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

News headlines about LSI Industries (NASDAQ:LYTS) have trended somewhat positive recently, Accern Sentiment reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million news and blog sources in real-time. 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 media sentiment score of 0.15 on Accern’s scale. Accern also assigned news articles about the construction company an impact score of 46.5993571870374 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the news articles that may have impacted Accern’s scoring:

Several equities research analysts have recently commented on LYTS shares. Canaccord Genuity reissued a “buy” rating and set a $9.00 target price on shares of LSI Industries in a research report on Thursday, October 26th. Zacks Investment Research downgraded shares of LSI Industries from a “buy” rating to a “sell” rating in a research report on Thursday, December 28th. Finally, Roth Capital set a $7.00 target price on shares of LSI Industries and gave the stock a “hold” rating in a research report on Thursday, December 14th.

LSI Industries (NASDAQ:LYTS) traded down $0.08 during trading hours on Thursday, hitting $6.90. 80,100 shares of the stock traded hands, compared to its average volume of 77,491. The company has a current ratio of 2.64, a quick ratio of 1.45 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $180.03, a P/E ratio of -13.27, a PEG ratio of 1.47 and a beta of 1.68. LSI Industries has a one year low of $4.99 and a one year high of $10.68.

LSI Industries (NASDAQ:LYTS) last posted its earnings results on Thursday, October 26th. The construction company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The company had revenue of $87.47 million during the quarter, compared to the consensus estimate of $82.45 million. LSI Industries had a negative net margin of 4.02% and a positive return on equity of 3.27%. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.06 earnings per share. equities research analysts predict that LSI Industries will post 0.19 earnings per share for the current year.

In other news, VP James E. Galeese purchased 7,641 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The shares were acquired at an average cost of $6.54 per share, for a total transaction of $49,972.14. Following the completion of the acquisition, the vice president now owns 2,379 shares in the company, valued at $15,558.66. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP Howard E. Japlon purchased 5,000 shares of the business’s stock in a transaction that occurred on Thursday, December 14th. The shares were purchased at an average price of $6.88 per share, for a total transaction of $34,400.00. Following the completion of the acquisition, the vice president now owns 23,500 shares of the company’s stock, valued at approximately $161,680. The disclosure for this purchase can be found here. Insiders own 6.37% of the company’s stock.

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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.

Insider Buying and Selling by Quarter for LSI Industries (NASDAQ:LYTS)

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