Extremely important negative changes in investment behavior have recently occurred for LCI Industries (NYSE: LCII): the stock’s recent price decline challenged its longer term uptrend, and the stock fell on very heavy volume.
LCI Industries (NYSE: LCII). Important negative changes in fundamentals have recently occurred. Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.
In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
LCII is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
LCI Industries has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. LCI Industries has a neutral Appreciation Score of 45 but a poor Power Rating of 29, resulting in the Negative Value Trend Rating.
Recent Price Action
LCI Industries (NYSE: LCII) stock suffered a large decline of -7.4% on 3/6/24. The stock closed at $116.01. Moreover, this decline was accompanied by exceptionally high trading volume at 213% of normal. The stock has performed in line with the market over the last nine months and has declined -7.6% during the last week.
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