A new trading data show LSI Industries Inc. (LYTS) is showing positive returns.

LSI Industries Inc. (NASDAQ: LYTS) stock jumped 0.18% on Wednesday to $11.01 against a previous-day closing price of $10.99. With 0.11 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.1 million shares. During the session, the Electronic Components company that operates in wider Technology sector, reached to the highest price of $11.27 whereas the lowest price it dropped to was $10.86. The 52-week range on LYTS shows that it touched its highest point at $11.14 and its lowest point at $5.41 during that stretch. It currently has a 1-year price target of $14.25. With its current market cap of 302.33 million, LYTS has annualized dividend of $0.20 while the current yield stands at 1.82%. Beta for the stock currently stands at 1.04.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LYTS was up-trending over the past week, with a rise of 5.46%, but this was up by 52.49% over a month. Three-month performance surged to 33.62% while six-month performance rose 69.65%. The stock gained 48.78% in the past year, while it has gained 60.50% so far this year. A look at the trailing 12-month EPS for LYTS yields 0.64 with Next year EPS estimates of 0.82. For the next quarter, that number is 0.15. This implies an EPS growth rate of 151.10% for this year and 4.43% for next year. EPS is expected to grow by 25.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 36.00%.

Float and Shares Shorts:

At present, 27.64 million LYTS shares are outstanding with a float of 24.33 million shares on hand for trading. On Oct 13, 2022, short shares totaled 83410.0, which was 0.31% higher than short shares on Sep 14, 2022. In addition to Mr. James A. Clark as the firm’s CEO, Pres & Director, Mr. James E. Galeese serves as its Exec. VP & CFO.

Institutional Ownership:

Through their ownership of 62.26% of LYTS’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 36.58% of LYTS, in contrast to 26.42% held by mutual funds. Shares owned by individuals account for 18.07%. As the largest shareholder in LYTS with 8.19% of the stake, Systematic Financial Management L holds 2,203,045 shares worth 2,203,045. A second-largest stockholder of LYTS, Dimensional Fund Advisors LP, holds 1,671,149 shares, controlling over 6.22% of the firm’s shares. The Vanguard Group, Inc. is the third largest shareholder in LYTS, holding 1,169,274 shares or 4.35% stake. With a 2.89% stake in LYTS, the Vanguard Total Stock Market Index is the largest stakeholder. A total of 777,330 shares are owned by the mutual fund manager. The Royce Value Trust, which owns about 2.05% of LYTS stock, is the second-largest Mutual Fund holder. It holds 551,857 shares valued at 4.24 million. Northern Lights Fund Trust II – N holds 1.56% of the stake in LYTS, owning 420,000 shares worth 3.23 million.


Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LYTS since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With LYTS analysts setting a high price target of $16.50 and a low target of $12.00, the average target price over the next 12 months is $14.25. Based on these targets, LYTS could surge 49.86% to reach the target high and rise by 8.99% to reach the target low. Reaching the average price target will result in a growth of 29.43% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. LYTS will report FY 2023 earnings on 08/17/2023. Analysts have provided yearly estimates in a range of $0.89 being high and $0.76 being low. For LYTS, this leads to a yearly average estimate of $0.82. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. LSI Industries Inc. surprised analysts by $0.11 when it reported $0.25 EPS against a consensus estimate of $0.14. The surprise factor in the prior quarter was $0.07. Based on analyst estimates, the high estimate for the next quarter is $0.18 and the low estimate is $0.18. The average estimate for the next quarter is thus $0.18.


Dividends & Yield:

In terms of dividends, LYTS has a current ratio of $0.2, which is $0.2 over the trailing 12-months, while a dividend of $0.20 is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and LYTS currently yields $1.9. In the past year, LYTS’s dividend yield has been $1.9, but when looking at the stock over the past five years, its yield has been $3.50. Accordingly, LYTS has a current buyback yield of $0.06. This was $0.06 for the TTM.

Summary of Insider Activity:

Insiders traded LYTS stock several times over the past three months with 10 Buys and 11 Sells. In these transactions, 32,209 shares were bought while 58,576 shares were sold. The number of buy transactions has increased to 125 while that of sell transactions has risen to 11 over the past year. The total number of shares bought during that period was 379,241 while 58,576 shares were sold.

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