Somewhat Positive News Coverage Somewhat Unlikely to Affect Littelfuse (LFUS) Stock Price

Media coverage about Littelfuse (NASDAQ:LFUS) has trended somewhat positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Littelfuse earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned media coverage about the technology company an impact score of 46.986473343018 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.

These are some of the news headlines that may have impacted Accern’s scoring:

Several equities analysts recently commented on LFUS shares. Robert W. Baird reaffirmed a “buy” rating and set a $202.00 price objective on shares of Littelfuse in a research note on Tuesday, September 5th. Stifel Nicolaus reaffirmed a “hold” rating and set a $180.00 price objective on shares of Littelfuse in a research note on Tuesday, September 12th. Zacks Investment Research cut shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Saturday, September 23rd. UBS cut shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research note on Friday, October 13th. Finally, Oppenheimer cut shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research note on Friday, October 13th. Two equities research analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $211.25.

Littelfuse (LFUS) opened at $201.41 on Friday. The company has a market cap of $4,608.54, a P/E ratio of 27.13, a P/E/G ratio of 1.79 and a beta of 0.91. Littelfuse has a 12 month low of $144.65 and a 12 month high of $215.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.75 and a current ratio of 3.36.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings data on Wednesday, November 1st. The technology company reported $2.12 EPS for the quarter, beating the consensus estimate of $1.98 by $0.14. Littelfuse had a net margin of 13.12% and a return on equity of 19.62%. The company had revenue of $317.90 million during the quarter, compared to analysts’ expectations of $319.20 million. During the same quarter in the previous year, the company earned $1.87 earnings per share. Littelfuse’s revenue for the quarter was up 13.4% on a year-over-year basis. equities analysts forecast that Littelfuse will post 7.57 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Wednesday, November 22nd will be given a dividend of $0.37 per share. The ex-dividend date is Tuesday, November 21st. This represents a $1.48 annualized dividend and a yield of 0.73%. Littelfuse’s payout ratio is presently 21.57%.

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About Littelfuse

Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.

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