LSI Industries (NASDAQ:LYTS) Getting Somewhat Favorable News Coverage, Analysis Finds
Media stories about LSI Industries (NASDAQ:LYTS) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. LSI Industries earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 46.6252436021389 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Canaccord Genuity Reiterates “Buy” Rating for LSI Industries Inc. (NASDAQ:LYTS) (americanbankingnews.com)
- LSI Industries Inc. (NASDAQ:LYTS) Lowered to Hold at Roth Capital (americanbankingnews.com)
- LSI Industries (NASDAQ:LYTS) Getting Positive Media Coverage, Study Shows (campdesrecrues.com)
- LSI Industries Inc. Announces Preliminary Operating Results for Fiscal 2017, and Commences Search for New Leadership for the Lighting Segment (finance.yahoo.com)
- One of Greater Cincinnati’s top public companies lays off 75 (finance.yahoo.com)
Several analysts have recently weighed in on the stock. Roth Capital cut shares of LSI Industries from a “buy” rating to a “hold” rating and set a $7.00 price target for the company. in a research note on Friday. Canaccord Genuity reissued a “buy” rating and issued a $9.00 price target on shares of LSI Industries in a research note on Monday. Finally, Zacks Investment Research raised shares of LSI Industries from a “sell” rating to a “hold” rating in a research note on Thursday, June 29th.
LSI Industries (LYTS) traded down 0.17% during mid-day trading on Tuesday, hitting $6.05. 79,603 shares of the stock traded hands. The company has a market cap of $153.66 million, a price-to-earnings ratio of 42.91 and a beta of 1.56. LSI Industries has a 12-month low of $5.95 and a 12-month high of $11.55. The firm’s 50-day moving average is $8.86 and its 200-day moving average is $9.27.
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About LSI Industries
LSI Industries Inc is a provider of corporate visual image solutions to the petroleum/convenience store industry. The Company designs and develops aspects of the solid-state light emitting diode (LED) lighting, from the electronic circuit board, to the software to drive and control the LEDs, to the structure of the LED product.
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