Littelfuse, Inc. (NASDAQ:LFUS) has received a consensus rating of “Buy” from the eight research firms that are covering the stock, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $216.00.
A number of equities analysts have commented on LFUS shares. BidaskClub cut shares of Littelfuse from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, December 6th. Zacks Investment Research raised shares of Littelfuse from a “hold” rating to a “buy” rating and set a $233.00 price target for the company in a research note on Wednesday. Finally, ValuEngine raised shares of Littelfuse from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st.
In other news, Director Ronald L. Schubel sold 250 shares of the company’s stock in a transaction on Wednesday, February 21st. The shares were sold at an average price of $210.00, for a total value of $52,500.00. Following the completion of the sale, the director now owns 24,567 shares of the company’s stock, valued at approximately $5,159,070. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director T J. Chung sold 4,854 shares of the company’s stock in a transaction on Friday, February 16th. The shares were sold at an average price of $207.76, for a total transaction of $1,008,467.04. Following the completion of the sale, the director now directly owns 20,193 shares of the company’s stock, valued at approximately $4,195,297.68. The disclosure for this sale can be found here. Insiders sold a total of 50,389 shares of company stock valued at $10,632,283 in the last ninety days. 1.80% of the stock is owned by corporate insiders.
Shares of Littelfuse (NASDAQ:LFUS) traded up $6.98 during trading hours on Tuesday, reaching $219.40. 113,092 shares of the company traded hands, compared to its average volume of 128,477. The stock has a market capitalization of $5,447.70, a PE ratio of 42.27, a P/E/G ratio of 2.14 and a beta of 0.99. Littelfuse has a 12 month low of $149.81 and a 12 month high of $226.33. The company has a current ratio of 3.52, a quick ratio of 2.90 and a debt-to-equity ratio of 0.53.
Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, January 31st. The technology company reported $1.81 EPS for the quarter, topping the Zacks’ consensus estimate of $1.68 by $0.13. Littelfuse had a net margin of 9.78% and a return on equity of 19.65%. The business had revenue of $304.85 million during the quarter, compared to analysts’ expectations of $299.88 million. During the same quarter in the previous year, the company earned $1.57 EPS. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. equities analysts anticipate that Littelfuse will post 8.53 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 8th. Stockholders of record on Thursday, February 22nd were paid a $0.37 dividend. The ex-dividend date was Wednesday, February 21st. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.67%. Littelfuse’s dividend payout ratio (DPR) is 28.52%.
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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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