LSI INDUSTRIES INC (LYTS) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does LSI INDUSTRIES INC Do?
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. LSI INDUSTRIES INC (LYTS) is classified as a small-cap stock in the Industrials sector, specifically within the Electrical Equipment industry. The company is led by CEO James A. Clark and employs approximately 1,530 people, headquartered in CINCINNATI, Ohio. With a market capitalization of $687M, LYTS is one of the notable companies in the Industrials sector.
LSI INDUSTRIES INC (LYTS) Stock Rating — Reduce (April 2026)
As of April 2026, LSI INDUSTRIES INC receives a Reduce rating with a composite score of 45.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.LYTS ranks #2,182 out of 4,446 stocks in our coverage universe. Within the Industrials sector, LSI INDUSTRIES INC ranks #349 of 752 stocks, placing it in the upper half of its Industrials peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
LYTS Stock Price and 52-Week Range
LSI INDUSTRIES INC (LYTS) currently trades at $19.07. The stock lost $0.08 (0.4%) in the most recent trading session. The 52-week high for LYTS is $24.75, which means the stock is currently trading -22.9% from its annual peak. The 52-week low is $13.77, putting the stock 38.5% above its annual trough. Recent trading volume was 244K shares, suggesting relatively thin trading activity.
Is LYTS Overvalued or Undervalued? — Valuation Analysis
LSI INDUSTRIES INC (LYTS) carries a value factor score of 43/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 29.77x, compared to the Industrials sector average of 28.33x — a premium of 5%. The price-to-book ratio stands at 2.78x, versus the sector average of 2.23x. The price-to-sales ratio is 1.18x, compared to 0.50x for the average Industrials stock. On an enterprise value basis, LYTS trades at 20.76x EV/EBITDA, versus 5.70x for the sector.
Overall, LYTS's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
LSI INDUSTRIES INC Profitability — ROE, Margins, and Quality Score
LSI INDUSTRIES INC (LYTS) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 9.3%, compared to the Industrials sector average of 8.9%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 5.8% versus the sector average of 3.3%.
On a margin basis, LSI INDUSTRIES INC reports gross margins of 24.9%, compared to 35.8% for the sector. The operating margin is 5.9% (sector: 6.2%). Net profit margin stands at 3.9%, versus 3.9% for the average Industrials stock. Revenue growth is running at 6.5% on a trailing basis, compared to 6.4% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
LYTS Debt, Balance Sheet, and Financial Health
LSI INDUSTRIES INC has a debt-to-equity ratio of 11.0%, compared to the Industrials sector average of 70.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 2.15x, indicating strong short-term liquidity. Total debt on the balance sheet is $28M.
LYTS has a beta of 0.96, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for LSI INDUSTRIES INC is 62/100, reflecting average volatility within the normal range for its sector.
LSI INDUSTRIES INC Revenue and Earnings History — Quarterly Trend
In TTM 2026, LSI INDUSTRIES INC reported revenue of $584M and earnings per share (EPS) of $0.20. Net income for the quarter was $23M. Gross margin was 24.9%. Operating income came in at $35M.
In Q2 2026, LSI INDUSTRIES INC reported revenue of $147M and earnings per share (EPS) of $0.20. Net income for the quarter was $6M. Gross margin was 25.5%. Revenue grew -0.5% year-over-year compared to Q2 2025. Operating income came in at $9M.
In Q1 2026, LSI INDUSTRIES INC reported revenue of $157M and earnings per share (EPS) of $0.24. Net income for the quarter was $7M. Gross margin was 25.6%. Revenue grew 13.9% year-over-year compared to Q1 2025. Operating income came in at $11M.
In FY 2025, LSI INDUSTRIES INC reported revenue of $573M and earnings per share (EPS) of $0.82. Net income for the quarter was $24M. Gross margin was 24.7%. Revenue grew 22.1% year-over-year compared to FY 2024. Operating income came in at $36M.
Over the past 8 quarters, LSI INDUSTRIES INC has demonstrated a growth trajectory, with revenue expanding from $470M to $584M. Investors analyzing LYTS stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
LYTS Dividend Yield and Income Analysis
LSI INDUSTRIES INC (LYTS) currently pays a dividend yield of 0.9%. At this yield, a $10,000 investment in LYTS stock would generate approximately $$85.00 in annual dividend income.
LYTS Momentum and Technical Analysis Profile
LSI INDUSTRIES INC (LYTS) has a momentum factor score of 46/100, reflecting neutral trend characteristics. The stock is neither significantly outperforming nor underperforming the broader market on a momentum basis. The investment factor score is 31/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 27/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
LYTS vs Competitors — Industrials Sector Ranking and Peer Comparison
Within the Industrials sector, LSI INDUSTRIES INC (LYTS) ranks #349 out of 752 stocks based on the Blank Capital composite score. This places LYTS in the upper half of all Industrials stocks in our coverage universe. Key competitors and sector peers include South Bow Corp (SOBO) with a score of 56.5/100, TSAKOS ENERGY NAVIGATION LTD (TEN) with a score of 61.4/100, Great Lakes Dredge & Dock CORP (GLDD) with a score of 56.7/100, Tri Pointe Homes, Inc. (TPH) with a score of 57.3/100, and Clear Channel Outdoor Holdings, Inc. (CCO) with a score of 52.2/100.
Comparing LYTS against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full LYTS vs S&P 500 (SPY) comparison to assess how LSI INDUSTRIES INC stacks up against the broader market across all factor dimensions.
LYTS Next Earnings Date
No upcoming earnings date has been announced for LSI INDUSTRIES INC (LYTS) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy LYTS? — Investment Thesis Summary
The quantitative profile for LSI INDUSTRIES INC suggests caution. Low volatility (stability score 62/100) reduces downside risk.
In summary, LSI INDUSTRIES INC (LYTS) earns a Reduce rating with a composite score of 45.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on LYTS stock.
Related Resources for LYTS Investors
Explore more research and tools: LYTS vs S&P 500 comparison, top Industrials stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare LYTS head-to-head with peers: LYTS vs SOBO, LYTS vs TEN, LYTS vs GLDD.