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Investment analysts at Telsey Advisory Group lowered their target price on shares of Ethan Allen Interiors (NYSE:ETH) to $30.00 in a note issued to investors on Monday. Telsey Advisory Group’s price objective suggests a potential upside of 31.41% from the stock’s previous close.

Shares of Ethan Allen Interiors (NYSE:ETH) traded up 0.07% on Monday, hitting $22.845. 49,679 shares of the company’s stock traded hands. Ethan Allen Interiors has a one year low of $22.06 and a one year high of $31.52. The stock’s 50-day moving average is $24. and its 200-day moving average is $25.03. The company has a market cap of $660.8 million and a price-to-earnings ratio of 19.68.

Ethan Allen Interiors (NYSE:ETH) last released its earnings data on Tuesday, April 22nd. The company reported $0.22 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.21 earnings per share. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Analysts expect that Ethan Allen Interiors will post $1.34 EPS for the current fiscal year.

A number of other firms have also recently commented on ETH. Analysts at Nomura initiated coverage on shares of Ethan Allen Interiors in a research note on Wednesday, July 16th. They set a “neutral” rating and a $26.00 price target on the stock. Separately, 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. Finally, 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 analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $27.83.

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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