LCI Industries (NYSE:LCII) Hits New 52-Week Low – Should You Sell?

Shares of LCI Industries (NYSE:LCII) hit a new 52-week low on Thursday. The company traded as low as $82.78 and last traded at $82.52, with a volume of 4563 shares changing hands. The stock had previously closed at $83.67.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LCII. Benchmark decreased their target price on LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Truist Financial reduced their price objective on shares of LCI Industries from $135.00 to $114.00 and set a “hold” rating for the company in a research note on Wednesday, July 8th. Robert W. Baird set a $119.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Stifel Nicolaus lowered their target price on shares of LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Finally, Roth Capital reiterated a “buy” rating and issued a $135.00 target price (down from $155.00) on shares of LCI Industries in a report on Monday, August 10th. Three research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, LCI Industries currently has a consensus rating of “Hold” and a consensus price target of $126.25.

LCI Industries Price Performance

The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. The stock has a fifty day simple moving average of $98.91 and a 200-day simple moving average of $106.49. The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 9.59 and a beta of 1.18.

LCI Industries (NYSE:LCII) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The company had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same period in the previous year, the company earned $2.39 earnings per share. The company’s quarterly revenue was down 12.6% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, equities research analysts expect that LCI Industries will post 8.45 EPS for the current year.

LCI Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 5.6%. The ex-dividend date was Friday, August 21st. LCI Industries’s dividend payout ratio is presently 53.49%.

Institutional Investors Weigh In On LCI Industries

Hedge funds have recently made changes to their positions in the stock. Tidal Investments LLC grew its position in LCI Industries by 21.3% during the second quarter. Tidal Investments LLC now owns 9,403 shares of the company’s stock worth $996,000 after buying an additional 1,651 shares in the last quarter. Engineers Gate Manager LP raised its holdings in LCI Industries by 305.2% in the 2nd quarter. Engineers Gate Manager LP now owns 16,127 shares of the company’s stock valued at $1,708,000 after acquiring an additional 12,147 shares in the last quarter. Integrated Wealth Concepts LLC acquired a new position in LCI Industries in the 2nd quarter valued at approximately $120,000. NewEdge Advisors LLC lifted its position in shares of LCI Industries by 6.8% in the 2nd quarter. NewEdge Advisors LLC now owns 2,454 shares of the company’s stock worth $260,000 after acquiring an additional 156 shares during the period. Finally, Squarepoint Ops LLC lifted its position in shares of LCI Industries by 32.6% in the 2nd quarter. Squarepoint Ops LLC now owns 88,640 shares of the company’s stock worth $9,385,000 after acquiring an additional 21,771 shares during the period. Institutional investors own 99.71% of the company’s stock.

LCI Industries Company Profile

LCI Industries, formerly known as Drew Industries, is a manufacturer and supplier of components and systems used primarily in recreational vehicles (RVs), marine products, and other specialty vehicles. The company operates under the Lippert brand and serves original equipment manufacturers as well as aftermarket customers.

Its product portfolio includes chassis and axles, suspension systems, slide-out mechanisms, leveling and stabilization equipment, windows, doors, awnings, steps, furniture, mattresses, appliances, electronics, and related interior and exterior components.