LCI Industries (NYSE: LCII) is -3.53% lower on its value in year-to-date trading and has touched a low of $72.31 and a high of $129.38 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The LCII stock was last observed hovering at around $99.12 in the last trading session, with the day’s loss setting it -1.12%.
Currently trading at $98.0, the stock is 7.47% and 11.78% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.18 million and changing -1.13% at the moment leaves the stock -3.48% off its SMA200. LCII registered -5.21% loss for a year compared to 6-month loss of -3.71%.
The stock witnessed a 11.25% gain in the last 1 month and extending the period to 3 months gives it a 9.12%, and is 8.28% 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 4.20% over the week and 2.80% over the month.
LCI Industries (LCII) has around 11500 employees, a market worth around $2.47B and $3.82B in sales. Current P/E ratio is 16.04 and Fwd P/E is 13.83. Profit margin for the company is 4.08%. Distance from 52-week low is 35.53% and -24.25% from its 52-week high. The company has generated returns on investments over the last 12 months (6.23%).
The EPS is expected to grow by 15.27% this year
The shares outstanding are 25.24M, and float is at 24.32M with Short Float at 9.04%.
The top institutional shareholder in the company is BLACKROCK INC. with over 3.86 million shares valued at $399.4 million. The investor’s holdings represent 15.1666 of the LCII Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.82 million shares valued at $291.1 million to account for 11.0542 of the shares outstanding. The other top investors are KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC which holds 2.37 million shares representing 9.3024 and valued at over $244.97 million, while FMR LLC holds 8.8966 of the shares totaling 2.27 million with a market value of $234.28 million.
LCI Industries (LCII) Insider Activity
LCI Industries disclosed in a document filed with the SEC on Nov 25 ’24 that LIPPERT JASON (President, CEO) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Nov 25 ’24 and was made at $126.00 per share for $1.26 million. Following the transaction, the insider now directly holds 0.37 million shares of the LCII stock.
