Lifetime Brands (NASDAQ:LCUT) posted its quarterly earnings data on Thursday. The company reported $0.55 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.22), MarketWatch Earnings reports. Lifetime Brands had a negative net margin of 1.59% and a positive return on equity of 0.52%. The firm had revenue of $228.27 million during the quarter.

NASDAQ:LCUT traded up $0.04 during trading hours on Friday, hitting $9.34. The company had a trading volume of 47,200 shares, compared to its average volume of 16,280. The company has a quick ratio of 1.38, a current ratio of 3.09 and a debt-to-equity ratio of 1.29. The stock has a market cap of $188.10 million, a P/E ratio of 100.67 and a beta of 0.99. Lifetime Brands has a 1 year low of $8.01 and a 1 year high of $14.62.

Several research analysts recently commented on LCUT shares. BidaskClub raised Lifetime Brands from a “buy” rating to a “strong-buy” rating in a research note on Friday, December 7th. ValuEngine cut Lifetime Brands from a “hold” rating to a “sell” rating in a report on Monday, February 4th.

Large investors have recently modified their holdings of the business. Dimensional Fund Advisors LP boosted its holdings in Lifetime Brands by 3.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,250,094 shares of the company’s stock valued at $12,538,000 after acquiring an additional 40,757 shares during the period. BlackRock Inc. boosted its stake in shares of Lifetime Brands by 2.9% in the fourth quarter. BlackRock Inc. now owns 874,261 shares of the company’s stock valued at $8,769,000 after buying an additional 24,494 shares in the last quarter. Bridgeway Capital Management Inc. boosted its stake in shares of Lifetime Brands by 22.3% in the third quarter. Bridgeway Capital Management Inc. now owns 187,299 shares of the company’s stock valued at $2,042,000 after buying an additional 34,200 shares in the last quarter. Teton Advisors Inc. raised its holdings in Lifetime Brands by 13.6% during the fourth quarter. Teton Advisors Inc. now owns 160,697 shares of the company’s stock worth $1,612,000 after purchasing an additional 19,246 shares during the last quarter. Finally, Northern Trust Corp raised its holdings in Lifetime Brands by 20.0% during the second quarter. Northern Trust Corp now owns 149,815 shares of the company’s stock worth $1,896,000 after purchasing an additional 24,996 shares during the last quarter. Institutional investors own 46.91% of the company’s stock.

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Lifetime Brands Company Profile

Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company operates through three segments: U.S. Wholesale, International, and Retail Direct. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, shears, cookware, pantry ware, spice racks, and bakeware, as well as novelty kitchen tools, tableware accessories, party goods, personal accessories, and other products; and tableware products comprising dinnerware, stemware, flatware, and giftware.

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Earnings History for Lifetime Brands (NASDAQ:LCUT)

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