Alert: Negative Investment/Fundamental Signals (11/10/23)-LCI Industries (NYSE: LCII)


Extremely important negative changes in investment behavior have recently occurred for LCI Industries (NYSE: LCII): its longer term price trend turned down, and negative upside/downside volume developed.

Notable negative changes in LCI Industries (NYSE: LCII) fundamentals have recently occurred. Negative developments: significant quarterly sales deceleration occurred, the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly. Positive development: significant quarterly earnings acceleration occurred.

In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, LCII is expected to continue to be a Value Builder.

LCI Industries has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. LCI Industries has a neutral Appreciation Score of 60 and a slightly positive Power Rating of 63, triggering the High Neutral Value Trend Rating.

Recent Price Action

LCI Industries (NYSE: LCII) stock rose modestly by 0.8% on 11/10/23. The stock closed at $108.93. The stock has been strong relative to the market over the last nine months but has declined -3.8% during the last week.

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