Lsi Industries (LYTS) AI Stock Analysis

• Market Cap: $569.00M
• Dividend Yield: 1.09%
• Average Volume (3M): 179.22K
• Price to Earnings (P/E): 22.8
• Beta (1Y): 1.31
• Revenue Growth: 22.35%
• EPS Growth: 2.59%
• Country: US
• Employees: 2,000
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.31
• Shares Outstanding: 31,092,787
• 10 Day Avg. Volume: 203,110
• 30 Day Avg. Volume: 179,215
• PEG Ratio: -4.49
• Price to Book (P/B): 2.20
• Price to Sales (P/S): 0.89
• P/FCF Ratio: 14.68
• Enterprise Value/Market Cap: 1.41
• Enterprise Value/Revenue: 1.35
• Enterprise Value/Gross Profit: 5.40
• Enterprise Value/Ebitda: 15.96
• 1Y Price Target: $27.50
• Price Target Upside: 50.27% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 1.11
• Revenue Forecast (FY): $595.38M

• Rating: 66 Neutral
• Price Target: $20.50 ▲(12.02% Upside)

Lsi Industries' overall stock score is driven by strong financial performance and a positive earnings call, highlighting robust growth and successful integration of acquisitions. However, bearish technical indicators and moderate valuation suggest caution. The company's ability to manage cash flow and navigate supply chain challenges will be crucial for future performance.

Positive Factors

Revenue Growth

The 14% increase in Q1 sales reflects strong demand and effective market strategies, indicating robust growth potential in core segments.

Strategic Acquisitions

Successful integration of acquisitions enhances operational capabilities and market reach, supporting long-term growth and competitive positioning.

Market Positioning

Enhanced market positioning and investor engagement strengthen brand recognition and open new revenue streams beyond traditional lighting solutions.

Negative Factors

Supply Chain Challenges

Ongoing supply chain and tariff issues could pressure margins and disrupt operations, posing risks to consistent product delivery and cost management.

Cash Flow Challenges

Negative free cash flow indicates potential liquidity constraints, impacting the company's ability to invest in growth and manage financial obligations.

Year-Over-Year Comparison Challenges

Difficult year-over-year comparisons may obscure true performance trends, complicating strategic planning and investor expectations.

Lsi Industries Business Overview & Revenue Model

Company Description

LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America. It operates in two segments, Lighting and Display Solutions. The Lighting segment manufactures, markets, and sells non-residential outdoor and indoor lighting solutions. It also offers lighting control products, including sensors, photocontrols, dimmers, motion detection, and Bluetooth systems to support lighting fixtures; and designs, engineers, and manufactures electronic circuit boards, assemblies, and sub-assemblies. The Display Solutions segment manufactures, sells, and installs exterior and interior visual image and display elements, including printed and structural graphics, digital signage, menu board systems, display fixtures, refrigerated displays, and custom display elements. Its products comprise signage and canopy graphics, pump dispenser graphics, building fascia graphics, decals, interior signage and marketing graphics, aisle markers, wall mural graphics, and refrigerated and non-refrigerated merchandising displays. This segment also implements, installs, and provides program management services, such as installation management, site surveys, permitting, and content management; and manages and executes the implementation of large rollout programs. It serves petroleum/convenience, parking lot and garage, quick-service restaurant, retail and grocery store, automotive, warehouse, and sports complex markets. The company was founded in 1976 and is headquartered in Cincinnati, Ohio.

How the Company Makes Money

Lsi Industries generates revenue primarily through the sale of its lighting and graphics products. The company benefits from a diversified revenue model encompassing direct sales to end-users, distribution partnerships, and collaborations with electrical contractors and wholesalers. Key revenue streams include the sale of LED lighting systems, fixtures, and related controls, as well as graphics solutions that cater to signage needs. Additionally, Lsi Industries has established strategic partnerships with other firms in the construction and design industries, enhancing its market reach and allowing for bundled solutions that attract larger clients. The growing trend towards energy-efficient and sustainable lighting solutions further contributes to the company's earnings, as customers increasingly seek to reduce energy costs and comply with environmental regulations.

Lsi Industries Financial Statement Overview

Summary

Lsi Industries shows strong revenue growth and profitability, supported by a robust balance sheet with low leverage. However, the decline in free cash flow growth and slight increase in debt levels warrant attention. Overall, the financial health is solid, but careful monitoring of cash flow and debt management is advisable.

Income Statement

Lsi Industries has demonstrated consistent revenue growth, with a TTM revenue growth rate of 3.34%. The gross profit margin is stable at 25.05%, and the net profit margin is 4.21%, indicating solid profitability. EBIT and EBITDA margins are healthy at 6.31% and 8.48%, respectively, showing efficient operational management. However, the slight decline in gross profit margin over the years suggests potential cost pressures.

Balance Sheet

The company maintains a strong balance sheet with a low debt-to-equity ratio of 0.20, reflecting prudent financial leverage. Return on equity is reasonable at 10.96%, indicating effective use of shareholder funds. The equity ratio stands at 59.60%, showcasing a solid capital structure. However, the slight increase in debt levels over the past year could pose future risks if not managed carefully.

Cash Flow

Operating cash flow is positive, but the operating cash flow to net income ratio of 0.28 suggests room for improvement in cash generation efficiency. Free cash flow has decreased by 32.83% in the TTM, indicating potential challenges in maintaining cash reserves. The free cash flow to net income ratio of 0.86 is strong, but the decline in free cash flow growth is a concern.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	592.53M	573.38M	469.64M	496.98M	455.12M	315.61M
Gross Profit	148.41M	141.78M	133.17M	136.94M	109.21M	78.97M
EBITDA	50.25M	48.74M	45.25M	46.68M	31.17M	16.32M
Net Income	24.96M	24.38M	24.98M	25.76M	15.03M	5.87M
Balance Sheet
Total Assets	404.87M	396.36M	348.80M	296.15M	311.08M	286.82M
Cash, Cash Equivalents and Short-Term Investments	7.14M	3.46M	4.11M	1.83M	2.46M	2.28M
Total Debt	68.06M	66.64M	72.02M	45.96M	90.63M	82.28M
Total Liabilities	163.55M	165.64M	144.44M	118.57M	163.31M	155.65M
Stockholders Equity	241.33M	230.72M	204.35M	177.58M	147.77M	131.17M
Cash Flow
Free Cash Flow	23.27M	34.65M	38.00M	46.38M	-5.99M	25.78M
Operating Cash Flow	26.95M	38.12M	43.39M	49.59M	-3.86M	28.01M
Investing Cash Flow	-27.86M	-27.97M	-55.25M	-3.20M	-1.57M	-92.96M
Financing Cash Flow	543.00K	-11.43M	14.31M	-47.15M	5.63M	63.58M

Lsi Industries Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 18.30
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For LYTS, the sentiment is Negative. The current price of 18.3 is below the 20-day moving average (MA) of 19.58, below the 50-day MA of 21.64, and below the 200-day MA of 18.80, indicating a bearish trend. The MACD of -1.20 indicates Positive momentum. The RSI at 34.44 is Neutral, neither overbought nor oversold. The STOCH value of 54.67 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for LYTS.

Lsi Industries Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SANM	78 Outperform	$8.49B	34.92	10.81%	―	7.40%	13.79%
LYTS	66 Neutral	$569.00M	22.77	11.03%	1.09%	22.35%	2.59%
DAKT	64 Neutral	$924.50M	4,329.55	4.36%	―	-7.67%	7.66%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
ROG	51 Neutral	$1.48B	-22.69	-5.34%	―	-4.87%	-235.48%
MVIS	44 Neutral	$319.02M	-2.70	-112.89%	―	-67.66%	13.39%

Lsi Industries Corporate Events

LSI Industries Holds Annual Shareholders Meeting

On November 4, 2025, LSI Industries held its Annual Meeting of Shareholders where key decisions were made, including the election of seven directors and the ratification of Grant Thornton LLP as the independent public accounting firm for fiscal 2026. Additionally, shareholders participated in advisory votes on the company’s executive compensation, reflecting continued engagement in corporate governance matters.

The most recent analyst rating on (LYTS) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Lsi Industries stock, see the LYTS Stock Forecast page.

LSI Industries Reports Strong Q1 Growth Amid Challenges

LSI Industries Inc. recently held its earnings call, showcasing a strong start to the fiscal year with notable growth in its key segments. The overall sentiment was positive, highlighting successful integration of acquisitions and effective investor outreach, despite facing challenges like supply chain issues and tariff fluctuations. The company remains optimistic about its future prospects.

LSI Industries Reports Strong Q1 2026 Earnings

LSI Industries Inc., a prominent U.S.-based manufacturer of commercial lighting and display solutions, is known for its innovative products and comprehensive project management services in strategic vertical markets.

LSI Industries Reports Strong Start to Fiscal 2026

On November 6, 2025, LSI Industries reported a strong start to fiscal 2026 with a 14% increase in net sales for the first quarter, driven by demand in its Lighting and Display Solutions segments. The company achieved significant growth in net income and adjusted EBITDA, supported by strategic pricing and cost management, and declared a quarterly cash dividend. LSI’s strategic acquisitions and focus on innovation have expanded its market reach, positioning it for continued growth despite challenges in the grocery vertical and tariff impacts.

The most recent analyst rating on (LYTS) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Lsi Industries stock, see the LYTS Stock Forecast page.

LSI Industries Expands Credit Facility with PNC Bank

On November 3, 2025, LSI Industries Inc. entered into a Second Amended and Restated Loan Agreement with PNC Bank, which became effective on September 30, 2025. This agreement increases LSI’s borrowing availability under its Revolving Credit Facility from $75 million to $125 million, while terminating a $25 million term loan from the previous agreement. The facility will support LSI’s working capital and general corporate purposes, with interest based on an increment over the SOFR. The agreement also allows LSI to make certain acquisitions using cash without additional lender consent.

The most recent analyst rating on (LYTS) stock is a Buy with a $30.00 price target. To see the full list of analyst forecasts on Lsi Industries stock, see the LYTS Stock Forecast page.

LSI Industries Reports Strong Growth Amid Challenges

The latest earnings call from LSI Industries Inc. painted a picture of robust growth and strategic advancements, despite some challenges. The sentiment expressed during the call was largely positive, highlighting strong sales growth and operational efficiency, alongside significant achievements in product innovation and segment expansion. However, there were concerns regarding the impact of tariffs and project delays at EMI. Overall, the company remains optimistic, with a continued focus on strategic growth and cross-selling opportunities.

LSI Industries Reports Strong Fiscal 2025 Results

LSI Industries Inc., a prominent U.S. manufacturer specializing in commercial lighting and display solutions, has announced its financial results for the fourth quarter and full fiscal year 2025. The company operates across strategic vertical markets, providing advanced lighting, graphics, and display solutions that enhance consumer experiences.

LSI Industries Reports Record Q4 and Full-Year Sales

On August 21, 2025, LSI Industries reported its fiscal 2025 fourth quarter and full-year financial results, highlighting a 20% increase in net sales for the fourth quarter and a 22% rise for the full year, reaching a record $573.4 million. The company achieved significant growth in both its Lighting and Display Solutions segments, driven by increased demand and strategic acquisitions, including the integration of Canada’s Best Holdings. LSI’s strong financial performance, marked by improved EBITDA margins and cash flow, positions it well for continued growth in fiscal 2026, despite challenges such as market uncertainty and tariff impacts.

The most recent analyst rating on (LYTS) stock is a Buy with a $21.00 price target. To see the full list of analyst forecasts on Lsi Industries stock, see the LYTS Stock Forecast page.