Brokerages Set LSI Industries Inc. (NASDAQ:LYTS) PT at $27.67

LSI Industries Inc. (NASDAQ:LYTS) has been assigned an average recommendation of “Moderate Buy” from the five brokerages that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $27.6667.

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of LSI Industries in a research report on Monday, December 29th. Zacks Research upgraded LSI Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Finally, Wall Street Zen downgraded LSI Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 15th.

Institutional Trading of LSI Industries

Institutional investors and hedge funds have recently made changes to their positions in the company. Thrivent Financial for Lutherans bought a new position in LSI Industries in the third quarter valued at approximately $10,288,000. Royce & Associates LP boosted its holdings in shares of LSI Industries by 50.0% in the 3rd quarter. Royce & Associates LP now owns 1,045,225 shares of the construction company’s stock valued at $24,678,000 after purchasing an additional 348,598 shares in the last quarter. Kennedy Capital Management LLC increased its stake in shares of LSI Industries by 163.7% in the 3rd quarter. Kennedy Capital Management LLC now owns 339,495 shares of the construction company’s stock valued at $8,015,000 after purchasing an additional 210,728 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its holdings in shares of LSI Industries by 402.4% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 198,433 shares of the construction company’s stock worth $4,685,000 after buying an additional 158,934 shares in the last quarter. Finally, Archon Capital Management LLC lifted its position in shares of LSI Industries by 67.8% during the 2nd quarter. Archon Capital Management LLC now owns 284,872 shares of the construction company’s stock worth $4,846,000 after buying an additional 115,124 shares during the last quarter. Institutional investors own 73.91% of the company’s stock.

LSI Industries News Roundup

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: Earnings and revenue topped estimates — LYTS reported $0.20 EPS vs. a $0.17 consensus and revenue of $147.0M vs. ~$140.1M expected, signaling near-term operating improvement. Zacks: LYTS Q2 results
• Positive Sentiment: Management emphasized cash strength and core lighting business momentum on the earnings call, suggesting durable demand in key end markets and incremental margin opportunity as sales stabilize. TipRanks: Earnings call highlights
• Positive Sentiment: Analyst/press reaction points to a reacceleration thesis — coverage (including a Fool piece) frames the beat and commentary as evidence growth is set to pick up, supporting bullish sentiment. Fool: Why LYTS is up
• Neutral Sentiment: Board declared a quarterly cash dividend of $0.05/share (record Feb 2, payable Feb 10); dividend yield ~0.9% — modest income signal but limited impact on valuation.
• Neutral Sentiment: Full earnings call transcript, slide deck and press release are available for deeper due diligence (useful for investors assessing segment detail and backlog). Seeking Alpha: Q2 transcript
• Negative Sentiment: Profitability remains modest (net margin ~4.2%) and the stock trades at a mid/high-teens to high P/E (~29 reported), which could limit upside if revenue momentum stalls or margin expansion is slower than expected. MarketBeat: Q2 summary & materials

LSI Industries Trading Up 14.1%

LYTS stock opened at $23.25 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.36 and a current ratio of 2.19. The company’s 50-day simple moving average is $18.83 and its 200 day simple moving average is $20.30. LSI Industries has a 52 week low of $13.77 and a 52 week high of $25.50. The company has a market capitalization of $722.84 million, a PE ratio of 29.06 and a beta of 0.18.

LSI Industries (NASDAQ:LYTS) last issued its quarterly earnings data on Thursday, January 22nd. The construction company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.03. The business had revenue of $147.00 million during the quarter, compared to analysts’ expectations of $140.11 million. LSI Industries had a net margin of 4.21% and a return on equity of 10.96%. As a group, sell-side analysts anticipate that LSI Industries will post 0.7 earnings per share for the current year.

LSI Industries Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, February 10th. Shareholders of record on Monday, February 2nd will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Monday, February 2nd. LSI Industries’s dividend payout ratio (DPR) is currently 25.00%.

About LSI Industries

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.