Analysts expect that Littelfuse, Inc. (NASDAQ:LFUS) will post earnings of $2.01 per share for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Littelfuse’s earnings, with the lowest EPS estimate coming in at $1.99 and the highest estimate coming in at $2.02. Littelfuse reported earnings of $1.81 per share during the same quarter last year, which would suggest a positive year-over-year growth rate of 11%. The firm is scheduled to issue its next quarterly earnings report on Wednesday, January 30th.
On average, analysts expect that Littelfuse will report full-year earnings of $9.57 per share for the current financial year, with EPS estimates ranging from $9.55 to $9.58. For the next fiscal year, analysts expect that the company will post earnings of $10.43 per share, with EPS estimates ranging from $10.25 to $10.70. Zacks’ EPS averages are an average based on a survey of sell-side research analysts that follow Littelfuse.
Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, October 31st. The technology company reported $2.49 earnings per share for the quarter, topping the consensus estimate of $2.40 by $0.09. Littelfuse had a return on equity of 17.35% and a net margin of 7.47%. The business had revenue of $439.20 million during the quarter, compared to analysts’ expectations of $441.62 million. During the same quarter in the previous year, the firm earned $2.12 EPS. The firm’s revenue was up 38.2% compared to the same quarter last year.
LFUS has been the subject of several research analyst reports. ValuEngine cut Littelfuse from a “hold” rating to a “sell” rating in a research report on Monday, October 8th. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a research report on Tuesday, November 6th. BidaskClub raised Littelfuse from a “strong sell” rating to a “sell” rating in a research report on Friday, November 2nd. CL King set a $248.00 price objective on Littelfuse and gave the stock a “buy” rating in a research report on Tuesday, September 25th. Finally, Barrington Research reissued a “hold” rating on shares of Littelfuse in a research report on Monday, October 29th. Four equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company. The company presently has an average rating of “Hold” and an average price target of $252.50.
A number of institutional investors and hedge funds have recently modified their holdings of LFUS. Bank of Montreal Can increased its stake in Littelfuse by 150.5% during the second quarter. Bank of Montreal Can now owns 3,519 shares of the technology company’s stock valued at $802,000 after acquiring an additional 2,114 shares during the period. Janney Montgomery Scott LLC increased its stake in Littelfuse by 40.8% during the second quarter. Janney Montgomery Scott LLC now owns 3,331 shares of the technology company’s stock valued at $760,000 after acquiring an additional 965 shares during the period. Aperio Group LLC increased its stake in Littelfuse by 6.5% during the second quarter. Aperio Group LLC now owns 5,846 shares of the technology company’s stock valued at $1,334,000 after acquiring an additional 358 shares during the period. Alps Advisors Inc. bought a new position in Littelfuse during the second quarter valued at about $501,000. Finally, TD Asset Management Inc. increased its stake in Littelfuse by 11.5% during the second quarter. TD Asset Management Inc. now owns 2,900 shares of the technology company’s stock valued at $662,000 after acquiring an additional 300 shares during the period. Hedge funds and other institutional investors own 95.69% of the company’s stock.
NASDAQ LFUS opened at $172.58 on Wednesday. Littelfuse has a twelve month low of $163.43 and a twelve month high of $238.10. The company has a quick ratio of 2.65, a current ratio of 3.46 and a debt-to-equity ratio of 0.45. The stock has a market cap of $4.48 billion, a P/E ratio of 19.01, a price-to-earnings-growth ratio of 1.55 and a beta of 0.96.
The company also recently declared a quarterly dividend, which was paid on Thursday, December 6th. Investors of record on Wednesday, November 21st were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Tuesday, November 20th. This represents a $1.72 annualized dividend and a yield of 1.00%. Littelfuse’s dividend payout ratio is 22.22%.
Littelfuse Company Profile
Littelfuse, Inc designs, manufactures, and sells circuit protection products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, and gas discharge tubes; and semiconductor and power semiconductor products, such as discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.
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