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LCI Industries (LCII)
NYSEConsumer DiscretionaryRecreational VehiclesSnapshot 2026-06-15
Intact
$92.47-0.63%
Close 2026-06-15 · 1-day change
Recent financial performance is holding in the top half of its industry — the reason to own it looks intact.
The bottom line
Recent financial performance is strong, but earnings quality and management's track record are neutral. Risk is moderate, and the sector backdrop presents a headwind, while the company's earnings yield is above typical for the sector, indicating it looks cheap. Peer multiples imply a price about 20% above where it trades (it looks cheap on this basis); the read is fair. The outlook hinges on whether LCII can maintain its earnings momentum and how sector bellwethers perform. This read is provisional.
as of 2026-06-15
Quick facts
- Exchange
- NYSE
- Sector
- Consumer Discretionary
- Industry
- Recreational Vehicles
- Market cap
- $2.26B
- Employees
- 12,300
- IPO date
- 1995-05-12
- Next earnings
- —
Price
Daily closes. Earnings/event dots are placed inline.
Adjusted daily closes (split & dividend). Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event
What's priced in
(what the market already expects)What it's worth (estimated)
A consensus fair price across 7 valuation methods, at three horizons. Current price $92.47. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
12-month· primaryfair
$116.33consensus
Range $110.81 – $121.49
vs price: -21% below
Method agreement — · 7 methods
No-growth: today's peer multiple on trailing earnings. The headline read.
3-yearinexpensive
$190.22consensus
Range $160.30 – $200.27
vs price: -51% below
Method agreement — · 5 methods
Embeds projected growth. Leans optimistic by design. Upside context.
5-yearinexpensive
How much to trust our fair value
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
Cheap vs peersmedium confidence
At $92 LCII trades at 12× p/e, below its 15× p/e peer median. Our $116 fair value sits above the price; medium confidence. Analysts: $135–$164. Not investment advice.
Multiple (P/E)
12.2x
peer 14.5x · own history 15.3x
Premium
0.8x peer
0.8x its own history
Growth the price needs
-21%
our forecast 1%
Our fair value
$116.33
range $113.27 – $120.04
Analyst range(a guide on our number, not a target)Our number is below the analyst range
How this stock is priced
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Long-term · 1–3 yr
fairfair12-month view
What's priced inJustified
The price implies about 21% below a flat-multiple fair value, below our forecast of about 1%. This describes what's priced in, not a forecast of the move.
Low fragilityrisk posture, not a price call
Only weak execution quality — not the full expensive x weak x turbulent stack.
Historical context
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
How strong is the business
(quality & execution)Factor signals
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Recent financial performance
strongOperating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Consumer Discretionary names rated strong grew net income 70% of the time over the next year (vs 53% for the rest of the cohort, n=2844).
74th pctl · Consumer Discretionary
Earnings quality
neutralOver the trailing year it converted 1.26x of net income into operating cash flow. Historically, Consumer Discretionary names rated neutral grew net income 52% of the time over the next year (vs 55% for the rest of the cohort, n=3229).
31st pctl · Consumer Discretionary
Macro sensitivity
Most sensitive to the broad stock market.
- the broad stock market: This stock moves with the broad market (high beta).
Not enough signal to read sensitivity to the US dollar, real (inflation-adjusted) rates, long-term interest rates, Fed net liquidity.
Management & capital allocation
neutralEarnings setup & market context
The next print and the backdrop around it (sector regime and the AI cycle). Context for the path, not a forecast of returns.
Earnings setup · pre-print positioning
forward-looking
Bearish10 analysts, 45% Buyfor period ending 2026-06-30
Why this setup
Consensus revisions
EPS estimate $2.76 → $2.74 (-0.8% / 30d). 3 raised, 6 cut, 10 covering analysts.
Rating actions
0 upgrades, 0 downgrades / 30d. 45% of analysts rate Buy.
Material events
0 positive, 0 negative / 30d.
Sector context
Intermediate · WeeklySector phase: consumer discretionary is in declining, with may be transitioning (~0.2 years in phase).
Sector regime (90d momentum): headwind.Management scorecard
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Long-term · 1–3 yr
Overall: strong
- Capital allocation
- strong
- Earnings discipline
- strong
- Margin discipline
- strong
- Balance sheet
- neutral
- Post-call reaction
- neutral
A guidance track record builds as the company issues and delivers on guidance.
How bumpy is the path
(risk while you hold it)Risk: how this stock moves
What a normal day, a bad day, and the worst of the last year would mean for a $10,000 position.
Intermediate · WeeklyLong-term · 1–3 yr
On a typical day, $10k can swing ±$124.
How much price usually moves either way.
On a bad day, this stock has moved -$292.
A rough but not unusual down day (about the 95th percentile).
In the worst 12 months, $10k could have lost $4,173.
Deepest peak-to-trough drop in the last year.
moderateas of 2026-06-15
Past results, not a forecast. Not investment advice.
What would change the read
(catalysts & re-read triggers)What changed
The most important moves since the prior daily snapshot.
Short-term · Daily
- No material changes since the prior snapshot.
No material changes since the prior snapshot.
as of 2026-06-15
What to watch next
Specific, dated things to watch for, each with what would confirm it and what would prove it wrong.
Long-term · 1–3 yr
- UpsideHigh confidenceQuartersactive 4d
Watch for Q2 Aftermarket sales growth
Why it matters: Strong growth in Aftermarket sales shows strength in a weak retail market.
What confirms / what disproves
Confirms:Aftermarket sales grow more than 7% year-over-year in Q2 2026.
Disproves:Aftermarket sales grow less than 5% year-over-year in Q2 2026.
Earnings call
News catalysts
Recent news graded against this company's own objectives — whether it reinforces or challenges the thesis, and how confirmed it is.
No graded news catalysts for LCII yet.
This sector is also watching
- Watch for June retail sales growth to turn positive
What could change this view
Conditional scenarios: if X happens, the view would shift in this direction. These are not predictions.
Intermediate · Weekly
Upside triggers
- If sector bellwethers like BC, PII, and THO keep beating earnings and guiding higher, the Consumer Discretionary sector momentum should keep lifting LCII and other Consumer Discretionary names. Worth watching these names for early signals.
- If LCII beats again next quarter like it did this past one (a solid beat of +19% on the 2026-03-31 print), the momentum tends to extend, with Street estimates ratcheting up and the stock typically following.
Downside triggers
- If LCII reverses and cuts guidance after recently raising (RAISED as of 2026-05-05), that's the worst kind of move: a credibility hit on top of the lower number. Stocks usually get punished disproportionately for this.
- If sector bellwethers like BC, PII, and THO start missing or guiding lower, the Consumer Discretionary tailwind helping LCII and other Consumer Discretionary names could fade. Watch these names for early warning.
- If GDP growth slows materially from the current 2.6% (say, below 2%), it hits LCII and other Consumer Discretionary names harder than the average stock, since the sector is growth-sensitive.
Recent events
(material 8-K / filing activity)Material updates
Recent SEC 8-K filings ranked by likely impact, confidence, and recency.
- 2026-06-0512d agoItem 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 3, 2026, Jason D. Lippert retired as Chief Executive Officer of LCI Industries (the “ Company ”) and resigned as a member of the Board of Directors of the Company (the “ Board ”), effective as of June 3, 2026. Mr. Lippert’s resignation as Chief Executive Officer of the Company and as a member of the Board did not result from any disagreemen…
Executive changeneutral
Score history
Whether the overall read has been drifting up or down lately, and how it's changed since last week.
+1.2 vs last weeklatest as of 2026-06-16
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.