How to Buy Lsi Industries Stock
Lsi Industries Inc
LSI Industries Inc. manufactures and sells non-residential lighting and retail display solutions in the United States, Canada, Mexico, Australia, and Latin America.
Lsi Industries stock last closed at $14.77, down 2.7% from the previous day, and has increased 19.02% in one year. It has overperformed other stocks in the Electronic Components industry by 0.02 percentage points. Lsi Industries stock is currently +29.15% from its 52-week low of $11.44, and -12.96% from its 52-week high of $16.97.
As of Apr 26, 2024, there are 29.07M shares of LYTS outstanding. The market cap of LYTS is $429.37M. In the last 24 hours, 112,429 LYTS shares were traded.
How to Buy Lsi Industries Stock
Not sure how to invest in Lsi Industries stock? Here's how.
- Figure out where to buy Lsi Industries stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Lsi Industries stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Select your payment method and add your details.
- Analyze Lsi Industries stock: The Lsi Industries ticker symbol is LYTS. Is Lsi Industries stock a good investment? Should you buy shares of LYTS? How do LYTS's underlying business fundamentals look? Do top analysts think Lsi Industries is a good buy? Why has LYTS's stock price moved recently? (Hint: Our stock research tools can help you figure out if LYTS is a good stock to buy).
- Execute your LYTS purchase: Decide if you will purchase LYTS shares at the current market price or use a limit order to purchase LYTS stock at a given price.
- Get the latest scoop on your LYTS investment: Create a watchlist to watch your investment in Lsi Industries shares.
Step 1: Figure out where to buy Lsi Industries stock
You will need an online brokerage account to access the NASDAQ market and buy LYTS shares.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, the next step is to fill out some personal info so you can invest in LYTS stock today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new brokerage account.
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Step 3: Deposit funds into your investment account
Now that you have created your account on one of the most highly reviewed stock apps, you need to deposit funds:
Watch the walkthrough below to see the process of depositing money into your new brokerage account.
Step 4: Analyze Lsi Industries stock
After you have selected the best place to buy Lsi Industries stock, it's absolutely critical to research their stock before you buy, so you truly wrap your head around the risk as well as the upside.
Lsi Industries shares at a glance
LYTS Fundamentals
WallStreetZen was designed to help part-time investors do better fundamental analysis.
You can see all of the due diligence checks on LYTS's stock page.
Is LYTS stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge LYTS's fair value.
Using relative valuations methods:
- LYTS may be undervalued based on its P/E ratio of 15.71x, relative to Electronic Components industry P/E ratio of 25.95x
- LYTS may be undervalued based on its P/B ratio of 2.23x, relative to Electronic Components industry P/B ratio of 3.53x
- LYTS could be overvalued based on its PEG ratio of 3.28x
You can access additional valuation research on LYTS's stock here.
LYTS Financial Overview
Signs that LYTS is financially healthy:
- LYTS profit margin has gone up from 4.4% to 5.7% in the past year.
- LYTS's operating cash flow of $49.39M allows it to safely service it's debt of $29.17M.
- Total LYTS debt is lower than 5 years ago, relative to shareholder equity.
- There are more short-term assets than long-term liabilities on the LYTS balance sheet.
- There are more short-term assets than short-term liabilities on the LYTS balance sheet.
- LYTS earnings of $36.89M is not enough to cover its interest payments.
Signs that LYTS is not financially healthy:
- LYTS has a relatively high debt to equity ratio of 0.49.
Is it a good time to buy Lsi Industries stock, according to analysts?
Out of 2 sell side analysts who monitor LYTS, the consensus analyst rating on Lsi Industries is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are projecting on the Lsi Industries stock forecast page.
LYTS Trading Indicators
Is LYTS Growing Revenue?
Last year, LYTS earnings were $27.02M. Over the past four year, LYTS's earnings have gone up by 58.22% per year. This was faster than the Electronic Components industry average of 13.96%.
Last year, LYTS revenue was $473.55M. Over the past 5 year, LYTS's revenue has gone up by 7.06% per year. This was faster than the Electronic Components industry average of 6.35%.
Dig into LYTS's earnings and revenue performance here.
Latest Insiders Trades at LYTS
In the last year, executives and large shareholders at LYTS have sold more shares than they have bought.
Robert P. Beech, Director of LYTS, was the latest LYTS insider to buy. They bought $18,756.80 worth of LYTS shares on Apr 2, 2024.
Get more info about who owns LYTS stock here.
Does LYTS provide a stable income stream?
Lsi Industries pays a dividend of 1.35%, compared to the Electronic Components industry's average dividend yield of 2.03%. If you owned $1,000 worth of LYTS stock, you would have been paid $13.54 in the past year.
Lsi Industries dividend payments have not consistently grown over the past decade and have not remained stable.
Get more data about Lsi Industries dividend yield and history here.
LYTS Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your LYTS purchase
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are usually the easiest way to buy. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and your broker will execute the order.
If you need more help with investing in stocks on eToro, click the how to video below:
Step 6: Get the latest scoop on your LYTS investment
Now that you own some LYTS shares, you'll want to keep up with your new stock purchase.
Start a watchlist to get notified of important updates regarding your LYTS stock.
LYTS Feed
How to Buy Stock in Lsi Industries
To reiterate, here are the 6 steps to buy Lsi Industries stock:
- Figure out where to buy Lsi Industries stock
- Sign up for a brokerage account
- Deposit funds into your investment account
- Analyze Lsi Industries stock
- Execute your LYTS purchase
- Get the latest scoop on your LYTS investment
If you are looking for a online brokerage, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your investment in Lsi Industries, add LYTS to your watchlist below.
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