Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>LCI Industries presented a mixed set of results for the first quarter of 2025, showcasing strong performance in several segments while facing some ongoing challenges.</li><li>The company achieved over $1 billion in sales, which marks an 8% year-over-year increase.</li><li>This growth is attributed to leadership resilience, a diversified market presence, scalable production, and strategic acquisitions.</li></ul>

LCI Industries presented a mixed set of results for the first quarter of 2025, showcasing strong performance in several segments while facing some ongoing challenges.The company achieved over $1 billion in sales, which marks an 8% year-over-year increase.This growth is attributed to leadership resilience, a diversified market presence, scalable production, and strategic acquisitions.

LCI Industries: Diversification of Product Portfolio & Market Share Gains to Leverage Continued Growth Amidst Shifting Consumer Preferences!

<ul><li>LCI Industries reported a stabilized financial performance amidst tough market conditions in the RV and marine industries.</li><li>For the full year 2024, the company reported revenues of $3.7 billion, a slight decrease of 1% compared to the previous year.</li><li>Despite headwinds, including a challenging RV and marine market, LCI Industries managed to achieve this minimal decline owing to its diversified business model.</li></ul>

LCI Industries reported a stabilized financial performance amidst tough market conditions in the RV and marine industries.For the full year 2024, the company reported revenues of $3.7 billion, a slight decrease of 1% compared to the previous year.Despite headwinds, including a challenging RV and marine market, LCI Industries managed to achieve this minimal decline owing to its diversified business model.

LCI Industries Fights Back Against Tariffs – Can They Survive The Trade War?

<ul><li>LCI Industries' third-quarter 2024 earnings presents a balanced view of the company's current position and future challenges.</li><li>While the company is navigating significant industry headwinds, especially in the RV and marine sectors, there are both positive and negative aspects to consider when evaluating its potential as an investment.</li><li>On the positive side, LCI Industries demonstrated strong operational performance despite a 5% decline in net sales to $915 million for the quarter.</li></ul>

LCI Industries' third-quarter 2024 earnings presents a balanced view of the company's current position and future challenges.While the company is navigating significant industry headwinds, especially in the RV and marine sectors, there are both positive and negative aspects to consider when evaluating its potential as an investment.On the positive side, LCI Industries demonstrated strong operational performance despite a 5% decline in net sales to $915 million for the quarter.

LCI Industries: Market Share Expansion & Product Innovation As A Key Growth Catalyst! - Major Drivers

<ul><li>LCI Industries recently shared their second quarter earnings for 2024, reflecting a nuanced performance characterized by both challenges and growth opportunities.</li><li>On one hand, the company reported a 4% year-over year revenue increase to $1.1 billion, with significant contributions from the Recreational Vehicle (RV) Original Equipment Manufacturer (OEM) sector, which grew by about 20%.</li><li>This growth was underpinned by a 15% rise in North American travel trailer and fifth-wheel wholesale shipments.</li></ul>

LCI Industries recently shared their second quarter earnings for 2024, reflecting a nuanced performance characterized by both challenges and growth opportunities.On one hand, the company reported a 4% year-over year revenue increase to $1.1 billion, with significant contributions from the Recreational Vehicle (RV) Original Equipment Manufacturer (OEM) sector, which grew by about 20%.This growth was underpinned by a 15% rise in North American travel trailer and fifth-wheel wholesale shipments.

LCI Industries: These Are The 4 Biggest Challenges In Its Path! - Major Drivers

<ul><li>LCI Industries exhibited mixed results in the first quarter of 2024, marked by revenue growth amidst strategic diversifications and operational adjustments.</li><li>The company reported a total revenue of $968 million, a 16% sequential increase but a slight decrease of 1% compared to the previous year.</li><li>This performance was primarily driven by strength in the aftermarket and diversified business segments, even as core RV OEM sectors showed varying degrees of improvement.</li></ul>

LCI Industries exhibited mixed results in the first quarter of 2024, marked by revenue growth amidst strategic diversifications and operational adjustments.The company reported a total revenue of $968 million, a 16% sequential increase but a slight decrease of 1% compared to the previous year.This performance was primarily driven by strength in the aftermarket and diversified business segments, even as core RV OEM sectors showed varying degrees of improvement.

LCI Industries: Can The Acquisition of CWDS Furniture Business Be A Game Changer? - Major Drivers

United States

LCI Industries manufactures recreational vehicles and equipment. The Company offers toolboxes, truck caps, running boards, side-outs, mattresses, alignment systems, shock absorber, power stabilizer jacks, baggage doors, and sliders. LCI Industries markets its products worldwide.

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LCI Industries (LCII US)

LCI Industries Fights Back Against Tariffs – Can They Survive The Trade War?

LCI Industries reported a stabilized financial performance amidst tough market conditions in the RV and marine industries. For the full year 2024,...

Baptista Research

LCI Industries: These Are The 4 Biggest Challenges In Its Path! - Major Drivers

LCI Industries recently shared their second quarter earnings for 2024, reflecting a nuanced performance characterized by both challenges and...

Baptista Research

LCI Industries: Can The Acquisition of CWDS Furniture Business Be A Game Changer? - Major Drivers

LCI Industries exhibited mixed results in the first quarter of 2024, marked by revenue growth amidst strategic diversifications and operational...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

LCI Industries: Diversification of Product Portfolio & Market Share Gains to Leverage Continued Growth Amidst Shifting Consumer Preferences!

LCI Industries presented a mixed set of results for the first quarter of 2025, showcasing strong performance in several segments while facing some...

Baptista Research

LCI Industries Fights Back Against Tariffs – Can They Survive The Trade War?

LCI Industries reported a stabilized financial performance amidst tough market conditions in the RV and marine industries. For the full year 2024,...

Baptista Research

LCI Industries: Market Share Expansion & Product Innovation As A Key Growth Catalyst! - Major Drivers

LCI Industries' third-quarter 2024 earnings presents a balanced view of the company's current position and future challenges. While the company is...

Baptista Research

LCI Industries: These Are The 4 Biggest Challenges In Its Path! - Major Drivers

LCI Industries recently shared their second quarter earnings for 2024, reflecting a nuanced performance characterized by both challenges and...

Baptista Research

LCI Industries: Can The Acquisition of CWDS Furniture Business Be A Game Changer? - Major Drivers

LCI Industries exhibited mixed results in the first quarter of 2024, marked by revenue growth amidst strategic diversifications and operational...

Baptista Research