Ethan Allen Interiors (NYSE:ETH) updated its second quarter earnings guidance on Monday. The company provided earnings per share guidance of $0.25-0.27 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.42. The company issued revenue guidance of approx $175 million, compared to the consensus revenue estimate of $184.30 million.Ethan Allen Interiors also updated its Q2 2020
After-Hours guidance to 0.25-0.27 EPS.
A number of equities analysts have weighed in on the company. Zacks Investment Research raised Ethan Allen Interiors from a sell rating to a hold rating in a research note on Tuesday, January 7th. TheStreet lowered Ethan Allen Interiors from a b- rating to a c+ rating in a research note on Tuesday, December 3rd. Stifel Nicolaus decreased their price target on Ethan Allen Interiors from $19.00 to $17.00 and set a hold rating on the stock in a research note on Tuesday. ValuEngine raised Ethan Allen Interiors from a sell rating to a hold rating in a research note on Friday, January 3rd. Finally, Telsey Advisory Group decreased their price target on Ethan Allen Interiors from $20.00 to $19.00 and set a market perform rating on the stock in a research note on Tuesday, November 5th. Six investment analysts have rated the stock with a hold rating, Ethan Allen Interiors currently has an average rating of Hold and an average target price of $19.36.
ETH opened at $17.06 on Tuesday. The stock’s 50-day moving average price is $18.13 and its 200 day moving average price is $18.81. Ethan Allen Interiors has a 12-month low of $16.63 and a 12-month high of $23.11. The company has a current ratio of 1.46, a quick ratio of 0.51 and a debt-to-equity ratio of 0.32. The firm has a market cap of $468.51 million, a price-to-earnings ratio of 10.94 and a beta of 0.91.
Ethan Allen Interiors (NYSE:ETH) last posted its earnings results on Monday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.35. Ethan Allen Interiors had a return on equity of 11.39% and a net margin of 4.23%. The firm had revenue of $173.92 million for the quarter, compared to analyst estimates of $174.07 million. During the same quarter in the prior year, the company earned $0.33 EPS. Ethan Allen Interiors’s revenue was down 7.4% on a year-over-year basis. On average, research analysts forecast that Ethan Allen Interiors will post 1.52 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Thursday, January 9th will be issued a $0.21 dividend. The ex-dividend date is Wednesday, January 8th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 4.92%. Ethan Allen Interiors’s payout ratio is currently 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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