In a report released today, Brandon Rolle from D.A. Davidson maintained a Sell rating on LCI Industries (LCII – Research Report). The company’s shares opened today at $110.40.
Rolle covers the Industrials sector, focusing on stocks such as Brunswick, Harley-Davidson, and LCI Industries. According to TipRanks, Rolle has an average return of -8.3% and a 36.11% success rate on recommended stocks.
Currently, the analyst consensus on LCI Industries is a Hold with an average price target of $115.40.
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Based on LCI Industries’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $959.32 million and a net profit of $25.89 million. In comparison, last year the company earned a revenue of $1.13 billion and had a net profit of $61.39 million
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LCI Industries (LCII) Company Description:
LCI Industries, Inc. engages in the manufacture, supply, and distribution of components for the original equipment manufacturers (OEM) of recreational vehicles and manufactured homes. It operates through the OEM and Aftermarket segments. The OEM segment offers components for buses; trailers used to haul boats, livestock, equipment and other cargo; trucks; pontoon boats; trains; manufactured homes; and modular housing. The Aftermarket segment includes trainings, product delivery, marketing, and technical support to customers; and sale of replacement glass and awnings to fulfill insurance claims. The company was founded on March 20, 1984 and is headquartered in Elkhart, IN.
Read More on LCII:
- LCI Industries narrows RV shipment outlook for FY23 to 295K-305K from 290K-310K
- LCI Industries price target lowered to $125 from $130 at Truist
- LCI Industries price target lowered to $125 from $130 at Baird
- LCI Industries reports Q3 EPS $1.02, consensus $1.51
- LCII Earnings Report this Week: Is It a Buy, Ahead of Earnings?
