Shares of Littelfuse, Inc. (NASDAQ:LFUS) have received an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, five have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $207.50.

Several analysts have issued reports on LFUS shares. Zacks Investment Research lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a research report on Wednesday, October 4th. Stifel Nicolaus reissued a “hold” rating and issued a $185.00 price objective on shares of Littelfuse in a research report on Friday, October 6th. Robert W. Baird reissued a “buy” rating and issued a $230.00 price objective on shares of Littelfuse in a research report on Friday, November 3rd. CIBC reissued a “market perform” rating on shares of Littelfuse in a research report on Friday, October 13th. Finally, Oppenheimer lowered shares of Littelfuse from an “outperform” rating to a “market perform” rating in a research report on Friday, October 13th.

Several institutional investors and hedge funds have recently modified their holdings of LFUS. Schwab Charles Investment Management Inc. raised its position in shares of Littelfuse by 5.0% in the second quarter. Schwab Charles Investment Management Inc. now owns 123,781 shares of the technology company’s stock valued at $20,424,000 after purchasing an additional 5,844 shares during the period. Legal & General Group Plc raised its position in shares of Littelfuse by 22.4% in the second quarter. Legal & General Group Plc now owns 17,851 shares of the technology company’s stock valued at $2,945,000 after purchasing an additional 3,264 shares during the period. Prudential Financial Inc. increased its position in Littelfuse by 0.4% during the second quarter. Prudential Financial Inc. now owns 17,767 shares of the technology company’s stock worth $2,932,000 after acquiring an additional 75 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Littelfuse by 8.7% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 900 shares of the technology company’s stock worth $149,000 after acquiring an additional 72 shares during the period. Finally, Swiss National Bank increased its position in Littelfuse by 1.3% during the second quarter. Swiss National Bank now owns 37,800 shares of the technology company’s stock worth $6,237,000 after acquiring an additional 500 shares during the period. 99.17% of the stock is currently owned by institutional investors.

Littelfuse (LFUS) traded up $3.86 during midday trading on Monday, reaching $206.45. 126,900 shares of the company’s stock traded hands, compared to its average volume of 106,156. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.36 and a quick ratio of 2.75. Littelfuse has a 1 year low of $148.11 and a 1 year high of $215.00. The company has a market capitalization of $4,689.26, a price-to-earnings ratio of 30.09, a P/E/G ratio of 1.69 and a beta of 0.92.

Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings results on Wednesday, November 1st. The technology company reported $2.12 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.98 by $0.14. Littelfuse had a net margin of 13.12% and a return on equity of 19.62%. The firm had revenue of $317.90 million for the quarter, compared to analyst estimates of $319.20 million. During the same period in the prior year, the firm posted $1.87 earnings per share. The company’s quarterly revenue was up 13.4% compared to the same quarter last year. sell-side analysts expect that Littelfuse will post 7.57 EPS for the current fiscal year.

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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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