Ethan Allen Interiors Inc. (NYSE:ETH) updated its FY17 earnings guidance on Monday. The company provided earnings per share guidance of $1.44 -1.45 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.53. The company issued revenue guidance of $763.4 million, compared to the consensus revenue estimate of $770.03 million.Ethan Allen Interiors also updated its Q4 guidance to $0.41-0.42 EPS.
A number of analysts have recently commented on the company. TheStreet downgraded Ethan Allen Interiors from a b rating to a c+ rating in a report on Thursday, April 27th. BidaskClub downgraded Ethan Allen Interiors from a buy rating to a hold rating in a report on Saturday, July 8th. Telsey Advisory Group cut their target price on Ethan Allen Interiors from $36.00 to $33.00 and set an outperform rating on the stock in a research report on Thursday, April 27th. Finally, Stifel Nicolaus cut their target price on Ethan Allen Interiors from $34.00 to $30.00 and set a hold rating on the stock in a research report on Friday, April 28th. Six equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of Hold and a consensus price target of $35.00.
Shares of Ethan Allen Interiors Inc. (NYSE:ETH) opened at 30.45 on Tuesday. Ethan Allen Interiors Inc. has a 1-year low of $26.75 and a 1-year high of $38.80. The company has a market capitalization of $843.34 million, a price-to-earnings ratio of 20.55 and a beta of 1.16. The company’s 50 day moving average price is $28.63 and its 200-day moving average price is $30.63.
Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings results on Wednesday, April 26th. The company reported $0.23 EPS for the quarter, missing the consensus estimate of $0.27 by $0.04. Ethan Allen Interiors had a return on equity of 11.31% and a net margin of 5.33%. The company had revenue of $180.20 million for the quarter, compared to analyst estimates of $184.18 million. During the same period last year, the company posted $0.34 EPS. The business’s revenue for the quarter was down 5.5% on a year-over-year basis. On average, equities analysts forecast that Ethan Allen Interiors Inc. will post $1.53 earnings per share for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 25th. Stockholders of record on Tuesday, July 11th will be given a $0.19 dividend. The ex-dividend date is Friday, July 7th. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.50%. Ethan Allen Interiors’s payout ratio is currently 51.70%.
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About Ethan Allen Interiors
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.
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