LSI Industries Inc. (LYTS) AI Stock Analysis

LSI Industries Inc. manufactures and distributes non-residential lighting solutions and retail display products across North America, Latin America, Australia, and other regions. The company operates through two segments: Lighting and Display Solutions. Its Lighting segment produces outdoor and indoor lighting fixtures for commercial and industrial applications, as well as lighting controls and electronic circuit boards. The Display Solutions segment creates and installs visual image and display elements, including graphics, digital signage, menu boards, and custom display fixtures. It serves industries such as refueling and convenience stores, quick-service restaurants, retail outlets, automotive facilities, and sports venues.

Between FY2021 and FY2026, LSI Industries delivered a 5-year revenue CAGR of 16.9%. Annual revenue grew from $455.1M in FY2022 to $497.0M in FY2023, declined 5.5% to $469.6M in FY2024, and then expanded to $573.4M in FY2025 and $689.4M in FY2026. Gross margin was 25.1% in FY2026, compared to 28.4% in FY2024. Operating margin stood at 5.6% in FY2026, down from 7.6% in FY2024, while net income was $22.6M with EPS of $1.03. In the latest quarter ended June 30, 2026, quarterly revenue grew 51.3% year-over-year, while quarterly earnings fell 28.2%.

As of June 30, 2026, LSI Industries held $14.2M in cash and short-term investments against total debt of $306.7M, resulting in net debt of $292.5M. Total assets stood at $829.9M and shareholders' equity was $360.7M, yielding a debt-to-equity ratio of 0.85 and a current ratio of 1.97. In FY2026, operating cash flow reached $44.1M and free cash flow was $39.0M. The company directed $5.1M to capital expenditures and paid $6.5M in dividends during the year.

At a last close of $19.72 on October 16, 2026, LSI Industries has a market cap of $735.6M and an enterprise value of $1.05B. The stock trades at a trailing P/E of 29.4x, slightly above the 28.1x median of its US-listed Technology peers. Its forward P/E of 19.2x compares to the peer median of 18.8x, while its price-to-sales of 1.1x sits below the peer median of 2.8x. Over the past year, LYTS returned -11.0% against a 16.8% gain for the S&P 500, but over five years its 169.4% return exceeded the S&P 500 return of 83.0%.

LSI Industries pays a quarterly dividend with an annual forward dividend of $0.20, representing a dividend yield of 1.01%. The company has paid dividends for 39 consecutive years, operating with a payout ratio of 19.4%. Its annualized 5-year dividend growth rate is 0.0%, and its last ex-dividend date was August 31, 2026.

Wall Street coverage consists of 3 Strong Buy ratings, with 0 Buy, 0 Hold, 0 Sell, and 0 Strong Sell recommendations. The mean price target is $30.00, representing an upside of 52.1% from the last close of $19.72. For the fiscal year ending June 30, 2027, consensus estimates project revenue of $885.1M and EPS of $1.34, representing 7.6% EPS growth. The company beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 5, 2026.

This page is an AI-written research summary of LSI Industries Inc. (LYTS). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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