LCI Industries (LCII) Scheduled to Post Quarterly Earnings on Thursday

LCI Industries (NYSE:LCII) is scheduled to be releasing its earnings data before the market opens on Thursday, February 8th. Analysts expect LCI Industries to post earnings of $1.15 per share for the quarter.

LCI Industries (NYSE LCII) opened at $104.70 on Tuesday. The firm has a market cap of $2,610.00, a price-to-earnings ratio of 18.66 and a beta of 0.99. LCI Industries has a 1-year low of $86.25 and a 1-year high of $132.73. The company has a quick ratio of 1.03, a current ratio of 2.19 and a debt-to-equity ratio of 0.08.

A number of brokerages have weighed in on LCII. Zacks Investment Research upgraded shares of LCI Industries from a “sell” rating to a “hold” rating in a report on Wednesday, January 3rd. Robert W. Baird reiterated a “buy” rating and issued a $135.00 price target on shares of LCI Industries in a report on Friday, December 22nd. BidaskClub upgraded shares of LCI Industries from a “buy” rating to a “strong-buy” rating in a report on Friday, October 27th. Finally, Northcoast Research began coverage on shares of LCI Industries in a report on Friday, January 26th. They issued a “sell” rating and a $94.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have issued a buy rating to the company’s stock. LCI Industries presently has a consensus rating of “Hold” and an average price target of $112.75.

In related news, CEO Jason Lippert sold 7,500 shares of LCI Industries stock in a transaction on Tuesday, November 28th. The shares were sold at an average price of $127.22, for a total transaction of $954,150.00. Following the transaction, the chief executive officer now owns 151,735 shares in the company, valued at approximately $19,303,726.70. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Scott T. Mereness bought 1,500 shares of LCI Industries stock in a transaction that occurred on Thursday, November 9th. The shares were acquired at an average price of $114.00 per share, for a total transaction of $171,000.00. The disclosure for this purchase can be found here. In the last quarter, insiders sold 11,487 shares of company stock worth $1,464,242. 3.60% of the stock is owned by company insiders.

ILLEGAL ACTIVITY WARNING: This story was first reported by Community Financial News and is owned by of Community Financial News. If you are accessing this story on another domain, it was illegally stolen and republished in violation of United States & international trademark & copyright laws. The original version of this story can be accessed at https://www.com-unik.info/2018/02/06/lci-industries-lcii-scheduled-to-post-quarterly-earnings-on-thursday.html.

LCI Industries Company Profile

LCI Industries, formerly Drew Industries Incorporated, through its subsidiary, Lippert Components, Inc and its subsidiaries (LCI), supplies an array of components for the original equipment manufacturers (OEMs) of recreational vehicles (RVs) and adjacent industries. The Company’s segments include OEM Segment and Aftermarket Segment.

Earnings History for LCI Industries (NYSE:LCII)

Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit