On 11/2/23, LSI Industries Inc (NASDAQ: LYTS) stock suffered a major decline of -14.7%, closing at $12.65. The stock has been exceptionally strong relative to the market over the last nine months but has declined -14.6% during the last week.
Current PriceTarget Research Rating
LYTS’ future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
LSI Industries has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. LSI Industries has a slightly negative Appreciation Score of 35 but a very high Power Rating of 88, leading to the Positive Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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