Wall Street analysts predict that Littelfuse, Inc. (NASDAQ:LFUS) will post earnings per share of $1.67 for the current fiscal quarter, according to Zacks. Four analysts have provided estimates for Littelfuse’s earnings. The highest EPS estimate is $1.68 and the lowest is $1.65. Littelfuse posted earnings of $1.57 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 6.4%. The firm is expected to announce its next quarterly earnings report on Wednesday, February 7th.

On average, analysts expect that Littelfuse will report full year earnings of $7.57 per share for the current financial year, with EPS estimates ranging from $7.55 to $7.58. For the next fiscal year, analysts expect that the business will report earnings of $8.21 per share, with EPS estimates ranging from $8.05 to $8.53. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side analysts that cover Littelfuse.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, November 1st. The technology company reported $2.12 earnings per share for the quarter, beating the consensus estimate of $1.98 by $0.14. The business had revenue of $317.90 million during the quarter, compared to the consensus estimate of $319.20 million. Littelfuse had a net margin of 13.12% and a return on equity of 19.62%. The business’s quarterly revenue was up 13.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.87 earnings per share.

Several brokerages have recently weighed in on LFUS. Zacks Investment Research downgraded shares of Littelfuse from a “buy” rating to a “hold” rating in a research note on Tuesday, October 31st. CIBC restated a “market perform” rating on shares of Littelfuse in a research note on Friday, October 13th. Oppenheimer downgraded shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research note on Friday, October 13th. UBS downgraded shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research note on Friday, October 13th. Finally, Robert W. Baird reiterated a “buy” rating and set a $202.00 price objective on shares of Littelfuse in a research note on Thursday, October 12th. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of $211.25.

A number of hedge funds and other institutional investors have recently bought and sold shares of LFUS. Koch Industries Inc. bought a new position in Littelfuse during the 2nd quarter valued at $376,000. Principal Financial Group Inc. boosted its stake in Littelfuse by 97.3% during the 2nd quarter. Principal Financial Group Inc. now owns 451,428 shares of the technology company’s stock valued at $74,486,000 after acquiring an additional 222,636 shares during the last quarter. Allianz Asset Management GmbH bought a new position in Littelfuse during the 3rd quarter valued at $33,900,000. Pictet Asset Management Ltd. boosted its stake in Littelfuse by 66.4% during the 3rd quarter. Pictet Asset Management Ltd. now owns 431,838 shares of the technology company’s stock valued at $84,588,000 after acquiring an additional 172,338 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. boosted its stake in Littelfuse by 31.3% during the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 471,038 shares of the technology company’s stock valued at $92,267,000 after acquiring an additional 112,360 shares during the last quarter. Hedge funds and other institutional investors own 99.17% of the company’s stock.

Shares of Littelfuse (LFUS) traded down $0.91 during mid-day trading on Thursday, hitting $193.04. 170,208 shares of the stock traded hands, compared to its average volume of 136,359. The stock has a market capitalization of $4,426.84, a P/E ratio of 26.06, a PEG ratio of 1.72 and a beta of 0.91. The company has a quick ratio of 2.75, a current ratio of 3.36 and a debt-to-equity ratio of 0.53. Littelfuse has a fifty-two week low of $146.94 and a fifty-two week high of $215.00.

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 7th. Shareholders of record on Wednesday, November 22nd were paid a dividend of $0.37 per share. The ex-dividend date of this dividend was Tuesday, November 21st. This represents a $1.48 dividend on an annualized basis and a yield of 0.77%. Littelfuse’s dividend payout ratio (DPR) is 21.57%.

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Littelfuse Company Profile

Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.

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Earnings History and Estimates for Littelfuse (NASDAQ:LFUS)

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