LSI Industries Inc. (NASDAQ:LYTS – Get Free Report) EVP Thomas Caneris sold 5,560 shares of LSI Industries stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $20.09, for a total transaction of $111,700.40. Following the completion of the transaction, the executive vice president directly owned 76,279 shares in the company, valued at $1,532,445.11. This trade represents a 6.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
LSI Industries Stock Down 1.8%
Shares of LYTS opened at $20.27 on Thursday. The firm has a 50 day simple moving average of $24.29 and a two-hundred day simple moving average of $22.65. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.48 and a quick ratio of 0.86. LSI Industries Inc. has a one year low of $17.20 and a one year high of $27.36. The company has a market cap of $744.11 million, a P/E ratio of 30.25 and a beta of 0.56.
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, beating analysts’ consensus estimates of $0.35 by $0.03. LSI Industries had a return on equity of 8.04% and a net margin of 3.28%.The firm had revenue of $234.62 million for the quarter, compared to the consensus estimate of $222.78 million. Research analysts forecast that LSI Industries Inc. will post 1.13 EPS for the current fiscal year.
LSI Industries Dividend Announcement
Institutional Investors Weigh In On LSI Industries
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Bailard Inc. increased its position in shares of LSI Industries by 3.4% during the fourth quarter. Bailard Inc. now owns 15,300 shares of the construction company’s stock valued at $280,000 after acquiring an additional 500 shares during the last quarter. Quantinno Capital Management LP increased its stake in shares of LSI Industries by 1.2% during the 1st quarter. Quantinno Capital Management LP now owns 46,120 shares of the construction company’s stock worth $858,000 after purchasing an additional 536 shares during the last quarter. New York State Teachers Retirement System increased its stake in shares of LSI Industries by 28.5% during the 1st quarter. New York State Teachers Retirement System now owns 2,495 shares of the construction company’s stock worth $46,000 after purchasing an additional 554 shares during the last quarter. Rockefeller Capital Management L.P. raised its holdings in shares of LSI Industries by 57.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company’s stock worth $31,000 after purchasing an additional 625 shares during the period. Finally, Osaic Holdings Inc. raised its holdings in shares of LSI Industries by 11.8% in the 2nd quarter. Osaic Holdings Inc. now owns 6,007 shares of the construction company’s stock worth $102,000 after purchasing an additional 635 shares during the period. Hedge funds and other institutional investors own 73.91% of the company’s stock.
More LSI Industries News
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
Wall Street Analyst Weigh In
A number of equities research analysts recently weighed in on LYTS shares. HC Wainwright restated a “buy” rating on shares of LSI Industries in a research report on Friday, August 21st. Morgan Stanley set a $30.00 price objective on shares of LSI Industries in a research report on Friday, August 21st. Weiss Ratings cut LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 18th. Oppenheimer decreased their price target on shares of LSI Industries from $30.00 to $29.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. Finally, Wall Street Zen downgraded LSI Industries from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $29.00.
View Our Latest Report on LSI Industries
LSI Industries Company Profile
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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