Roth Capital Thinks Lsi Industries Inc’s Stock is Going to Recover

By Austin Angelo

Roth Capital analyst Craig Irwin reiterated a Buy rating on Lsi Industries Inc (NASDAQ: LYTS) today and set a price target of $13. The company’s shares opened today at $8.59, close to its 52-week low of $8.12.

According to TipRanks.com, Irwin is a 2-star analyst with an average return of 0.5% and a 45.5% success rate. Irwin covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Capstone Turbine Corp, and Amer Superconductor.

Lsi Industries Inc has an analyst consensus of Moderate Buy, with a price target consensus of $12.50.

The company has a one year high of $12.27 and a one year low of $8.12. Currently, Lsi Industries Inc has an average volume of 80.96K.

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LSI Industries, Inc. provides corporate visual image solutions through the combination of digital and screen graphics capabilities, a variety of indoor and outdoor lighting products, lighting control systems, and related professional services. It operates through the following business segments: Lighting, Graphics, Technology, and All Other Category. The Lighting segment manufactures and markets outdoor and indoor lighting for the commercial, industrial and multi-site retail markets, including the petroleum / convenience store market. The Graphics segment fabricates and sells exterior and interior visual image elements related to graphics. The Technology Segment designs, engineers, and manufactures electronic circuit boards, assemblies, lighting controls and large format solid state light-emitting diode (LED) video displays. The All Other Category segment offers services design, production, and support of large format video screens using LED technology, interior menu board systems primarily for the quick service restaurant market; and surveying, permitting and installation management services related to products of the Graphics segment. The company was founded by Robert J. Ready, James P. Sferra and Donald E. Whipple in 1976 and is headquartered in Cincinnati, OH.