LCI Industries (NYSE:LCII) Shares Gap Down – Here’s What Happened

LCI Industries (NYSE:LCII) gapped down before the market opened on Friday . The stock had previously closed at $153.75, but opened at $145.20. LCI Industries shares last traded at $147.7750, with a volume of 13,489 shares.

Wall Street Analysts Forecast Growth

LCII has been the subject of a number of recent research reports. Benchmark upped their target price on LCI Industries from $130.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday. Roth Mkm reiterated a “neutral” rating and set a $164.00 price target on shares of LCI Industries in a report on Thursday. Robert W. Baird set a $150.00 target price on shares of LCI Industries in a research note on Thursday. Weiss Ratings restated a “hold (c)” rating on shares of LCI Industries in a report on Thursday, January 22nd. Finally, Zacks Research lowered shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 2nd. One equities research analyst has rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $156.67.

LCI Industries Stock Up 0.9%

The company has a current ratio of 2.85, a quick ratio of 1.28 and a debt-to-equity ratio of 0.69. The firm has a market capitalization of $3.56 billion, a P/E ratio of 19.51 and a beta of 1.32. The stock’s 50-day simple moving average is $137.63 and its 200-day simple moving average is $114.23.

LCI Industries (NYSE:LCII) last released its earnings results on Wednesday, February 18th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.20. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.The business had revenue of $932.70 million during the quarter, compared to the consensus estimate of $913.04 million. During the same period last year, the business posted $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, research analysts predict that LCI Industries will post 6.76 earnings per share for the current fiscal year.

Institutional Investors Weigh In On LCI Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. T. Rowe Price Investment Management Inc. purchased a new position in LCI Industries during the fourth quarter valued at approximately $8,581,000. Invesco Ltd. increased its stake in LCI Industries by 24.0% in the 4th quarter. Invesco Ltd. now owns 126,775 shares of the company’s stock worth $15,383,000 after acquiring an additional 24,526 shares during the last quarter. Corient Private Wealth LLC raised its holdings in shares of LCI Industries by 155.1% in the 4th quarter. Corient Private Wealth LLC now owns 6,498 shares of the company’s stock valued at $785,000 after acquiring an additional 3,951 shares in the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of LCI Industries by 52.5% during the 4th quarter. First Citizens Bank & Trust Co. now owns 4,120 shares of the company’s stock valued at $500,000 after acquiring an additional 1,419 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of LCI Industries by 6,456.8% during the fourth quarter. NewEdge Advisors LLC now owns 2,426 shares of the company’s stock worth $294,000 after purchasing an additional 2,389 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors.

LCI Industries Company Profile

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.