Ethan Allen Interiors Inc. (ETH) Forecasted to Post Q2 2018 Earnings of $0.53 Per Share
Ethan Allen Interiors Inc. (NYSE:ETH) – Analysts at Dougherty & Co lowered their Q2 2018 EPS estimates for shares of Ethan Allen Interiors in a research note issued on Wednesday. Dougherty & Co analyst J. Hamblin now expects that the company will earn $0.53 per share for the quarter, down from their prior estimate of $0.55. Dougherty & Co currently has a “Buy” rating and a $35.00 target price on the stock. Dougherty & Co also issued estimates for Ethan Allen Interiors’ FY2018 earnings at $1.64 EPS.
Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings data on Wednesday, October 25th. The company reported $0.28 EPS for the quarter, hitting analysts’ consensus estimates of $0.28. The firm had revenue of $181.30 million for the quarter, compared to analyst estimates of $181.30 million. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The company’s revenue was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.41 EPS.
A number of other analysts also recently issued reports on ETH. Zacks Investment Research upgraded shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Wednesday. KeyCorp reaffirmed a “hold” rating on shares of Ethan Allen Interiors in a research report on Tuesday, October 17th. TheStreet cut shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a research report on Friday, October 27th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $27.00 target price on shares of Ethan Allen Interiors in a research report on Friday, October 13th. Four investment analysts have rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $33.40.
Ethan Allen Interiors (ETH) opened at $28.55 on Friday. The firm has a market cap of $796.66, a P/E ratio of 24.83, a P/E/G ratio of 1.89 and a beta of 1.41. Ethan Allen Interiors has a one year low of $26.45 and a one year high of $37.90.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 24th. Shareholders of record on Wednesday, January 10th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.66%. The ex-dividend date of this dividend is Tuesday, January 9th. Ethan Allen Interiors’s payout ratio is 66.09%.
Several large investors have recently modified their holdings of ETH. Royce & Associates LP grew its stake in shares of Ethan Allen Interiors by 9.7% during the 2nd quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock worth $80,813,000 after acquiring an additional 220,324 shares during the period. Vanguard Group Inc. raised its holdings in shares of Ethan Allen Interiors by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 2,420,157 shares of the company’s stock valued at $78,171,000 after buying an additional 33,274 shares in the last quarter. Disciplined Growth Investors Inc. MN increased its stake in Ethan Allen Interiors by 0.3% in the 2nd quarter. Disciplined Growth Investors Inc. MN now owns 2,266,066 shares of the company’s stock worth $73,194,000 after purchasing an additional 7,231 shares during the period. Dimensional Fund Advisors LP increased its stake in Ethan Allen Interiors by 1.7% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,913,194 shares of the company’s stock worth $61,988,000 after purchasing an additional 31,263 shares during the period. Finally, Northern Trust Corp increased its stake in Ethan Allen Interiors by 24.3% in the 2nd quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock worth $32,171,000 after purchasing an additional 194,421 shares during the period. 99.41% of the stock is currently owned by institutional investors.
Ethan Allen Interiors Company Profile
Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.
Receive News & Ratings for Ethan Allen Interiors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ethan Allen Interiors and related companies with Analyst Ratings Network's FREE daily email newsletter.