Equities research analysts expect Littelfuse, Inc. (NASDAQ:LFUS) to announce sales of $390.55 million for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for Littelfuse’s earnings, with estimates ranging from $389.91 million to $391.30 million. Littelfuse reported sales of $285.44 million during the same quarter last year, which indicates a positive year over year growth rate of 36.8%. The firm is expected to report its next quarterly earnings results on Wednesday, May 2nd.
According to Zacks, analysts expect that Littelfuse will report full-year sales of $390.55 million for the current financial year, with estimates ranging from $1.58 billion to $1.68 billion. For the next year, analysts expect that the business will post sales of $1.75 billion per share, with estimates ranging from $1.68 billion to $1.79 billion. Zacks’ sales calculations are a mean average based on a survey of research analysts that follow Littelfuse.
Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.81 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.68 by $0.13. The company had revenue of $304.85 million for the quarter, compared to analysts’ expectations of $299.88 million. Littelfuse had a return on equity of 19.65% and a net margin of 9.78%. The business’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.57 earnings per share.
Littelfuse (NASDAQ LFUS) remained flat at $$210.15 on Thursday. 58,126 shares of the company traded hands, compared to its average volume of 192,827. The company has a market cap of $4,773.35, a P/E ratio of 40.49, a PEG ratio of 2.05 and a beta of 0.97. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.52 and a quick ratio of 2.90. Littelfuse has a 1-year low of $149.81 and a 1-year high of $226.33.
The company also recently announced a quarterly dividend, which will be paid on Thursday, March 8th. Investors of record on Thursday, February 22nd will be issued a dividend of $0.37 per share. The ex-dividend date is Wednesday, February 21st. This represents a $1.48 annualized dividend and a yield of 0.70%. Littelfuse’s payout ratio is 28.52%.
In related news, SVP Michael P. Rutz sold 968 shares of the business’s stock in a transaction that occurred on Thursday, February 15th. The stock was sold at an average price of $205.00, for a total transaction of $198,440.00. Following the sale, the senior vice president now owns 4,842 shares of the company’s stock, valued at $992,610. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Ian Highley sold 9,378 shares of the company’s stock in a transaction on Monday, February 5th. The shares were sold at an average price of $212.50, for a total value of $1,992,825.00. Following the completion of the transaction, the senior vice president now directly owns 4,121 shares in the company, valued at approximately $875,712.50. The disclosure for this sale can be found here. In the last three months, insiders have sold 23,659 shares of company stock worth $4,975,622. 1.80% of the stock is owned by corporate insiders.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Vaughan Nelson Investment Management L.P. increased its holdings in shares of Littelfuse by 31.3% in the third quarter. Vaughan Nelson Investment Management L.P. now owns 471,038 shares of the technology company’s stock valued at $92,267,000 after buying an additional 112,360 shares in the last quarter. Moody Aldrich Partners LLC increased its holdings in shares of Littelfuse by 14.8% in the third quarter. Moody Aldrich Partners LLC now owns 9,916 shares of the technology company’s stock valued at $1,942,000 after buying an additional 1,276 shares in the last quarter. Nationwide Fund Advisors increased its holdings in shares of Littelfuse by 1.9% in the third quarter. Nationwide Fund Advisors now owns 105,823 shares of the technology company’s stock valued at $20,729,000 after buying an additional 2,000 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Littelfuse by 3.4% in the third quarter. Ameriprise Financial Inc. now owns 99,366 shares of the technology company’s stock valued at $19,465,000 after buying an additional 3,250 shares in the last quarter. Finally, California Public Employees Retirement System increased its holdings in shares of Littelfuse by 7.3% in the third quarter. California Public Employees Retirement System now owns 61,574 shares of the technology company’s stock valued at $12,061,000 after buying an additional 4,174 shares in the last quarter. 99.17% of the stock is currently owned by institutional investors.
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Littelfuse Company Profile
Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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