LCI Industries (NYSE:LCII) Stock Crosses Above 50-Day Moving Average – Should You Sell?

LCI Industries (NYSE:LCII) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $90.11 and traded as high as $98.89. LCI Industries shares last traded at $97.1240, with a volume of 2,535,964 shares trading hands.

Analysts Set New Price Targets

LCII has been the subject of a number of research reports. Weiss Ratings cut shares of LCI Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, October 8th. Robert W. Baird set a $119.00 price target on shares of LCI Industries in a research note on Thursday, August 6th. Roth Capital set a $112.00 price target on shares of LCI Industries in a report on Tuesday. Stifel Nicolaus cut shares of LCI Industries from a “buy” rating to a “hold” rating and lowered their price target for the company from $130.00 to $80.00 in a report on Sunday, October 18th. Finally, Truist Financial cut their price objective on shares of LCI Industries from $114.00 to $85.00 and set a “hold” rating for the company in a research report on Friday, October 23rd. Two research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $113.50.

LCI Industries Stock Up 0.1%

The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. The stock has a market cap of $2.41 billion, a P/E ratio of 12.14 and a beta of 1.21. The firm has a 50-day simple moving average of $89.82 and a two-hundred day simple moving average of $111.58.

LCI Industries (NYSE:LCII) last announced its earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business posted $2.39 earnings per share. LCI Industries’s quarterly revenue was down 12.6% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Equities research analysts expect that LCI Industries will post 8.33 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 4th. Shareholders of record on Friday, August 21st were paid a $1.15 dividend. The ex-dividend date was Friday, August 21st. This represents a $4.60 annualized dividend and a yield of 4.6%. LCI Industries’s payout ratio is 53.49%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in LCII. Bank of New York Mellon Corp bought a new stake in LCI Industries during the second quarter worth about $45,200,000. Bank of America Corp DE acquired a new stake in LCI Industries during the second quarter worth about $40,408,000. Principal Financial Group Inc. increased its holdings in LCI Industries by 36.7% in the 1st quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock valued at $80,666,000 after buying an additional 176,101 shares during the period. Rice Hall James & Associates LLC bought a new position in LCI Industries in the 2nd quarter valued at about $15,105,000. Finally, Amundi bought a new position in LCI Industries in the 1st quarter valued at about $15,843,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

About LCI Industries

LCI Industries, formerly known as Drew Industries, is a manufacturer and supplier of components and systems used primarily in recreational vehicles (RVs), as well as in the marine, powersports, automotive, and other transportation markets. Through its Lippert business, the company provides products to original equipment manufacturers and serves consumers through replacement and aftermarket channels.

Its product portfolio includes chassis and structural components, axles and suspension systems, slide-out systems, windows, doors, entry steps, awnings, leveling systems, furniture, mattresses, appliances, electronics, and plumbing products.