Wall Street analysts forecast that Littelfuse, Inc. (NASDAQ:LFUS) will report $358.59 million in sales for the current quarter, according to Zacks. Five analysts have issued estimates for Littelfuse’s earnings, with the lowest sales estimate coming in at $356.84 million and the highest estimate coming in at $360.02 million. Littelfuse reported sales of $405.50 million in the same quarter last year, which indicates a negative year-over-year growth rate of 11.6%. The business is scheduled to report its next quarterly earnings report on Wednesday, May 6th.
On average, analysts expect that Littelfuse will report full-year sales of $1.52 billion for the current year, with estimates ranging from $1.49 billion to $1.53 billion. For the next year, analysts expect that the firm will report sales of $1.62 billion, with estimates ranging from $1.60 billion to $1.66 billion. Zacks’ sales calculations are a mean average based on a survey of sell-side analysts that follow Littelfuse.
Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, January 29th. The technology company reported $1.17 EPS for the quarter, topping the Zacks’ consensus estimate of $1.15 by $0.02. The firm had revenue of $338.50 million during the quarter, compared to analysts’ expectations of $340.40 million. Littelfuse had a return on equity of 11.32% and a net margin of 9.25%. The company’s quarterly revenue was down 15.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.87 EPS.
In related news, Director William P. Noglows sold 623 shares of the business’s stock in a transaction on Wednesday, February 12th. The stock was sold at an average price of $185.71, for a total transaction of $115,697.33. Following the completion of the transaction, the director now owns 24,307 shares in the company, valued at approximately $4,514,052.97. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Michael P. Rutz sold 200 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $182.56, for a total value of $36,512.00. Following the transaction, the senior vice president now owns 6,246 shares of the company’s stock, valued at approximately $1,140,269.76. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 72,629 shares of company stock valued at $13,836,345. 3.50% of the stock is owned by company insiders.
A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Carroll Financial Associates Inc. lifted its holdings in shares of Littelfuse by 652.2% in the 4th quarter. Carroll Financial Associates Inc. now owns 173 shares of the technology company’s stock worth $33,000 after buying an additional 150 shares during the period. Evoke Wealth LLC purchased a new stake in shares of Littelfuse in the 3rd quarter worth $32,000. Americana Partners LLC purchased a new stake in shares of Littelfuse in the 4th quarter worth $48,000. Institutional & Family Asset Management LLC lifted its holdings in shares of Littelfuse by 35.5% in the 3rd quarter. Institutional & Family Asset Management LLC now owns 382 shares of the technology company’s stock worth $68,000 after buying an additional 100 shares during the period. Finally, Integrated Investment Consultants LLC purchased a new stake in shares of Littelfuse in the 4th quarter worth $204,000. Institutional investors own 95.69% of the company’s stock.
Shares of Littelfuse stock traded up $1.65 on Friday, reaching $187.30. The company had a trading volume of 94,995 shares, compared to its average volume of 122,794. The firm has a market cap of $4.50 billion, a price-to-earnings ratio of 33.51, a P/E/G ratio of 2.48 and a beta of 1.11. The company has a debt-to-equity ratio of 0.46, a current ratio of 4.45 and a quick ratio of 3.40. The firm’s 50-day moving average price is $187.41 and its two-hundred day moving average price is $178.98. Littelfuse has a 1 year low of $149.80 and a 1 year high of $206.00.
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 5th. Investors of record on Thursday, February 20th will be issued a dividend of $0.48 per share. This represents a $1.92 dividend on an annualized basis and a yield of 1.03%. The ex-dividend date of this dividend is Wednesday, February 19th. Littelfuse’s payout ratio is currently 28.15%.
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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