Littelfuse (NASDAQ:LFUS) Releases Q1 Earnings Guidance


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Littelfuse (NASDAQ:LFUS) issued an update on its first quarter earnings guidance on Tuesday morning. The company provided earnings per share guidance of $1.76-1.92 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.87. The company issued revenue guidance of $418-432 million, compared to the consensus revenue estimate of $425.37 million.

LFUS opened at $276.89 on Tuesday. The firm has a market capitalization of $6.75 billion, a P/E ratio of 72.87, a price-to-earnings-growth ratio of 3.17 and a beta of 1.17. Littelfuse has a one year low of $103.63 and a one year high of $287.92. The company has a fifty day moving average price of $268.69 and a 200-day moving average price of $222.27. The company has a debt-to-equity ratio of 0.47, a current ratio of 4.90 and a quick ratio of 3.86.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings results on Wednesday, February 3rd. The technology company reported $2.23 earnings per share for the quarter, beating the consensus estimate of $1.58 by $0.65. The firm had revenue of $401.00 million for the quarter, compared to analysts’ expectations of $374.40 million. Littelfuse had a return on equity of 8.76% and a net margin of 6.77%. The business’s revenue was up 18.5% on a year-over-year basis. On average, analysts expect that Littelfuse will post 5.66 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 4th. Stockholders of record on Thursday, February 18th will be given a dividend of $0.48 per share. This represents a $1.92 annualized dividend and a dividend yield of 0.69%. The ex-dividend date is Wednesday, February 17th. Littelfuse’s dividend payout ratio (DPR) is currently 28.15%.

A number of equities analysts recently commented on the stock. Zacks Investment Research upgraded shares of Littelfuse from a hold rating to a strong-buy rating and set a $289.00 target price on the stock in a research report on Thursday, December 24th. TheStreet upgraded Littelfuse from a c+ rating to a b rating in a report on Monday, November 2nd. Three analysts have rated the stock with a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company’s stock. Littelfuse has an average rating of Buy and a consensus price target of $224.00.

In other news, Director Gordon Hunter sold 5,000 shares of the business’s stock in a transaction on Thursday, January 7th. The shares were sold at an average price of $265.00, for a total transaction of $1,325,000.00. Following the sale, the director now owns 28,201 shares in the company, valued at approximately $7,473,265. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Nathan Zommer sold 10,000 shares of the company’s stock in a transaction dated Thursday, December 10th. The stock was sold at an average price of $244.27, for a total transaction of $2,442,700.00. Following the completion of the sale, the director now directly owns 281,792 shares in the company, valued at $68,833,331.84. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 45,869 shares of company stock worth $11,730,274. Insiders own 3.20% of the company’s stock.

Littelfuse Company Profile

Littelfuse, Inc manufactures and sells circuit protection, power control, and sensing products in the Asia-Pacific, the Americas, and Europe. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, solid state relays, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, gas discharge tubes, and position, fluid, and temperature sensors; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors, integrated circuits, silicon carbide diodes, and insulated gate bipolar transistors.

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Earnings History and Estimates for Littelfuse (NASDAQ:LFUS)

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