LSI Industries (NASDAQ:LYTS) Stock Rating Reaffirmed as “Buy” by HC Wainwright

Posted by Brenda Bartman on Oct 2nd, 2026

LSI Industries (NASDAQ:LYTS – Get Free Report)‘s stock had its “buy” rating restated by investment analysts at HC Wainwright in a research note issued to investors on Friday, Benzinga reports. They currently have a $30.00 price objective on the construction company’s stock. HC Wainwright’s target price points to a potential upside of 40.32% from the company’s previous close.

A number of other equities analysts have also weighed in on the company. Wall Street Zen raised LSI Industries from a “hold” rating to a “buy” rating in a research report on Saturday, September 26th. Morgan Stanley set a $30.00 price target on LSI Industries in a research report on Friday, August 21st. Weiss Ratings lowered LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, September 22nd. Finally, Oppenheimer lowered their price target on LSI Industries from $30.00 to $29.00 and set an “outperform” rating for the company in a research report on Friday, August 21st. Three research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $29.00.

View Our Latest Report on LSI Industries

LSI Industries Stock Up 2.1%

Shares of NASDAQ:LYTS traded up $0.44 during trading on Friday, reaching $21.38. 45,590 shares of the stock were exchanged, compared to its average volume of 357,059. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.97 and a quick ratio of 1.22. LSI Industries has a 1-year low of $17.20 and a 1-year high of $27.36. The stock has a fifty day moving average of $21.76 and a two-hundred day moving average of $22.45. The firm has a market cap of $796.62 million, a price-to-earnings ratio of 32.00 and a beta of 0.48.

LSI Industries (NASDAQ:LYTS – Get Free Report) last issued its earnings results on Thursday, August 20th. The construction company reported $0.38 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. LSI Industries had a return on equity of 7.51% and a net margin of 3.28%.The company had revenue of $234.62 million for the quarter, compared to analyst estimates of $222.78 million. Research analysts anticipate that LSI Industries will post 0.82 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO James Galeese sold 4,778 shares of the stock in a transaction on Wednesday, August 26th. The stock was sold at an average price of $20.28, for a total value of $96,897.84. Following the completion of the sale, the chief financial officer directly owned 185,962 shares of the company’s stock, valued at approximately $3,771,309.36. This represents a 2.50% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Thomas Caneris sold 3,170 shares of the stock in a transaction on Wednesday, August 26th. The shares were sold at an average price of $20.28, for a total value of $64,287.60. Following the completion of the sale, the executive vice president directly owned 73,109 shares of the company’s stock, valued at $1,482,650.52. The trade was a 4.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 96,345 shares of company stock valued at $1,928,267. 7.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On LSI Industries

Several large investors have recently made changes to their positions in the business. BlackRock Inc. purchased a new stake in shares of LSI Industries during the 2nd quarter valued at $72,118,000. Dimensional Fund Advisors LP increased its position in shares of LSI Industries by 0.5% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,464,122 shares of the construction company’s stock valued at $27,232,000 after purchasing an additional 6,783 shares during the last quarter. AltraVue Capital LLC increased its position in shares of 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 during the last quarter. Wellington Management Group LLP increased its position in shares of LSI Industries by 5.4% during the 2nd quarter. Wellington Management Group LLP now owns 1,372,841 shares of the construction company’s stock valued at $36,490,000 after purchasing an additional 70,033 shares during the last quarter. Finally, WealthTrust Axiom LLC increased its position in shares of LSI Industries by 2.1% during the 4th quarter. WealthTrust Axiom LLC now owns 575,515 shares of the construction company’s stock valued at $10,543,000 after purchasing an additional 11,706 shares during 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 designer and manufacturer of commercial lighting, digital displays, and related visual communication solutions. The company serves businesses and organizations that need integrated lighting, signage, and brand presentation systems for indoor and outdoor environments.

LSI’s lighting products include LED fixtures, lighting controls, and specialized systems for applications such as retail stores, commercial and industrial facilities, sports venues, educational institutions, and outdoor spaces.