,000. FNY Investment Advisers LLC purchased a new stake in LCI Industries during the 2nd quarter valued at approximately $204,000. WP Advisors LLC purchased a new stake in LCI Industries during the 2nd quarter valued at approximately $207,000. Ladenburg Thalmann Financial Services Inc. raised its stake in LCI Industries by 201.7% during the 4th quarter. Ladenburg Thalmann Financial Services Inc. now owns 1,632 shares of the company’s stock valued at $211,000 after acquiring an additional 1,091 shares during the last quarter. Finally, Bank of Montreal Can purchased a new stake in LCI Industries during the 2nd quarter valued at approximately $215,000. 94.53% of the stock is owned by hedge funds and other institutional investors.

About LCI Industries

LCI Industries, along with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles (RVs) and adjacent industries in the United States and internationally. It operates in two segments, Original Equipment Manufacturers (OEM) and Aftermarket. The OEM segment manufactures or distributes various components for the OEMs of RVs and adjacent industries, including buses; trailers used to haul boats, livestock, equipment, and other cargo; travel trailers, fifth-wheel travel trailers, folding camping trailers, and truck campers; trucks; pontoon boats; trains; manufactured homes; and modular housing.

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