Benchmark Cuts LCI Industries (NYSE:LCII) Price Target to $125.00

LCI Industries (NYSE:LCII) had its price objective reduced by Benchmark from $150.00 to $125.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Benchmark’s price target would suggest a potential upside of 35.61% from the company’s current price.

Several other analysts also recently commented on LCII. Weiss Ratings downgraded shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Zacks Research cut shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Stifel Nicolaus assumed coverage on shares of LCI Industries in a research report on Tuesday, March 24th. They set a “buy” rating and a $152.00 target price for the company. Wall Street Zen lowered shares of LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Robert W. Baird set a $140.00 price target on LCI Industries in a research report on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $145.71.

LCI Industries Stock Performance

NYSE:LCII traded up $0.84 during trading hours on Tuesday, hitting $92.17. 111,766 shares of the company were exchanged, compared to its average volume of 360,301. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20. LCI Industries has a 52-week low of $84.33 and a 52-week high of $159.66. The stock has a market capitalization of $2.24 billion, a price-to-earnings ratio of 11.33 and a beta of 1.17. The company’s 50 day moving average price is $109.42 and its 200-day moving average price is $124.15.

LCI Industries (NYSE:LCII) last issued its earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. The company had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The firm’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the business posted $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, research analysts forecast that LCI Industries will post 8.95 earnings per share for the current year.

Hedge Funds Weigh In On LCI Industries

A number of hedge funds have recently bought and sold shares of the business. Huntington National Bank lifted its position in shares of LCI Industries by 79.8% during the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after buying an additional 91 shares in the last quarter. Salomon & Ludwin LLC increased its holdings in LCI Industries by 1,818.2% in the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares in the last quarter. Global Retirement Partners LLC acquired a new position in LCI Industries during the fourth quarter worth $30,000. Northwestern Mutual Wealth Management Co. raised its position in LCI Industries by 358.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock worth $58,000 after acquiring an additional 488 shares during the period. Finally, Clearstead Advisors LLC lifted its holdings in LCI Industries by 36.8% during the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after purchasing an additional 139 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

About LCI Industries

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.