For its second fiscal quarter (ending June 30), LCI Industries (NYSE: LCII) has reported a 82% increase in E.P.S. from $1.32 a year ago to $2.40 in the current quarter. This result exceeded the consensus estimate of $2.16 by $0.24. For the latest four quarters through June 30, E.P.S. were $4.79 versus $3.34 for the same period a year ago — an increase of 43%.
Recent Price Action
LCI Industries (NYSE: LCII) stock closed at $111.68 on 8/6/24 after a very large increase of 7.1%. Moreover, exceptionally high trading volume at 215% of normal accompanied the advance. The stock has declined -4.1% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, LCII is expected to continue to be a Value Builder.
LCI Industries has a current Value Trend Rating of C (Low Neutral). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. LCI Industries has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 36, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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