In a report released today, Aaron Spychalla from Craig-Hallum maintained a Buy rating on Lsi Industries (LYTS – Research Report). The company’s shares closed last Friday at $13.75.
Spychalla covers the Industrials sector, focusing on stocks such as Bowman Consulting Group, Babcock & Wilcox Company, and Ceco Environmental. According to TipRanks, Spychalla has an average return of -3.2% and a 57.14% success rate on recommended stocks.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Lsi Industries with a $17.50 average price target.
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The company has a one-year high of $16.90 and a one-year low of $11.33. Currently, Lsi Industries has an average volume of 208.8K.
Based on the recent corporate insider activity of 47 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of LYTS in relation to earlier this year.
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Lsi Industries (LYTS) Company Description:
LSI Industries, Inc. engages in the provision a variety of lighting solutions. It operates through the following business segments: Lighting, Graphics, and Corporate and Eliminations. The Lighting segment manufactures and markets outdoor and indoor lighting for the commercial, industrial and multi-site retail markets, including the petroleum or convenience store market. The Graphics segment fabricates and sells exterior and interior visual image elements related to graphics. The Corporate and Eliminations segment includes the company’s administrative activities. The company was founded by Robert J. Ready, James P. Sferra, and Donald E. Whipple in 1976 and is headquartered in Cincinnati, OH.
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