LSI Industries, Inc. (NASDAQ:LYTS) Given Consensus Rating of “Strong Buy” by Analysts

LSI Industries, Inc. (NASDAQ:LYTS) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating.

Brokers have set a 1-year consensus price objective of $6.00 for the company and are anticipating that the company will post ($0.09) earnings per share for the current quarter, according to Zacks. Zacks has also given LSI Industries an industry rank of 244 out of 256 based on the ratings given to related companies.

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



A number of hedge funds and other institutional investors have recently modified their holdings of the business. Jacobs Levy Equity Management Inc. increased its holdings in shares of LSI Industries by 13.4% in the 2nd quarter. Jacobs Levy Equity Management Inc. now owns 27,885 shares of the construction company’s stock valued at $102,000 after acquiring an additional 3,300 shares during the last quarter. Wells Fargo & Company MN increased its holdings in shares of LSI Industries by 12.9% in the 2nd quarter. Wells Fargo & Company MN now owns 31,460 shares of the construction company’s stock valued at $116,000 after acquiring an additional 3,583 shares during the last quarter. BlackRock Inc. increased its holdings in shares of LSI Industries by 0.3% in the 4th quarter. BlackRock Inc. now owns 1,395,900 shares of the construction company’s stock valued at $4,424,000 after acquiring an additional 3,691 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of LSI Industries by 2.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 266,884 shares of the construction company’s stock valued at $974,000 after acquiring an additional 5,324 shares during the last quarter. Finally, WealthTrust Axiom LLC increased its holdings in shares of LSI Industries by 1.0% in the 2nd quarter. WealthTrust Axiom LLC now owns 933,665 shares of the construction company’s stock valued at $3,407,000 after acquiring an additional 8,954 shares during the last quarter. Institutional investors own 61.57% of the company’s stock.

NASDAQ LYTS traded up $0.07 during trading hours on Thursday, hitting $4.00. 444 shares of the company were exchanged, compared to its average volume of 46,329. The company has a 50 day moving average of $3.97 and a two-hundred day moving average of $3.45. The company has a quick ratio of 1.39, a current ratio of 2.59 and a debt-to-equity ratio of 0.36. LSI Industries has a 52-week low of $2.48 and a 52-week high of $5.59. The firm has a market cap of $101.68 million, a price-to-earnings ratio of 18.18, a PEG ratio of 0.63 and a beta of 1.43.

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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