Ethan Allen Interiors Inc. (NYSE:ETH) VP John S. Bedford II sold 406 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of $30.48, for a total transaction of $12,374.88. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
Shares of Ethan Allen Interiors Inc. (NYSE ETH) opened at 30.25 on Thursday. The company’s 50-day moving average is $30.47 and its 200 day moving average is $29.90. Ethan Allen Interiors Inc. has a 52 week low of $26.75 and a 52 week high of $38.80. The stock has a market capitalization of $830.27 million, a P/E ratio of 23.45 and a beta of 1.17.
Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.42. Ethan Allen Interiors had a net margin of 4.74% and a return on equity of 10.17%. The business had revenue of $194.90 million for the quarter, compared to analysts’ expectations of $194.94 million. During the same period last year, the company earned $0.57 earnings per share. The company’s quarterly revenue was down 5.3% on a year-over-year basis. On average, equities analysts forecast that Ethan Allen Interiors Inc. will post $1.75 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Investors of record on Tuesday, October 10th will be issued a $0.19 dividend. The ex-dividend date of this dividend is Friday, October 6th. This represents a $0.76 annualized dividend and a yield of 2.51%. Ethan Allen Interiors’s payout ratio is 58.92%.
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A number of hedge funds and other institutional investors have recently bought and sold shares of ETH. Envestnet Asset Management Inc. raised its holdings in Ethan Allen Interiors by 3.8% in the first quarter. Envestnet Asset Management Inc. now owns 4,980 shares of the company’s stock valued at $153,000 after buying an additional 180 shares during the period. Mason Street Advisors LLC raised its holdings in Ethan Allen Interiors by 7.2% in the first quarter. Mason Street Advisors LLC now owns 5,957 shares of the company’s stock valued at $183,000 after buying an additional 398 shares during the period. State of Alaska Department of Revenue raised its holdings in Ethan Allen Interiors by 44.6% in the second quarter. State of Alaska Department of Revenue now owns 7,084 shares of the company’s stock valued at $228,000 after buying an additional 2,184 shares during the period. Bank of Montreal Can raised its holdings in Ethan Allen Interiors by 4.4% in the first quarter. Bank of Montreal Can now owns 8,062 shares of the company’s stock valued at $247,000 after buying an additional 341 shares during the period. Finally, KCG Holdings Inc. raised its holdings in Ethan Allen Interiors by 43.8% in the first quarter. KCG Holdings Inc. now owns 8,827 shares of the company’s stock valued at $271,000 after buying an additional 2,690 shares during the period. Hedge funds and other institutional investors own 99.41% of the company’s stock.
A number of research analysts have issued reports on the stock. BidaskClub cut shares of Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Wednesday, August 23rd. TheStreet raised shares of Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th. Four investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Ethan Allen Interiors has a consensus rating of “Buy” and a consensus target price of $33.25.
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.
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