Why the growth investor may take a look at LSI INDUSTRIES INC (NASDAQ:LYTS).

In this article we will dive into LSI INDUSTRIES INC (NASDAQ:LYTS) as a possible candidate for growth investing. Investors should always do their own research, but we noticed LSI INDUSTRIES INC showing up in our CANSLIM growth screen, which makes it worth to investigate a bit more.

Why LYTS may be interesting for canslim investors.

• The earnings per share (EPS) of LYTS have shown positive growth on a quarter-to-quarter (Q2Q) basis, with a 23.81% increase. This reflects the company's ability to improve its profitability over time.
• LYTS has achieved 35.53% growth in its revenue over the previous quarter, signaling positive momentum in its financial performance and potential market opportunities.
• LYTS has experienced 38.19% growth in EPS over a 3-year period, demonstrating its ability to generate sustained and positive earnings momentum.
• With a solid Return on Equity (ROE) of 10.76%, LYTS exemplifies its ability to generate favorable returns on shareholder investments. This metric demonstrates the company's commitment to maximizing shareholder value.
• LYTS has exhibited strong Relative Strength(RS) in recent periods, with a current 80.21 rating. This indicates the stock's ability to outperform the broader market and reflects its competitive position.
• LYTS's Debt/Equity ratio of 0.16 suggests a healthy balance between debt financing and shareholder equity.
• The ownership composition of LYTS reflects a balanced investor ecosystem, with institutional shareholders owning 75.11%. This indicates a broader market participation and potential for increased trading liquidity.

Zooming in on the technicals.

Every day ChartMill assigns a Technical Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 2 out of 10 to LYTS. Although LYTS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

• LYTS is part of the Electrical Equipment industry. There are 92 other stocks in this industry. LYTS outperforms 80% of them.
• When comparing the yearly performance of all stocks, we notice that LYTS is one of the better performing stocks in the market, outperforming 80% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
• LYTS is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

Check the latest full technical report of LYTS for a complete technical analysis.

Zooming in on the fundamentals.

Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.

LYTS gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 92 industry peers in the Electrical Equipment industry. While LYTS has a great profitability rating, there are some minor concerns on its financial health. LYTS has a decent growth rate and is not valued too expensively.

Our latest full fundamental report of LYTS contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.