LSI Industries Inc. (NASDAQ: LYTS) is 13.00% higher on its value in year-to-date trading and has touched a low of $11.44 and a high of $17.33 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LYTS stock was last observed hovering at around $15.93 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $15.91, the stock is 7.02% and 5.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.15 million and changing -0.13% at the moment leaves the stock 9.49% off its SMA200. LYTS registered 1.47% gain for a year compared to 6-month gain of 10.41%.
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The stock witnessed a -2.69% loss in the last 1 month and extending the period to 3 months gives it a 0.19%, and is 3.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.74% over the week and 3.46% over the month.
LSI Industries Inc. (LYTS) has around 1627 employees, a market worth around $463.46M and $469.64M in sales. Current P/E ratio is 19.10 and Fwd P/E is 13.22. Profit margin for the company is 5.32%. Distance from 52-week low is 39.12% and -8.19% from its 52-week high. The company has generated returns on investments over the last 12 months (9.79%).
The EPS is expected to shrink by -3.86% this year.
LSI Industries Inc. (LYTS) Top Institutional Holders
196.0 institutions hold shares in LSI Industries Inc. (LYTS), with institutional investors hold 84.98% of the company’s shares. The shares outstanding are 28.45M, and float is at 25.39M with Short Float at 1.91%. Institutions hold 74.67% of the Float.
The top institutional shareholder in the company is SYSTEMATIC FINANCIAL MANAGEMENT LP with over 2.28 million shares valued at $32.95 million. The investor’s holdings represent 7.8077% of the LYTS Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 2.0 million shares valued at $$28.91 million to account for 6.8518 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 1.63 million shares representing 5.5873% and valued at over $23.58 million, while VANGUARD GROUP INC holds 5.4022 of the shares totaling 1.58 million with a market value of $22.8 million.
LSI Industries Inc. (LYTS) Insider Activity
The most recent transaction is an insider sale by Galeese James E,the company’sExecutive VP; CFO. SEC filings show that Galeese James E sold 8,824 shares of the company’s common stock on Aug 19 ’24 at a price of $14.57 per share for a total of $0.13 million. Following the sale, the insider now owns 0.15 million shares.
LSI Industries Inc. disclosed in a document filed with the SEC on Aug 20 ’24 that Galeese James E (Executive VP; CFO) sold a total of 8,097 shares of the company’s common stock. The trade occurred on Aug 20 ’24 and was made at $14.24 per share for $0.12 million. Following the transaction, the insider now directly holds 0.14 million shares of the LYTS stock.
Still, SEC filings show that on Aug 19 ’24, Caneris Thomas A (Exec. VP, HR & General Counsel) disposed off 9,748 shares at an average price of $14.57 for $0.14 million. The insider now directly holds 98,656 shares of LSI Industries Inc. (LYTS).
