Shares of LSI Industries, Inc. (NASDAQ:LYTS) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Brokers have set a 1 year consensus target price of $6.00 for the company and are forecasting that the company will post ($0.09) EPS for the current quarter, according to Zacks. Zacks has also given LSI Industries an industry rank of 245 out of 256 based on the ratings given to related companies.

Several brokerages have issued reports on LYTS. ValuEngine upgraded LSI Industries from a “hold” rating to a “buy” rating in a research report on Thursday, August 1st. Zacks Investment Research downgraded shares of LSI Industries from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 25th.

Shares of NASDAQ:LYTS traded down $0.03 during trading on Thursday, hitting $3.90. The stock had a trading volume of 20,489 shares, compared to its average volume of 67,679. LSI Industries has a 12 month low of $2.48 and a 12 month high of $5.59. The company has a market cap of $104.02 million, a P/E ratio of 17.73, a PEG ratio of 0.66 and a beta of 1.43. The company has a fifty day moving average of $3.93. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.59 and a quick ratio of 1.39.

Several hedge funds have recently modified their holdings of LYTS. Mid Atlantic Financial Management Inc. ADV acquired a new position in shares of LSI Industries during the first quarter worth $28,000. Parametric Portfolio Associates LLC acquired a new position in shares of LSI Industries during the second quarter worth $45,000. Brinker Capital Inc. acquired a new position in shares of LSI Industries during the first quarter worth $99,000. Jacobs Levy Equity Management Inc. increased its position in shares of LSI Industries by 13.4% during the second quarter. Jacobs Levy Equity Management Inc. now owns 27,885 shares of the construction company’s stock worth $102,000 after purchasing an additional 3,300 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in shares of LSI Industries by 12.9% during the second quarter. Wells Fargo & Company MN now owns 31,460 shares of the construction company’s stock worth $116,000 after purchasing an additional 3,583 shares in the last quarter. 62.40% of the stock is currently owned by institutional investors and hedge funds.

LSI Industries Company Profile

LSI Industries Inc provides corporate visual image solutions in the United States, Canada, Australia, and Latin America. It operates in three segments: Lighting, Graphics, and Technology. The Lighting segment manufactures and markets outdoor and indoor lighting and lighting controls for the commercial, industrial, and multi-site retail markets, including the petroleum/convenience store, quick-service, and automotive markets.

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