LCI Industries (NYSE: LCII) has reported earnings for its third fiscal quarter (ending September 30) of $1.02 versus $2.41 for the same period a year ago — a decline of -58%. This result fell short of the consensus estimate of $1.37 by $-0.35. For the latest four quarters through September 30, E.P.S. were $1.95 versus $19.49 for the same period a year ago — a decline of -90%.
Recent Price Action
LCI Industries (NYSE: LCII) stock suffered a large decline of -2.3% on 11/7/23. The stock closed at $110.22. The stock has risen 3.7% during the last week and has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
LCII’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
LCI 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 highly consistent signals. LCI Industries has a slightly positive Appreciation Score of 64 and a slightly positive Power Rating of 66, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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