Ethan Allen Interiors Receives New Coverage from Analysts at Nomura (ETH)
Analysts at Nomura initiated coverage on shares of Ethan Allen Interiors (NYSE:ETH) in a research report issued to clients and investors on Wednesday, TheFlyOnTheWall.com reports. The firm set a “neutral” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at Gabelli initiated coverage on shares of Ethan Allen Interiors in a research note on Monday, June 9th. They set a “buy” rating and a $30.00 price target on the stock. Analysts at Barrington Research initiated coverage on shares of Ethan Allen Interiors in a research note on Monday, June 2nd. They set a “market perform” rating on the stock. Three equities research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $27.65.
Shares of Ethan Allen Interiors (NYSE:ETH) traded up 0.30% on Wednesday, hitting $23.24. 220,978 shares of the company’s stock traded hands. Ethan Allen Interiors has a 52 week low of $22.83 and a 52 week high of $31.52. The stock has a 50-day moving average of $24.30 and a 200-day moving average of $25.10. The company has a market cap of $672.2 million and a P/E ratio of 19.97.
Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings data on Tuesday, April 22nd. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.01. The company had revenue of $173.10 million for the quarter, compared to the consensus estimate of $170.79 million. During the same quarter in the previous year, the company posted $0.21 earnings per share. The company’s revenue for the quarter was up 3.0% on a year-over-year basis. On average, analysts predict that Ethan Allen Interiors will post $1.34 earnings per share for the current fiscal year.
Ethan Allen Interiors Inc (NYSE:ETH) through its wholly owned subsidiary, Ethan Allen Global, Inc and Ethan Allen Global, Inc’s subsidiaries, is a manufacturer and retailer of home furnishings and accessories, offering a complement of home decorating and design solutions through home furnishing retail networks.
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