Analysts predict that Ethan Allen Interiors Inc. (NYSE:ETH) will report earnings of $0.40 per share for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Ethan Allen Interiors’ earnings. The highest EPS estimate is $0.42 and the lowest is $0.38. Ethan Allen Interiors reported earnings per share of $0.46 in the same quarter last year, which would suggest a negative year-over-year growth rate of 13%. The company is expected to issue its next earnings report on Monday, January 27th.
On average, analysts expect that Ethan Allen Interiors will report full-year earnings of $1.52 per share for the current financial year, with EPS estimates ranging from $1.49 to $1.54. For the next financial year, analysts anticipate that the firm will report earnings of $1.60 per share, with EPS estimates ranging from $1.58 to $1.61. Zacks’ EPS averages are a mean average based on a survey of sell-side analysts that follow Ethan Allen Interiors.
Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings results on Monday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, hitting the Zacks’ consensus estimate of $0.35. Ethan Allen Interiors had a return on equity of 11.39% and a net margin of 4.23%. The business had revenue of $173.92 million during the quarter, compared to analyst estimates of $174.07 million. During the same quarter in the prior year, the business posted $0.33 EPS. Ethan Allen Interiors’s revenue for the quarter was down 7.4% compared to the same quarter last year.
A number of equities research analysts have issued reports on ETH shares. Zacks Investment Research lowered Ethan Allen Interiors from a “hold” rating to a “sell” rating in a research note on Tuesday, November 12th. Telsey Advisory Group cut their price target on Ethan Allen Interiors from $20.00 to $19.00 and set a “market perform” rating for the company in a research note on Tuesday, November 5th. ValuEngine lowered Ethan Allen Interiors from a “sell” rating to a “strong sell” rating in a research note on Tuesday, November 5th. Finally, TheStreet lowered Ethan Allen Interiors from a “b-” rating to a “c+” rating in a research report on Tuesday, December 3rd. Two analysts have rated the stock with a sell rating and three have given a hold rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $20.15.
In other news, SVP Daniel M. Grow sold 1,500 shares of the firm’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $19.24, for a total transaction of $28,860.00. Following the completion of the transaction, the senior vice president now owns 4,214 shares in the company, valued at $81,077.36. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 10.40% of the company’s stock.
Institutional investors have recently modified their holdings of the company. Parallel Advisors LLC grew its position in shares of Ethan Allen Interiors by 1,314.0% during the second quarter. Parallel Advisors LLC now owns 1,513 shares of the company’s stock valued at $32,000 after purchasing an additional 1,406 shares in the last quarter. Tower Research Capital LLC TRC bought a new position in shares of Ethan Allen Interiors in the 3rd quarter valued at about $51,000. Quantamental Technologies LLC lifted its holdings in shares of Ethan Allen Interiors by 804.5% in the 2nd quarter. Quantamental Technologies LLC now owns 3,582 shares of the company’s stock valued at $75,000 after acquiring an additional 3,186 shares during the last quarter. Financial Engines Advisors L.L.C. bought a new position in shares of Ethan Allen Interiors in the 2nd quarter valued at about $205,000. Finally, Pacer Advisors Inc. lifted its holdings in shares of Ethan Allen Interiors by 53.0% in the 3rd quarter. Pacer Advisors Inc. now owns 9,801 shares of the company’s stock valued at $187,000 after acquiring an additional 3,394 shares during the last quarter. Hedge funds and other institutional investors own 92.03% of the company’s stock.
ETH stock traded down $0.04 during trading on Friday, reaching $17.73. The company’s stock had a trading volume of 381,415 shares, compared to its average volume of 190,273. Ethan Allen Interiors has a 1 year low of $16.63 and a 1 year high of $23.11. The company has a quick ratio of 0.51, a current ratio of 1.46 and a debt-to-equity ratio of 0.32. The company has a market capitalization of $471.70 million, a P/E ratio of 11.37 and a beta of 0.88. The company’s fifty day moving average is $18.49 and its 200-day moving average is $19.20.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Thursday, January 9th will be given a dividend of $0.21 per share. The ex-dividend date is Wednesday, January 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.74%. Ethan Allen Interiors’s payout ratio is 53.85%.
About Ethan Allen Interiors
Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.
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