Somewhat Positive Media Coverage Somewhat Unlikely to Impact LSI Industries (LYTS) Stock Price

Media stories about LSI Industries (NASDAQ:LYTS) have been trending somewhat positive on Sunday, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. LSI Industries earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 46.2193988492108 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Shares of LSI Industries (NASDAQ LYTS) traded up $0.08 on Friday, reaching $6.86. The company’s stock had a trading volume of 49,270 shares, compared to its average volume of 79,748. LSI Industries has a 12 month low of $4.99 and a 12 month high of $10.68. The stock has a market cap of $176.93, a price-to-earnings ratio of 34.30, a PEG ratio of 1.37 and a beta of 1.69. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.64 and a quick ratio of 1.45.

LSI Industries (NASDAQ:LYTS) last announced its quarterly earnings data on Thursday, October 26th. The construction company reported $0.07 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.03. LSI Industries had a positive return on equity of 3.27% and a negative net margin of 4.02%. The company had revenue of $87.47 million for the quarter, compared to analyst estimates of $82.45 million. During the same quarter in the previous year, the company earned $0.06 EPS. The firm’s revenue for the quarter was up 3.9% compared to the same quarter last year. equities analysts predict that LSI Industries will post 0.2 EPS for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, November 14th. Shareholders of record on Monday, November 6th were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.92%. The ex-dividend date was Friday, November 3rd. LSI Industries’s dividend payout ratio is presently -38.46%.

Several equities analysts recently issued reports on the company. Roth Capital cut LSI Industries from a “buy” rating to a “hold” rating and dropped their price target for the company from $13.00 to $7.00 in a research report on Friday, August 4th. Zacks Investment Research upgraded LSI Industries from a “hold” rating to a “buy” rating and set a $7.50 price target on the stock in a research report on Wednesday, November 1st. Canaccord Genuity restated a “buy” rating and issued a $9.00 price target on shares of LSI Industries in a research report on Thursday, October 26th. Finally, TheStreet lowered LSI Industries from a “b-” rating to a “c+” rating in a report on Thursday, August 10th.

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In other news, VP Howard E. Japlon purchased 10,000 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were acquired at an average price of $5.90 per share, with a total value of $59,000.00. Following the purchase, the vice president now directly owns 18,500 shares of the company’s stock, valued at $109,150. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP James E. Galeese purchased 9,025 shares of the firm’s stock in a transaction dated Monday, August 21st. The shares were purchased at an average cost of $5.53 per share, for a total transaction of $49,908.25. Following the purchase, the vice president now directly owns 824 shares in the company, valued at $4,556.72. The disclosure for this purchase can be found here. 6.37% of the stock is currently owned by insiders.

LSI Industries Company Profile

LSI Industries Inc is a provider of corporate visual image solutions to the petroleum/convenience store industry. The Company designs and develops aspects of the solid-state light emitting diode (LED) lighting, from the electronic circuit board, to the software to drive and control the LEDs, to the structure of the LED product.

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