Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate LCI Industries before investing.

In this article, we go over a few key elements for understanding LCI Industries’s stock price such as:

• LCI Industries’s current stock price and volume
• Why LCI Industries’s stock price changed recently
• Upgrades and downgrades for LCII from analysts
• LCII’s stock price momentum as measured by its relative strength

About LCI Industries (LCII)

Before we jump into LCI Industries’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

LCI Industries is primarily engaged in supplying, domestically and internationally a range of engineered components for the original equipment manufacturer in the recreation and transportation product markets, consisting primarily of recreational vehicles and adjacent industries. The Company's segments include the original equipment manufacturers and the aftermarket. Its products include steel chassis and related components; axles and suspension solutions; slide-out mechanisms and solutions; thermoformed bath, kitchen and other products; vinyl, aluminum, and frameless windows; manual, electric and hydraulic stabilizer and leveling systems; entry, luggage, patio, and ramp doors; furniture and mattresses; electric and manual entry steps; awnings and awning accessories; towing products; truck accessories; electronic components; appliances; air conditioners; televisions and sound systems, and other accessories. The Company operates over 130 manufacturing and distribution facilities.

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LCI Industries’s Stock Price as of Market Close

As of March 06, 2024, 4:00 PM, CST, LCI Industries’s stock price was $116.01.

LCI Industries is down 7.37% from its previous closing price of $125.24.

During the last market session, LCI Industries’s stock traded between $124.52 and $126.56. Currently, there are 25.34 million shares of LCI Industries stock available for purchase.

LCI Industries’s price-earnings (P/E) ratio is currently at 49.7, which is high compared to the Auto, Truck & Motorcycle Parts industry median of 15.8. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

LCI Industries Stock Price History

LCI Industries’s (LCII) price is currently down 7.91% so far this month.

During the month of March, LCI Industries’s stock price has reached a high of $126.95 and a low of $115.41.

Over the last year, LCI Industries has hit prices as high as $137.07 and as low as $100.25. Year to date, LCI Industries’s stock is up 25.48%.

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What Caused LCI Industries Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 05, 2024, there were 6 analysts who downgraded LCI Industries’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate LCI Industries’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on LCI Industries’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

LCI Industries’s current valuation based on AAII’s Value Grade is a C, which means it is considered to be Average.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about LCI Industries (LCII) by visiting AAII Stock Evaluator.

Relative Price Strength of LCI Industries

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 05, 2024, LCI Industries has a weighted four-quarter relative price strength of -2.89%, which translates to a Momentum Score of 63 and is considered to be Strong.

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LCI Industries Stock Price: Bottom Line

As of March 6, 2024, LCI Industries’s stock price is $116.01, which is down 7.37% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like LCI Industries stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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