LYTS Stock Analysis: LSI Industries | NASDAQ

Lighting Fixtures, Photocontrols, Digital Signage, Merchandising Displays

Total Rating 33

Safety 81

Buy Signal -0.92

Electronic Components
Industry Rotation: +15.9

Market Cap: 777M
Avg Turnover: 7.53M

Risk 3d forecast

Volatility39.6%

VaR 5^th Pctl5.79%

VaR vs Median-9.31%

Reward TTM

Sharpe Ratio-0.08

Rel. Str. IBD27.7

Rel. Str. Peer Group33

Character TTM

Beta1.152

Beta Downside1.015

Hurst Exponent0.648

Drawdowns 3y

Max DD40.60%

CAGR/Max DD0.22

CAGR/Mean DD0.58

EPS (Earnings per Share)

EPS CAGR: 4.88%
EPS Trend: 56.9%

Last SUE: -3.16
Qual. Beats: -1

Revenue

Rev. CAGR: 14.24%
Rev. Trend: 93.6%

Last SUE: 2.01
Qual. Beats: 5

Warnings

Below Avwap Earnings

Below Sma 200d

Tailwinds

No distinct edge detected

Seasonality 11.7 years of data

Jan +8.0% 37

Feb -3.6% 19

Mar -7.0% 22

Apr -3.6% 8

May -1.5% 17

Jun -1.6% 16

Jul -1.4% 15

Aug +10.7% 21

Sep +0.8% 0

Oct -2.9% 41

Nov +3.3% 34

Dec +0.4% 13

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: LYTS LSI Industries

LSI Industries Inc. (LYTS) is a U.S.-based manufacturer and marketer of non-residential lighting fixtures and retail display solutions, operating through two segments: Lighting and Display Solutions. Its lighting offerings include indoor and outdoor fixtures along with controls such as sensors, photocontrols, dimming, motion detection, and circuit controllers. Its display offerings span printed and structural graphics, digital signage, digital menu boards, refrigerated displays, signage and canopy elements, pump dispenser graphics, merchandising displays, and cabinetry, supported by project management services like installation management, site surveys, permitting, and content management.

The company serves a diverse set of vertical markets, including refueling and convenience stores, parking lots and garages, quick-service restaurants, retail, grocery and pharmacy, automotive dealerships, sports courts and fields, and warehouses. Founded in 1976 and headquartered in Cincinnati, Ohio, LSI operates within the GICS Electrical Components & Equipment sub-industry, and its business model combines manufactured hardware with recurring service and content work tied to multi-site retail and commercial customers.

Headlines to Watch Out For

C-store and fuel canopy orders drive Lighting segment revenue
Steel and aluminum input costs pressure gross margins
LED retrofit demand lifted by energy efficiency regulations

Piotroski VR-10 (Strict) 3.5

Net Income: 18.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.05 > 0.02 and ΔFCF/TA -4.04 > 1.0
NWC/Revenue: 21.07% < 20% (prev 16.89%; Δ 4.18% < -1%)
CFO/TA 0.05 > 3% & CFO 44.1m > Net Income 18.3m
Net Debt (343.3m) to EBITDA (39.5m): 8.68 < 3
Current Ratio: 1.97 > 1.5 & < 3
Outstanding Shares: last quarter (33.7m) vs 12m ago 8.84% < -2%
Gross Margin: 25.15% > 18% (prev 24.73%; Δ 0.42% > 0.5%)
Asset Turnover: 113.0% > 50% (prev 144.7%; Δ -31.64% > 0%)
Interest Coverage Ratio: 6.75 > 6 (EBIT TTM 39.4m / Interest Expense TTM 5.83m)

Altman Z'' 2.72

A: 0.18 (Total Current Assets 295.9m - Total Current Liabilities 149.9m) / Total Assets 829.9m
B: 0.10 (Retained Earnings 82.3m / Total Assets 829.9m)
C: 0.06 (EBIT TTM 39.4m / Avg Total Assets 613.1m)
D: 0.77 (Book Value of Equity 360.7m / Total Liabilities 469.2m)
Altman-Z'' = 2.72 = A

Beneish M -2.49

DSRI: 1.25 (Receivables 157.6m/104.3m, Revenue 692.9m/573.4m)
GMI: 0.98 (GM 24.73% / 25.15%)
AQI: 1.33 (AQ_t 0.58 / AQ_t-1 0.43)
SGI: 1.21 (Revenue 692.9m / 573.4m)
TATA: -0.03 (NI 18.3m - CFO 44.1m) / TA 829.9m)
Beneish M = -2.49 (Cap -4..+1) = BBB

What is the price of LYTS shares?

As of October 09, 2026, the stock is trading at USD 20.44 with a total of 403,750 shares traded. Over the past week, the price has changed by -2.39%, over one month by +4.45%, over three months by -17.40% and over the past year by -6.66%.

Current recommended Stop Loss: 19.60 (which is 4.1% or 1.3 ATR below the current price).

Is LYTS a buy, sell or hold?

LSI Industries has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy LYTS.

StrongBuy: 3
Buy: 0
Hold: 0
Sell: 0
StrongSell: 0

What are the forecasts/targets for the LYTS price?

Analysts Target Price	30	46.8%

LSI Industries (LYTS) - Fundamental Data Overview as of 07 October 2026

Market Cap USD = 776.5m (776.5m USD * 1.0 USD.USD)
P/E Trailing = 31.1045
P/E Forward = 19.1939
P/S = 1.1264
P/B = 2.091
P/EG = 0.4012
Revenue TTM = 692.9m USD
EBIT TTM = 39.4m USD
EBITDA TTM = 39.5m USD
Long Term Debt = 245.9m USD (from longTermDebt, last quarter)
Short Term Debt = 22.3m USD (from shortTermDebt, last quarter)
Debt = 357.5m USD (from shortLongTermDebtTotal, last quarter) + Leases 50.8m
Net Debt = 343.3m USD (calculated: Debt 357.5m - CCE 14.2m)
Enterprise Value = 1.12b USD (776.5m + Debt 357.5m - CCE 14.2m)
Interest Coverage Ratio = 6.75 (Ebit TTM 39.4m / Interest Expense TTM 5.83m)
EV/FCF = 28.71x (Enterprise Value 1.12b / FCF TTM 39.0m)
FCF Yield = 3.48% (FCF TTM 39.0m / Enterprise Value 1.12b)
FCF Margin = 5.63% (FCF TTM 39.0m / Revenue TTM 692.9m)
Net Margin = 2.64% (Net Income TTM 18.3m / Revenue TTM 692.9m)
Gross Margin = 25.15% ((Revenue TTM 692.9m - Cost of Revenue TTM 518.7m) / Revenue TTM)
Gross Margin QoQ = 25.70% (prev 24.48%)
Tobins Q-Ratio = 1.35 (Enterprise Value 1.12b / Total Assets 829.9m)
Interest Expense / Debt = 1.63% (Interest Expense 5.83m / Debt 357.5m)
Taxrate = 30.70% (8.12m / 26.4m)
NOPAT = 27.3m (EBIT 39.4m * (1 - 30.70%))
Current Ratio = 1.97 (Total Current Assets 295.9m / Total Current Liabilities 149.9m)
Debt / Equity = 0.99 (Debt 357.5m / totalStockholderEquity, last quarter 360.7m)
Debt / EBITDA = 8.68 (Net Debt 343.3m / EBITDA 39.5m)
Debt / FCF = 8.80 (Net Debt 343.3m / FCF TTM 39.0m)
Total Stockholder Equity = 326.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 2.99% (Net Income 18.3m / Total Assets 829.9m)
RoE = 5.60% (Net Income TTM 18.3m / Total Stockholder Equity 326.9m)
RoCE = 6.87% (EBIT 39.4m / Capital Employed (Equity 326.9m + L.T.Debt 245.9m))
RoIC = 3.97% (NOPAT 27.3m / Invested Capital 688.0m)
WACC = 7.23% (E(776.5m)/V(1.13b) * Re(10.04%) + D(357.5m)/V(1.13b) * Rd(1.63%) * (1-Tc(0.31)))
Discount Rate = 10.04% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 93.74 | Cagr: 5.12%
[DCF] Terminal Value 77.59% ; FCFF base≈37.3m ; Y1≈41.8m ; Y5≈58.4m
[DCF] Fair Price = 14.47 (EV 882.6m - Net Debt 343.3m = Equity 539.3m / Shares 37.3m; r=8.35% [WACC [floored]]; 5y FCF grow 12.56% → 2.50% )
EPS Correlation: 56.90 | EPS CAGR: 4.88% | SUE: -3.16 | # QB: -1
Revenue Correlation: 93.58 | Revenue CAGR: 14.24% | SUE: 2.01 | # QB: 5
EPS current Quarter (2026-09-30): EPS=0.32 | Chg30d=-8.70% | Revisions=-40% | Analysts=2
EPS next Quarter (2026-12-31): EPS=0.29 | Chg30d=-9.38% | Revisions=-40% | Analysts=2
EPS current Year (2027-06-30): EPS=1.34 | Chg30d=-3.58% | Revisions=-40% | GrowthEPS=+7.6% | GrowthRev=+28.4%
EPS next Year (2028-06-30): EPS=1.74 | Chg30d=+0.58% | Revisions=+0% | GrowthEPS=+29.4% | GrowthRev=+7.6%
[Analyst] Revisions Ratio: -55% (up=1, down=7)