David Reed - LCI Industries Independent Director

LCII Stock  USD 119.35  3.71  3.21%   

Director

Mr. David A. Reed is Independent Director of the Company. Mr. Reed was a member of our Board of Directors since 2003. Mr. Reed is President of a privatelyheld family investment management company. Mr. Reed retired as Senior Vice Chair for Ernst Young LLP in 2000 where he held several senior U.S. and global operating, administrative, and marketing roles in his 26year tenure with the firm. He served on Ernst Young LLPs Management Committee and Global Executive Council from 1991 to 2000. His experience includes service as a director for several publiclyowned, VC, and private equitybased companies since 2000. Mr. Reed has accounting and financial acumen, with particular knowledge of financial reporting and taxation, and has public company board experience. since 2003.
Age 73
Tenure 21 years
Address 3501 County Road 6 East, Elkhart, IN, United States, 46514
Phone574 535 1125
Webhttps://corporate.lippert.com
Reed retired as Senior Vice Chair for Ernst & Young LLP in 2000 where he held several senior U.S. and global operating, administrative and marketing roles in his 26year tenure with the firm. He served on Ernst & Young LLP’s Management Committee and Global Executive Council from 19912000. His experience includes service as a director for several publiclyowned, VC and private equitybased companies since 2000.

David Reed Latest Insider Activity

Tracking and analyzing the buying and selling activities of David Reed against LCI Industries stock is an integral part of due diligence when investing in LCI Industries. David Reed insider activity provides valuable insight into whether LCI Industries is net buyers or sellers over its current business cycle. Note, LCI Industries insiders must abide by specific rules, including filing SEC forms every time they buy or sell LCI Industries'shares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

LCI Industries Management Efficiency

The company has return on total asset (ROA) of 0.0422 % which means that it generated a profit of $0.0422 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.0939 %, meaning that it created $0.0939 on every $100 dollars invested by stockholders. LCI Industries' management efficiency ratios could be used to measure how well LCI Industries manages its routine affairs as well as how well it operates its assets and liabilities. The LCI Industries' current Return On Equity is estimated to increase to 0.09, while Return On Tangible Assets are projected to decrease to 0.03. As of now, LCI Industries' Other Current Assets are increasing as compared to previous years. The LCI Industries' current Total Current Assets is estimated to increase to about 1.2 B, while Other Assets are projected to decrease to under 32.8 M.
LCI Industries currently holds 1.11 B in liabilities with Debt to Equity (D/E) ratio of 0.96, which is about average as compared to similar companies. LCI Industries has a current ratio of 2.61, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about LCI Industries' use of debt, we should always consider it together with its cash and equity.

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LCI Industries, together with its subsidiaries, manufactures and supplies components for the manufacturers of recreational vehicles and adjacent industries in the United States and internationally. LCI Industries was incorporated in 1984 and is based in Elkhart, Indiana. LCI Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 13900 people. LCI Industries (LCII) is traded on New York Stock Exchange in USA. It is located in 3501 County Road 6 East, Elkhart, IN, United States, 46514 and employs 11,700 people. LCI Industries is listed under Automotive Parts & Equipment category by Fama And French industry classification.

Management Performance

LCI Industries Leadership Team

Elected by the shareholders, the LCI Industries' board of directors comprises two types of representatives: LCI Industries inside directors who are chosen from within the company, and outside directors, selected externally and held independent of LCI. The board's role is to monitor LCI Industries' management team and ensure that shareholders' interests are well served. LCI Industries' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, LCI Industries' outside directors are responsible for providing unbiased perspectives on the board's policies.
Praveen Vetrivel, Chief Financial Officer
Joe Thompson, Chief Officer
Andy Murray, Chief Officer
Kip Emenhiser, Corporate Controller, Principal Accounting Officer, Vice President - Finance
Brian Hall, Chief Financial Officer, Executive Vice President
David Reed, Independent Director
Ryan Smith, Group President - North America
Michael Platt, Vice Chairman of the Board
Lillian Etzkorn, Executive CFO
Jason Lippert, President, Chief Executive Officer, Director, Chief Executive Officer of Lippert Components
James Gero, Independent Chairman of the Board
Stephanie Mains, Additional Independent Director
Brendan Deely, Independent Director
Jaspal Jandu, Chief Executive Officer
Ronald Fenech, Independent Director
Tracy Graham, Independent Chairman of the Board
Nick Fletcher, Chief Human Resource Officer, Executive Vice President
Frank Crespo, Independent Director
Eileen Pruitt, Deputy Counsel
Jamie Schnur, Group President – Aftermarket
Virginia Henkels, Independent Director
Kieran Sullivan, Independent Director
John Sirpilla, Independent Director
Andrew Namenye, Executive Vice President, Chief Legal Officer, and Corporate Secretary

LCI Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is LCI Industries a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

When determining whether LCI Industries offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LCI Industries' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lci Industries Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lci Industries Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LCI Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
For more detail on how to invest in LCI Stock please use our How to Invest in LCI Industries guide.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Automotive Parts & Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LCI Industries. If investors know LCI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LCI Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.363
Dividend Share
4.2
Earnings Share
5.13
Revenue Per Share
148.575
Quarterly Revenue Growth
(0.05)
The market value of LCI Industries is measured differently than its book value, which is the value of LCI that is recorded on the company's balance sheet. Investors also form their own opinion of LCI Industries' value that differs from its market value or its book value, called intrinsic value, which is LCI Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LCI Industries' market value can be influenced by many factors that don't directly affect LCI Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LCI Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if LCI Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LCI Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.