With 0.12 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.11 million shares. During the session, the Electronic Components company that operates in wider Technology sector, reached to the highest price of $19.21 whereas the lowest price it dropped to was $18.61. The 52-week range on LYTS shows that it touched its highest point at $21.19 and its lowest point at $13.32 during that stretch. It currently has a 1-year price target of $22.67. With its current market cap of 566.63 million, LYTS has annualized dividend of $0.20 while the current yield stands at 1.05%. Beta for the stock currently stands at 0.93.
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 down-trending over the past week, with a drop of -2.21%, but this was down by -5.57% over a month. Three-month performance surged to 16.08% while six-month performance rose 34.68%. The stock gained 37.51% in the past year, while it has lost -2.21% so far this year. A look at the trailing 12-month EPS for LYTS yields 0.78 with Next year EPS estimates of 1.31. For the next quarter, that number is 0.20. This implies an EPS growth rate of -0.35% for this year and 38.38% for next year.
Float and Shares Shorts:
At present, 29.80 million LYTS shares are outstanding with a float of 26.02 million shares on hand for trading. On 2024-12-13, short shares totaled 0.43 million, which was 143.0 higher than short shares on 1731628800. In addition to Mr. James A. Clark as the firm’s CEO, President & Director, Mr. James E. Galeese serves as its Executive VP, CFO & Chief Accounting Officer.
Institutional Ownership:
Through their ownership of 0.73767996 of LYTS’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, LYTS reported revenue of $138095000.0 and operating income of $9131000.0. The EBITDA in the recently reported quarter was $12132000.0 and diluted EPS was $0.22.
Analysts Ratings:
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 26.0 and a low target of 20.0, the average target price over the next 12 months is 22.66667. Based on these targets, LYTS could surge 36.91% to reach the target high and rise by 5.32% to reach the target low. Reaching the average price target will result in a growth of 19.36% 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. Analysts have provided yearly estimates in a range of $0.90914 being high and $0.89021 being low. For LYTS, this leads to a yearly average estimate of $0.89667.
