Ethan Allen Interiors Inc. (ETH) Releases Q1 Earnings Guidance
Ethan Allen Interiors Inc. (NYSE:ETH) updated its first quarter earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of $0.27-0.28 for the period, compared to the Thomson Reuters consensus estimate of $0.45. The company issued revenue guidance of $181.3 million, compared to the consensus revenue estimate of $198.38 million.
A number of brokerages recently weighed in on ETH. BidaskClub cut Ethan Allen Interiors from a buy rating to a hold rating in a report on Wednesday, August 23rd. TheStreet raised Ethan Allen Interiors from a c+ rating to a b- rating in a report on Thursday, June 29th. Three investment analysts have rated the stock with a hold rating, one has given a buy rating and one has issued a strong buy rating to the stock. Ethan Allen Interiors presently has an average rating of Buy and a consensus price target of $33.00.
Ethan Allen Interiors Inc. (ETH) opened at 30.50 on Thursday. The stock has a market capitalization of $837.13 million, a PE ratio of 23.64 and a beta of 1.20. The company’s 50 day moving average price is $30.43 and its 200-day moving average price is $30.14. Ethan Allen Interiors Inc. has a one year low of $26.75 and a one year high of $38.80.
Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings data on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.42. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. The business had revenue of $194.90 million for the quarter, compared to the consensus estimate of $194.94 million. During the same period in the prior year, the business posted $0.57 earnings per share. The company’s quarterly revenue was down 5.3% compared to the same quarter last year. Analysts expect that Ethan Allen Interiors Inc. will post $1.76 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Tuesday, October 10th will be given a dividend of $0.19 per share. The ex-dividend date of this dividend is Friday, October 6th. This represents a $0.76 dividend on an annualized basis and a yield of 2.49%. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 58.92%.
Ethan Allen Interiors Company Profile
Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.
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