Littelfuse (LFUS) Scheduled to Post Earnings on Tuesday

Littelfuse (NASDAQ:LFUS) will be posting its quarterly earnings results after the market closes on Tuesday, April 30th. Analysts expect Littelfuse to post earnings of $1.75 per share for the quarter. Littelfuse has set its Q1 2024 guidance at 1.650-1.850 EPS and its Q1 guidance at $1.65-1.85 EPS.Individual interested in listening to the company’s earnings conference call can do so using this link.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Tuesday, January 30th. The technology company reported $2.02 EPS for the quarter, hitting the consensus estimate of $2.02. The company had revenue of $533.80 million during the quarter, compared to analyst estimates of $535.76 million. Littelfuse had a return on equity of 12.35% and a net margin of 10.98%. The firm’s revenue was down 12.9% on a year-over-year basis. During the same quarter last year, the business posted $3.34 earnings per share. On average, analysts expect Littelfuse to post $9 EPS for the current fiscal year and $11 EPS for the next fiscal year.

Littelfuse Trading Up 0.5 %

LFUS opened at $231.64 on Friday. The firm has a market cap of $5.77 billion, a P/E ratio of 22.40, a P/E/G ratio of 2.03 and a beta of 1.34. Littelfuse has a 12 month low of $212.80 and a 12 month high of $309.94. The company has a current ratio of 3.75, a quick ratio of 2.49 and a debt-to-equity ratio of 0.35. The stock has a 50-day moving average of $235.53 and a 200 day moving average of $239.31.

Wall Street Analyst Weigh In

Several research analysts recently commented on LFUS shares. Jefferies Financial Group started coverage on Littelfuse in a research report on Tuesday, April 9th. They issued a “hold” rating and a $260.00 price target for the company. StockNews.com lowered Littelfuse from a “buy” rating to a “hold” rating in a research report on Saturday, March 30th.

Insider Buying and Selling at Littelfuse

In related news, SVP Maggie Chu sold 1,522 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The stock was sold at an average price of $240.74, for a total value of $366,406.28. Following the completion of the sale, the senior vice president now owns 3,086 shares in the company, valued at $742,923.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In related news, SVP Matthew Cole sold 916 shares of the business’s stock in a transaction that occurred on Monday, February 12th. The stock was sold at an average price of $248.18, for a total value of $227,332.88. Following the completion of the sale, the senior vice president now owns 5,530 shares in the company, valued at $1,372,435.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Maggie Chu sold 1,522 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $240.74, for a total value of $366,406.28. Following the completion of the sale, the senior vice president now owns 3,086 shares of the company’s stock, valued at approximately $742,923.64. The disclosure for this sale can be found here. Insiders sold 4,370 shares of company stock worth $1,064,413 over the last 90 days. Company insiders own 2.30% of the company’s stock.

About Littelfuse

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.