Q2 2018 EPS Estimates for Ethan Allen Interiors Inc. Cut by Analyst (ETH)

Ethan Allen Interiors Inc. (NYSE:ETH) – Stock analysts at Dougherty & Co lowered their Q2 2018 earnings per share (EPS) estimates for Ethan Allen Interiors in a report released on Wednesday. Dougherty & Co analyst J. Hamblin now expects that the company will earn $0.51 per share for the quarter, down from their previous estimate of $0.53. Dougherty & Co has a “Buy” rating and a $35.00 price objective on the stock.

Ethan Allen Interiors (NYSE:ETH) last posted its quarterly earnings results on Wednesday, October 25th. The company reported $0.28 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.28. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The business had revenue of $181.30 million for the quarter, compared to analysts’ expectations of $181.30 million. During the same period in the prior year, the company posted $0.41 EPS. The business’s revenue for the quarter was down 6.2% on a year-over-year basis.

Other equities research analysts have also recently issued reports about the stock. Zacks Investment Research raised shares of Ethan Allen Interiors from a “sell” rating to a “hold” rating in a research note on Tuesday, December 12th. Stifel Nicolaus increased their price objective on shares of Ethan Allen Interiors from $27.00 to $30.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. TheStreet cut shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Friday, October 27th. KeyCorp reissued a “hold” rating on shares of Ethan Allen Interiors in a research note on Tuesday, October 17th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $27.00 price objective (down from $33.00) on shares of Ethan Allen Interiors in a research note on Wednesday. Five investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average price target of $32.20.

Ethan Allen Interiors (NYSE ETH) traded down $2.05 during trading hours on Thursday, hitting $26.10. 1,582,600 shares of the stock were exchanged, compared to its average volume of 360,318. Ethan Allen Interiors has a fifty-two week low of $25.40 and a fifty-two week high of $33.92. The firm has a market cap of $716.99, a PE ratio of 22.70, a PEG ratio of 1.80 and a beta of 1.40.

A number of hedge funds and other institutional investors have recently modified their holdings of ETH. Schwab Charles Investment Management Inc. grew its stake in Ethan Allen Interiors by 23.5% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 207,599 shares of the company’s stock valued at $6,706,000 after acquiring an additional 39,541 shares during the last quarter. Legal & General Group Plc boosted its stake in shares of Ethan Allen Interiors by 8.3% during the 2nd quarter. Legal & General Group Plc now owns 45,875 shares of the company’s stock worth $1,481,000 after purchasing an additional 3,535 shares during the last quarter. Swiss National Bank boosted its stake in shares of Ethan Allen Interiors by 9.5% during the 2nd quarter. Swiss National Bank now owns 43,800 shares of the company’s stock worth $1,415,000 after purchasing an additional 3,800 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Ethan Allen Interiors by 74.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 33,450 shares of the company’s stock worth $1,081,000 after purchasing an additional 14,245 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in shares of Ethan Allen Interiors by 8.1% during the 2nd quarter. Alliancebernstein L.P. now owns 911,697 shares of the company’s stock worth $29,448,000 after purchasing an additional 68,600 shares during the last quarter.

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Investors of record on Wednesday, January 10th will be paid a $0.19 dividend. The ex-dividend date of this dividend is Tuesday, January 9th. This represents a $0.76 dividend on an annualized basis and a yield of 2.91%. Ethan Allen Interiors’s payout ratio is 66.09%.

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Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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