Ethan Allen Interiors Inc. (NYSE:ETH) – Dougherty & Co lowered their Q1 2018 EPS estimates for shares of Ethan Allen Interiors in a note issued to investors on Monday. Dougherty & Co analyst J. Hamblin now forecasts that the company will post earnings per share of $0.43 for the quarter, down from their previous forecast of $0.45.
Other analysts also recently issued reports about the company. BidaskClub downgraded Ethan Allen Interiors from a “buy” rating to a “hold” rating in a report on Saturday, July 8th. TheStreet raised Ethan Allen Interiors from a “c+” rating to a “b-” rating in a report on Thursday, June 29th. Three investment analysts have rated the stock with a hold rating, one has issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average target price of $33.00.
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Shares of Ethan Allen Interiors (ETH) traded down 3.44% on Wednesday, hitting $29.45. The stock had a trading volume of 443,249 shares. Ethan Allen Interiors has a 52-week low of $26.75 and a 52-week high of $38.80. The firm has a market cap of $808.31 million, a PE ratio of 22.83 and a beta of 1.20. The firm’s 50-day moving average price is $30.43 and its 200 day moving average price is $30.14.
Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings data on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.42. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. The firm had revenue of $194.90 million during the quarter, compared to analysts’ expectations of $194.94 million. During the same period last year, the business posted $0.57 earnings per share. The company’s revenue for the quarter was down 5.3% compared to the same quarter last year.
Several institutional investors have recently bought and sold shares of ETH. BlackRock Inc. lifted its holdings in shares of Ethan Allen Interiors by 122,313.2% in the 1st quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock valued at $105,279,000 after purchasing an additional 3,432,107 shares during the last quarter. Vaughan Nelson Investment Management L.P. lifted its holdings in shares of Ethan Allen Interiors by 46.4% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 855,725 shares of the company’s stock valued at $27,640,000 after purchasing an additional 271,300 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of Ethan Allen Interiors by 14.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock valued at $60,786,000 after purchasing an additional 238,300 shares during the last quarter. Royce & Associates LP lifted its holdings in shares of Ethan Allen Interiors by 9.7% in the 2nd quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock valued at $80,813,000 after purchasing an additional 220,324 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of Ethan Allen Interiors by 24.3% in the 2nd quarter. Northern Trust Corp now owns 996,016 shares of the company’s stock valued at $32,171,000 after purchasing an additional 194,421 shares during the last quarter. 99.41% of the stock is owned by institutional investors and hedge funds.
The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Tuesday, October 10th will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 2.49%. The ex-dividend date of this dividend is Friday, October 6th. Ethan Allen Interiors’s payout ratio is currently 58.92%.
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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