LCI Industries (NYSE:LCII) Shares Gap Down – Here’s What Happened

LCI Industries (NYSE:LCIIGet Free Report)’s stock price gapped down prior to trading on Friday . The stock had previously closed at $153.75, but opened at $145.20. LCI Industries shares last traded at $147.7750, with a volume of 13,489 shares trading hands.

Analysts Set New Price Targets

Several analysts have recently weighed in on the stock. Truist Financial set a $147.00 price objective on shares of LCI Industries in a report on Tuesday, January 20th. Roth Mkm restated a “neutral” rating and set a $164.00 price target on shares of LCI Industries in a research report on Thursday. Wall Street Zen raised LCI Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 price objective on shares of LCI Industries in a research report on Wednesday. Finally, Zacks Research lowered LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. One analyst has rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $156.67.

Get Our Latest Stock Analysis on LCII

LCI Industries Stock Up 1.2%

The firm’s 50 day moving average price is $138.14 and its 200-day moving average price is $114.71. The company has a current ratio of 2.85, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The company has a market cap of $3.57 billion, a P/E ratio of 19.56 and a beta of 1.32.

LCI Industries (NYSE:LCIIGet Free Report) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.20. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. The firm had revenue of $932.70 million for the quarter, compared to analysts’ expectations of $913.04 million. During the same period last year, the firm earned $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, equities research analysts expect that LCI Industries will post 6.76 EPS for the current year.

Institutional Investors Weigh In On LCI Industries

Several large investors have recently bought and sold shares of the company. AQR Capital Management LLC bought a new position in shares of LCI Industries during the first quarter worth $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in LCI Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,759 shares of the company’s stock worth $1,290,000 after buying an additional 643 shares during the period. Empowered Funds LLC acquired a new stake in LCI Industries during the 1st quarter worth $1,124,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in LCI Industries by 10.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,660 shares of the company’s stock worth $6,702,000 after acquiring an additional 7,515 shares in the last quarter. Finally, CWM LLC lifted its holdings in LCI Industries by 1,046.0% during the second quarter. CWM LLC now owns 2,716 shares of the company’s stock worth $248,000 after acquiring an additional 2,479 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

About LCI Industries

(Get Free Report)

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.

Further Reading

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