Littelfuse (NASDAQ:LFUS) Releases Q1 2021 Pre-Market Earnings Guidance


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Littelfuse (NASDAQ:LFUS) updated its first quarter 2021
Pre-Market earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 1.76-1.92 for the period, compared to the Thomson Reuters consensus estimate of $1.87. The company issued revenue guidance of $418-432 million, compared to the consensus revenue estimate of $417.87 million.Littelfuse also updated its Q1 guidance to $1.76-1.92 EPS.

A number of research analysts recently weighed in on the company. TheStreet upgraded Littelfuse from a c+ rating to a b rating in a report on Monday, November 2nd. Zacks Investment Research upgraded Littelfuse from a hold rating to a strong-buy rating and set a $289.00 target price on the stock in a report on Thursday, December 24th. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Littelfuse presently has a consensus rating of Buy and an average target price of $224.00.

NASDAQ:LFUS traded down $11.68 during mid-day trading on Tuesday, hitting $265.21. The company had a trading volume of 343 shares, compared to its average volume of 119,139. The business has a fifty day simple moving average of $268.69 and a 200-day simple moving average of $222.27. The company has a current ratio of 4.90, a quick ratio of 3.86 and a debt-to-equity ratio of 0.47. Littelfuse has a 1 year low of $103.63 and a 1 year high of $287.92. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 72.87, a PEG ratio of 3.17 and a beta of 1.17.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings data on Wednesday, February 3rd. The technology company reported $2.23 EPS for the quarter, beating the consensus estimate of $1.58 by $0.65. Littelfuse had a return on equity of 8.76% and a net margin of 6.77%. The company had revenue of $401.00 million for the quarter, compared to analyst estimates of $374.40 million. Littelfuse’s revenue for the quarter was up 18.5% compared to the same quarter last year. As a group, research analysts anticipate that Littelfuse will post 5.66 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 4th. Shareholders of record on Thursday, February 18th will be given a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 0.72%. The ex-dividend date of this dividend is Wednesday, February 17th. Littelfuse’s dividend payout ratio (DPR) is presently 28.15%.

In other news, Director Nathan Zommer sold 7,500 shares of Littelfuse stock in a transaction dated Tuesday, December 1st. The stock was sold at an average price of $241.63, for a total transaction of $1,812,225.00. Following the sale, the director now directly owns 296,047 shares of the company’s stock, valued at $71,533,836.61. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Ryan K. Stafford sold 7,184 shares of Littelfuse stock in a transaction dated Friday, February 12th. The stock was sold at an average price of $275.00, for a total value of $1,975,600.00. Following the sale, the executive vice president now directly owns 28,409 shares in the company, valued at $7,812,475. The disclosure for this sale can be found here. Insiders sold 45,869 shares of company stock worth $11,730,274 over the last three months. 3.20% of the stock is currently owned by corporate insiders.

Littelfuse Company Profile

Littelfuse, Inc manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, solid state relays, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, gas discharge tubes, and position, fluid, and temperature sensors; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors, integrated circuits, silicon carbide diodes, and insulated gate bipolar transistors.

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Earnings History and Estimates for Littelfuse (NASDAQ:LFUS)

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