At the last check on Thursday, LSI Industries Inc.’s (NASDAQ:LYTS) stock was up $2.27, moving up 17.79 percent to $15.03. The average number of shares traded per day over the past five days has been 314,670 shares. 4 times new highs have been achieved over the past 5 days, with a $2.43 gain in that time frame. In the last twenty days, the average volume was 176,852, while in the previous 50 days, it was 253,167.
Since last month, LYTS stock rose 19.95%. Shares of the company fell to $11.74 on 08/07/23, the lowest level in the past month. A 52-week high of $16.00 was reached on 03/10/23 after having rallying from a 52-week low of $6.55. Since the beginning of this year, LYTS’s stock price has risen by 22.79% or $2.88, and marked a new high 13 times. However, the stock has declined by -6.06% since its 52-week high.
LYTS stock investors should be aware that LSI Industries Inc. (LYTS) stock had its last reported insider trading activity 86 days ago on May 23. Galeese James E, the Executive VP; CFO of the company, disposed of 3,201 shares for $13.15 on May 23. It resulted in a $42,093 divestment by the insider. Galeese James E sold 800 shares at an average price of $13.17 on May 22. The insider now owns 135,562 shares following the transaction. On May 19, Executive VP; CFO Galeese James E sold 21,003 shares at $13.28 apiece. The transaction was valued at $278,920.
Valuation Metrics
Right now, LSI Industries Inc. (LYTS) has a P/E ratio of about 19.27. The stock’s beta is 1.09. Besides these, the trailing price-to-sales (P/S) ratio of 0.84, the price-to-book (PB) ratio of 2.53, and the price-to-cash flow ratio of 10.90 may also be considered.
The latest dividend of $0.05 per share was paid out, remained unchanged from last year’s $0.05. On Thursday January 28 2016, a $0.01 dividend increase was announced.
Financial Health
In the three months ended March 30, LSI Industries Inc.’s quick ratio stood at 1.20, while its current ratio was 2.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.28, and the total debt-to-equity ratio was 0.30. On the profitability front, the trailing twelve-month gross margin is 26.70% percent. In the year ended March 30, EBITDA margin amounted to 6.99%, whereas operating margins totaled 6.80%. Based on annual data, LYTS earned $109.21 million in gross profit and brought in $455.12 million in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 7.50%. Return on equity (ROE) for the past 12 months was 14.30%.
In LSI Industries Inc.’s quarter-end financial report for March 30, it reported total debt of $46.0 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. LYTS’s revenue rose 6.27% to $128.79 million during the quarter, while net income inched up to $117.47 million. While analysts expected LSI Industries Inc. to report $0.14 quarterly earnings, the actual figure was $0.19 per share, beating the consensus estimate by 35.70%. During the quarter, the company generated $10.19 million in EBITDA. The liabilities of LSI Industries Inc. were 123.28 million at the end of its most recent quarter ended March 30, and its total debt was $58.34 million. The value of shareholders’ equity is $28.37 million.
Technical Picture
This quick technical analysis looks at LSI Industries Inc.’s (LYTS) price momentum. With a historical volatility rate of 82.64%, the RSI 9-day stood at 86.33% on 16 August.
With respect to its five-day moving average, the current LSI Industries Inc. price is up by +19.15% percent or $2.43. At present, LYTS shares trade +20.67% above its 20-day simple moving average and +11.75% percent above its 100-day simple moving average. However, the stock is currently trading approximately +25.69% above its SMA50 and +101.06% above its SMA200.
Stochastic coefficient K was 76.82% and Stochastic coefficient D was 74.74%, while ATR was 0.68. Given the Stochastic reading of 86.67% for the 14-day period, the RSI (14) reading has been calculated as 79.56%. As of today, the MACD Oscillator reading stands at 0.69, while the 14-day reading stands at 0.82.
Analyst Ratings
Craig Hallum launched its rating on LSI Industries Inc. (NASDAQ: LYTS) to a Buy in a note to investors on January 09, 2023. LSI Industries Inc. (LYTS) has been rated Buy by analysts. According to 0 brokerage firms, LYTS is a sell, and 0 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate LSI Industries Inc. stock as buy, with 3 recommending it as overweight.
With a median target price of $20.00, the current consensus forecast for the stock is $17.00 – $21.00. Based on these forecasts, analysts predict LSI Industries Inc. (LYTS) will achieve an average price target of $19.33.
