Littelfuse (LFUS) Receiving Somewhat Favorable News Coverage, Study Shows
Media stories about Littelfuse (NASDAQ:LFUS) have been trending somewhat positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Littelfuse earned a media sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the technology company an impact score of 46.9983402253025 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment’s analysis:
- Littelfuse, Inc. (LFUS) Expected to Post Earnings of $1.69 Per Share (americanbankingnews.com)
- Littelfuse, Inc. :LFUS-US: Earnings Analysis: Q3, 2017 By the Numbers : November 6, 2017 (finance.yahoo.com)
- Littelfuse, Inc. (LFUS) Forecasted to Post FY2017 Earnings of $7.57 Per Share (americanbankingnews.com)
- FY2017 EPS Estimates for Littelfuse, Inc. (LFUS) Reduced by Barrington Research (americanbankingnews.com)
- Littelfuse, Inc. (LFUS) Earns Buy Rating from Robert W. Baird (americanbankingnews.com)
A number of research analysts recently issued reports on the company. Zacks Investment Research downgraded Littelfuse from a “hold” rating to a “sell” rating in a report on Tuesday. Robert W. Baird restated a “buy” rating and set a $230.00 price target on shares of Littelfuse in a report on Friday, November 3rd. Oppenheimer Holdings, Inc. restated a “hold” rating on shares of Littelfuse in a report on Wednesday, November 1st. Stifel Nicolaus restated a “hold” rating and set a $185.00 price target on shares of Littelfuse in a report on Friday, October 6th. Finally, CIBC restated a “market perform” rating on shares of Littelfuse in a report on Friday, October 13th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $203.80.
Littelfuse (NASDAQ LFUS) traded down $0.62 during trading on Wednesday, reaching $190.10. The company’s stock had a trading volume of 24,557 shares, compared to its average volume of 195,397. The company has a market cap of $4,283.06, a PE ratio of 25.21, a price-to-earnings-growth ratio of 1.66 and a beta of 0.93. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.75 and a current ratio of 3.36. Littelfuse has a fifty-two week low of $136.40 and a fifty-two week high of $212.54.
Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, November 1st. The technology company reported $2.12 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.98 by $0.14. The firm had revenue of $317.90 million during the quarter, compared to analysts’ expectations of $319.20 million. Littelfuse had a return on equity of 19.62% and a net margin of 13.12%. The company’s revenue was up 13.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.87 earnings per share. equities analysts forecast that Littelfuse will post 7.57 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 7th. Shareholders of record on Wednesday, November 22nd will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Tuesday, November 21st. This represents a $1.48 dividend on an annualized basis and a yield of 0.78%. Littelfuse’s payout ratio is currently 21.57%.
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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