Equities research analysts expect Littelfuse, Inc. (NASDAQ:LFUS) to post $415.16 million in sales for the current fiscal quarter, according to Zacks. Five analysts have provided estimates for Littelfuse’s earnings. The highest sales estimate is $419.48 million and the lowest is $409.77 million. Littelfuse reported sales of $459.18 million during the same quarter last year, which indicates a negative year over year growth rate of 9.6%. The company is expected to announce its next earnings results on Wednesday, August 7th.
On average, analysts expect that Littelfuse will report full-year sales of $1.66 billion for the current year, with estimates ranging from $1.65 billion to $1.68 billion. For the next fiscal year, analysts forecast that the firm will report sales of $1.75 billion, with estimates ranging from $1.71 billion to $1.79 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover Littelfuse.
Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings data on Wednesday, May 1st. The technology company reported $1.96 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.92 by $0.04. The business had revenue of $405.50 million for the quarter, compared to analysts’ expectations of $407.53 million. Littelfuse had a net margin of 9.70% and a return on equity of 15.27%. The firm’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $2.39 earnings per share.
NASDAQ:LFUS traded down $0.66 during mid-day trading on Friday, reaching $172.66. The stock had a trading volume of 4,535 shares, compared to its average volume of 154,613. The stock has a market capitalization of $4.27 billion, a price-to-earnings ratio of 18.27, a price-to-earnings-growth ratio of 1.65 and a beta of 1.10. The company has a debt-to-equity ratio of 0.45, a current ratio of 3.82 and a quick ratio of 2.85. Littelfuse has a 12 month low of $155.15 and a 12 month high of $238.10.
The business also recently announced a quarterly dividend, which was paid on Thursday, June 6th. Shareholders of record on Thursday, May 23rd were paid a dividend of $0.43 per share. The ex-dividend date of this dividend was Wednesday, May 22nd. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.00%. Littelfuse’s payout ratio is presently 18.22%.
In other news, Director Nathan Zommer sold 7,500 shares of Littelfuse stock in a transaction on Tuesday, April 16th. The shares were sold at an average price of $200.00, for a total transaction of $1,500,000.00. Following the transaction, the director now owns 393,286 shares in the company, valued at $78,657,200. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ian Highley sold 986 shares of Littelfuse stock in a transaction on Wednesday, May 29th. The stock was sold at an average price of $165.79, for a total transaction of $163,468.94. Following the transaction, the senior vice president now owns 1,839 shares in the company, valued at approximately $304,887.81. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 12,433 shares of company stock worth $2,404,479. Insiders own 3.50% of the company’s stock.
Several large investors have recently modified their holdings of LFUS. Vanguard Group Inc lifted its holdings in Littelfuse by 2.4% in the third quarter. Vanguard Group Inc now owns 2,167,434 shares of the technology company’s stock valued at $428,914,000 after buying an additional 51,769 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in Littelfuse by 31.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,949 shares of the technology company’s stock worth $334,000 after purchasing an additional 462 shares in the last quarter. Oppenheimer & Co. Inc. purchased a new position in Littelfuse in the fourth quarter valued at about $408,000. Xact Kapitalforvaltning AB boosted its stake in Littelfuse by 22.4% in the fourth quarter. Xact Kapitalforvaltning AB now owns 4,365 shares of the technology company’s stock valued at $749,000 after acquiring an additional 800 shares during the last quarter. Finally, Rhumbline Advisers boosted its stake in Littelfuse by 29.7% in the fourth quarter. Rhumbline Advisers now owns 81,056 shares of the technology company’s stock valued at $13,899,000 after acquiring an additional 18,579 shares during the last quarter. Institutional investors own 98.76% of the company’s stock.
Littelfuse Company Profile
Littelfuse, Inc designs, manufactures, and sells circuit protection, power control, and sensing products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.
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