Telsey Advisory Group reaffirmed their market perform rating on shares of Ethan Allen Interiors (NYSE:ETH) in a research report report published on Wednesday, MarketBeat.com reports. Telsey Advisory Group currently has a $27.00 price objective on the stock, down from their previous price objective of $33.00.

A number of other analysts have also recently issued reports on the company. Zacks Investment Research raised Ethan Allen Interiors from a sell rating to a hold rating in a research report on Monday, January 8th. TheStreet cut Ethan Allen Interiors from a b rating to a c+ rating in a research report on Friday, October 27th. Stifel Nicolaus lifted their price objective on Ethan Allen Interiors from $27.00 to $30.00 and gave the company a hold rating in a research report on Thursday, October 26th. KeyCorp reissued a hold rating on shares of Ethan Allen Interiors in a research report on Tuesday, October 17th. Finally, Dougherty & Co raised Ethan Allen Interiors from a neutral rating to a buy rating and set a $35.00 price objective for the company in a research report on Friday, October 13th. Four research analysts have rated the stock with a hold rating, two have issued a buy rating and one has given a strong buy rating to the company. Ethan Allen Interiors presently has an average rating of Buy and an average target price of $31.60.

Shares of Ethan Allen Interiors (NYSE:ETH) traded up $0.70 during trading on Wednesday, hitting $27.40. The stock had a trading volume of 400,231 shares, compared to its average volume of 266,329. The firm has a market capitalization of $733.47, a PE ratio of 23.83, a PEG ratio of 1.69 and a beta of 1.40. Ethan Allen Interiors has a 1-year low of $25.40 and a 1-year high of $33.92.

Ethan Allen Interiors (NYSE:ETH) last released its quarterly earnings data on Wednesday, October 25th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.28. The firm had revenue of $181.30 million during the quarter, compared to analysts’ expectations of $181.30 million. Ethan Allen Interiors had a return on equity of 9.11% and a net margin of 4.27%. The business’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.41 earnings per share. equities analysts forecast that Ethan Allen Interiors will post 1.69 EPS for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $0.76 dividend on an annualized basis and a yield of 2.77%. Ethan Allen Interiors’s payout ratio is 66.09%.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Dynamic Technology Lab Private Ltd bought a new position in Ethan Allen Interiors during the third quarter valued at about $259,000. SG Americas Securities LLC raised its holdings in Ethan Allen Interiors by 180.1% during the third quarter. SG Americas Securities LLC now owns 10,864 shares of the company’s stock valued at $352,000 after buying an additional 6,986 shares in the last quarter. Fox Run Management L.L.C. bought a new position in Ethan Allen Interiors during the fourth quarter valued at about $311,000. Financial Engines Advisors L.L.C. raised its holdings in Ethan Allen Interiors by 24.2% during the third quarter. Financial Engines Advisors L.L.C. now owns 11,423 shares of the company’s stock valued at $370,000 after buying an additional 2,223 shares in the last quarter. Finally, Stevens Capital Management LP bought a new position in Ethan Allen Interiors during the third quarter valued at about $385,000.

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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.

Analyst Recommendations for Ethan Allen Interiors (NYSE:ETH)

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