Key Points
- CEO James Anthony Clark sold 23,340 shares of LSI Industries at an average $19.78 for approximately $461,665, reducing his direct ownership by 3.55%; he sold an additional 23,706 shares the following day.
- LSI Industries exceeded quarterly expectations, reporting $0.38 EPS versus $0.35 consensus and revenue of $234.62 million versus $222.78 million. The company also declared a $0.05 quarterly dividend, representing a 1.0% annualized yield.
- Analyst sentiment remains positive overall, with three Buy ratings and two Holds producing a “Moderate Buy” consensus and a $29 average price target, although several executives’ recent stock sales may weigh on investor confidence.
LSI Industries Inc. (NASDAQ:LYTS - Get Free Report) EVP Thomas Caneris sold 5,474 shares of the business's stock in a transaction that occurred on Monday, August 24th. The shares were sold at an average price of $19.78, for a total transaction of $108,275.72. Following the transaction, the executive vice president directly owned 81,839 shares of the company's stock, valued at approximately $1,618,775.42. This represents a 6.27% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
LSI Industries Price Performance
NASDAQ:LYTS opened at $20.27 on Thursday. The firm has a market capitalization of $744.11 million, a price-to-earnings ratio of 30.25 and a beta of 0.56. LSI Industries Inc. has a 52-week low of $17.20 and a 52-week high of $27.36. The stock has a fifty day moving average of $24.29 and a 200 day moving average of $22.65. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.48.
LSI Industries (NASDAQ:LYTS - Get Free Report) last released its quarterly earnings results on Thursday, August 20th. The construction company reported $0.38 EPS for the quarter, topping analysts' consensus estimates of $0.35 by $0.03. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. The business had revenue of $234.62 million during the quarter, compared to analysts' expectations of $222.78 million. On average, research analysts expect that LSI Industries Inc. will post 1.13 EPS for the current fiscal year.
LSI Industries Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 31st will be issued a $0.05 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.20 annualized dividend and a dividend yield of 1.0%. LSI Industries's payout ratio is currently 29.85%.
Key Stories Impacting LSI Industries
Here are the key news stories impacting LSI Industries this week:
- Positive Sentiment: HC Wainwright maintained its Buy rating and raised longer-term forecasts. The firm lifted its EPS estimates for fiscal 2028 to $1.55, fiscal 2029 to $2.04 and fiscal 2030 to $2.54, while projecting fiscal 2031 EPS of $3.16. These increases support the investment case for LSI Industries’ transformation and future earnings growth.
- Positive Sentiment: Recent quarterly results beat expectations. LSI Industries reported EPS of $0.38 versus the $0.35 consensus, while revenue of $234.62 million exceeded the $222.78 million estimate. The company also declared a quarterly dividend of $0.05 per share, or $0.20 annualized.
- Neutral Sentiment: The company’s earnings call highlighted a “transformational year.” However, the available report provides limited additional detail on operating performance or the outlook. LSI Industries Earnings Call Highlights Transformational Year
- Negative Sentiment: HC Wainwright significantly cut its fiscal 2027 EPS forecast. The estimate was reduced to $0.72 from $1.33, below the current full-year consensus estimate of $1.13. The firm expects only $0.03 EPS in the second quarter of fiscal 2027, potentially raising concerns about near-term earnings momentum despite its Buy rating.
- Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark sold 47,046 shares for approximately $937,919 across August 24–25. CFO James E. Galeese sold 16,410 shares worth about $327,153, while EVP Thomas A. Caneris sold 11,034 shares valued at roughly $219,976. Each executive retained a meaningful stake, but the concentration of sales may weigh on investor confidence. LSI Industries CEO Insider Sale
Analyst Upgrades and Downgrades
Several research analysts recently commented on LYTS shares. Wall Street Zen downgraded shares of LSI Industries from a "buy" rating to a "hold" rating in a research note on Saturday, May 16th. Morgan Stanley set a $30.00 price target on shares of LSI Industries in a research report on Friday, August 21st. Oppenheimer decreased their price objective on shares of LSI Industries from $30.00 to $29.00 and set an "outperform" rating on the stock in a research report on Friday, August 21st. HC Wainwright reaffirmed a "buy" rating on shares of LSI Industries in a research note on Friday, August 21st. Finally, Weiss Ratings lowered shares of LSI Industries from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 18th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $29.00.
View Our Latest Stock Analysis on LSI Industries
Institutional Investors Weigh In On LSI Industries
A number of institutional investors have recently modified their holdings of LYTS. North Star Investment Management Corp. raised its position in shares of LSI Industries by 40.7% in the 1st quarter. North Star Investment Management Corp. now owns 276,463 shares of the construction company's stock worth $5,142,000 after purchasing an additional 80,000 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in LSI Industries during the 1st quarter valued at about $2,107,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in LSI Industries during the 2nd quarter valued at about $5,324,000. Globeflex Capital L P bought a new stake in LSI Industries during the 2nd quarter valued at about $5,194,000. Finally, AltraVue Capital LLC increased its stake in LSI Industries by 8.0% during the 4th quarter. AltraVue Capital LLC now owns 1,445,833 shares of the construction company's stock valued at $26,488,000 after purchasing an additional 106,693 shares in the last quarter. 73.91% of the stock is owned by hedge funds and other institutional investors.
About LSI Industries
(
Get Free Report)
LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.
In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.
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