Analysts forecast that Littelfuse, Inc. (NASDAQ:LFUS) will report $416.51 million in sales for the current quarter, according to Zacks. Four analysts have made estimates for Littelfuse’s earnings. The highest sales estimate is $419.48 million and the lowest is $415.00 million. Littelfuse reported sales of $459.18 million during the same quarter last year, which indicates a negative year over year growth rate of 9.3%. The business is scheduled to issue its next quarterly earnings results on Wednesday, August 7th.

On average, analysts expect that Littelfuse will report full year sales of $1.66 billion for the current year, with estimates ranging from $1.65 billion to $1.68 billion. For the next year, analysts expect that the business will post sales of $1.74 billion, with estimates ranging from $1.71 billion to $1.79 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that follow Littelfuse.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings data on Wednesday, May 1st. The technology company reported $1.96 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.92 by $0.04. The company had revenue of $405.50 million for the quarter, compared to analyst estimates of $407.53 million. Littelfuse had a return on equity of 15.27% and a net margin of 9.70%. Littelfuse’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter last year, the firm earned $2.39 EPS.

A number of equities research analysts have recently weighed in on LFUS shares. Longbow Research upgraded Littelfuse from a “neutral” rating to a “buy” rating and set a $200.00 target price for the company in a research report on Thursday, January 31st. Zacks Investment Research raised Littelfuse from a “sell” rating to a “hold” rating in a research note on Wednesday, April 3rd. Barrington Research reaffirmed a “hold” rating on shares of Littelfuse in a research report on Tuesday, January 29th. Oppenheimer reduced their price target on Littelfuse from $215.00 to $210.00 and set an “outperform” rating for the company in a research report on Thursday, May 2nd. Finally, Cowen started coverage on Littelfuse in a research note on Tuesday. They issued an “outperform” rating and a $210.00 price objective on the stock. One investment analyst has rated the stock with a sell rating, four have given a hold rating and four have issued a buy rating to the stock. Littelfuse presently has a consensus rating of “Hold” and an average target price of $223.33.

In related news, SVP Ian Highley sold 1,000 shares of the firm’s stock in a transaction on Monday, February 25th. The stock was sold at an average price of $195.98, for a total transaction of $195,980.00. Following the completion of the transaction, the senior vice president now directly owns 3,701 shares of the company’s stock, valued at approximately $725,321.98. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Nathan Zommer sold 7,500 shares of the firm’s stock in a transaction on Tuesday, April 16th. The stock was sold at an average price of $200.00, for a total value of $1,500,000.00. Following the transaction, the director now directly owns 393,286 shares of the company’s stock, valued at $78,657,200. The disclosure for this sale can be found here. In the last three months, insiders have sold 13,747 shares of company stock worth $2,689,372. 3.50% of the stock is currently owned by company insiders.

A number of large investors have recently made changes to their positions in the stock. Wambolt & Associates LLC raised its position in shares of Littelfuse by 4.3% in the 1st quarter. Wambolt & Associates LLC now owns 1,361 shares of the technology company’s stock worth $262,000 after acquiring an additional 56 shares in the last quarter. First Bank & Trust increased its position in Littelfuse by 7.4% in the 4th quarter. First Bank & Trust now owns 942 shares of the technology company’s stock valued at $162,000 after buying an additional 65 shares in the last quarter. Connable Office Inc. increased its position in Littelfuse by 3.5% in the 1st quarter. Connable Office Inc. now owns 2,036 shares of the technology company’s stock valued at $372,000 after buying an additional 68 shares in the last quarter. Private Capital Group LLC increased its position in Littelfuse by 78.4% in the 4th quarter. Private Capital Group LLC now owns 157 shares of the technology company’s stock valued at $27,000 after buying an additional 69 shares in the last quarter. Finally, Fifth Third Bancorp increased its position in Littelfuse by 72.8% in the 1st quarter. Fifth Third Bancorp now owns 197 shares of the technology company’s stock valued at $36,000 after buying an additional 83 shares in the last quarter. 99.49% of the stock is owned by institutional investors and hedge funds.

Littelfuse stock traded down $0.80 on Friday, reaching $170.02. The company’s stock had a trading volume of 6,015 shares, compared to its average volume of 156,924. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.85 and a current ratio of 3.82. The firm has a market cap of $4.20 billion, a P/E ratio of 17.97, a P/E/G ratio of 1.62 and a beta of 0.94. Littelfuse has a twelve month low of $155.15 and a twelve month high of $238.10.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 6th. Investors of record on Thursday, May 23rd will be issued a dividend of $0.43 per share. This represents a $1.72 annualized dividend and a dividend yield of 1.01%. The ex-dividend date of this dividend is Wednesday, May 22nd. Littelfuse’s dividend payout ratio (DPR) is 18.22%.

About Littelfuse

Littelfuse, Inc designs, manufactures, and sells circuit protection, power control, and sensing products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.

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Earnings History and Estimates for Littelfuse (NASDAQ:LFUS)

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