Littelfuse Now Covered by Barrington Research (LFUS)
Research analysts at Barrington Research started coverage on shares of Littelfuse (NASDAQ:LFUS) in a report released on Tuesday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.
A number of other firms have also recently commented on LFUS. Analysts at Oppenheimer initiated coverage on shares of Littelfuse in a research note to investors on Thursday, October 3rd. They set a “market perform” rating and a $83.00 price target on the stock. Analysts at Zacks downgraded shares of Littelfuse from an “outperform” rating to a “neutral” rating in a research note to investors on Monday, August 5th. They now have a $86.30 price target on the stock. Three research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $84.43.
Shares of Littelfuse (NASDAQ:LFUS) traded down 1.98% on Tuesday, hitting $74.79. The stock had a trading volume of 70,277 shares. Littelfuse has a 52-week low of $47.75 and a 52-week high of $83.79. The stock has a 50-day moving average of $77.29 and a 200-day moving average of $74.67. The company has a market cap of $1.674 billion and a price-to-earnings ratio of 22.32.
Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, July 31st. The company reported $1.15 EPS for the quarter, beating the Thomson Reuters consensus estimate of $1.12 by $0.03. The company had revenue of $187.77 million for the quarter, compared to the consensus estimate of $187.36 million. During the same quarter in the prior year, the company posted $1.07 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. On average, analysts predict that Littelfuse will post $4.33 earnings per share for the current fiscal year.
Littelfuse, Inc and its subsidiaries (NASDAQ:LFUS), is a supplier of circuit protection products for the electronics, automotive and electrical industries.
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