Brokerages Expect Littelfuse, Inc. (NASDAQ:LFUS) to Announce $1.56 EPS

Brokerages expect Littelfuse, Inc. (NASDAQ:LFUS) to post $1.56 earnings per share for the current fiscal quarter, according to Zacks. Five analysts have issued estimates for Littelfuse’s earnings. The highest EPS estimate is $1.61 and the lowest is $1.48. Littelfuse reported earnings per share of $2.49 in the same quarter last year, which suggests a negative year-over-year growth rate of 37.3%. The company is expected to issue its next quarterly earnings results on Wednesday, October 30th.

According to Zacks, analysts expect that Littelfuse will report full-year earnings of $6.77 per share for the current financial year, with EPS estimates ranging from $6.65 to $6.86. For the next fiscal year, analysts expect that the business will report earnings of $7.54 per share, with EPS estimates ranging from $7.27 to $7.78. Zacks’ EPS averages are an average based on a survey of research analysts that that provide coverage for Littelfuse.

Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, July 31st. The technology company reported $1.91 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $1.91. The firm had revenue of $397.00 million during the quarter, compared to analyst estimates of $397.98 million. Littelfuse had a net margin of 10.15% and a return on equity of 13.82%. The business’s revenue was down 13.5% on a year-over-year basis. During the same quarter last year, the business earned $2.68 EPS.



Several equities research analysts have recently issued reports on LFUS shares. Zacks Investment Research lowered shares of Littelfuse from a “hold” rating to a “sell” rating in a report on Tuesday, July 16th. Cowen restated an “outperform” rating and issued a $200.00 target price (down previously from $210.00) on shares of Littelfuse in a report on Thursday, August 1st. Robert W. Baird lowered shares of Littelfuse from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $193.00 to $171.00 in a report on Thursday, August 1st. Barrington Research restated a “hold” rating on shares of Littelfuse in a report on Wednesday, May 29th. Finally, BidaskClub upgraded shares of Littelfuse from a “hold” rating to a “buy” rating in a report on Thursday. One analyst has rated the stock with a sell rating, three have assigned a hold rating and six have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $207.33.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Manchester Capital Management LLC bought a new stake in Littelfuse during the 1st quarter valued at about $30,000. Quantamental Technologies LLC bought a new stake in Littelfuse during the 1st quarter valued at about $33,000. Doyle Wealth Management bought a new stake in Littelfuse during the 2nd quarter valued at about $35,000. Icon Wealth Partners LLC bought a new stake in Littelfuse during the 1st quarter valued at about $46,000. Finally, Institutional & Family Asset Management LLC lifted its holdings in Littelfuse by 243.9% during the 1st quarter. Institutional & Family Asset Management LLC now owns 282 shares of the technology company’s stock valued at $51,000 after buying an additional 200 shares in the last quarter. Institutional investors own 99.73% of the company’s stock.

Shares of Littelfuse stock traded up $2.27 during trading on Friday, hitting $183.10. The stock had a trading volume of 84,182 shares, compared to its average volume of 167,565. The firm’s fifty day simple moving average is $162.82 and its 200-day simple moving average is $177.26. The stock has a market cap of $4.29 billion, a PE ratio of 19.40, a PEG ratio of 2.34 and a beta of 1.09. The company has a debt-to-equity ratio of 0.46, a current ratio of 3.90 and a quick ratio of 2.95. Littelfuse has a 12 month low of $149.80 and a 12 month high of $225.70.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 5th. Investors of record on Thursday, August 22nd were issued a dividend of $0.48 per share. This is a positive change from Littelfuse’s previous quarterly dividend of $0.43. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $1.92 dividend on an annualized basis and a yield of 1.05%. Littelfuse’s dividend payout ratio (DPR) is presently 20.34%.

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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Earnings History and Estimates for Littelfuse (NASDAQ:LFUS)

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