$0.40 EPS Expected for Ethan Allen Interiors Inc. (NYSE:ETH) This Quarter

Analysts expect that Ethan Allen Interiors Inc. (NYSE:ETH) will announce earnings of $0.40 per share for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Ethan Allen Interiors’ earnings. The lowest EPS estimate is $0.38 and the highest is $0.42. Ethan Allen Interiors reported earnings per share of $0.46 during the same quarter last year, which suggests a negative year over year growth rate of 13%. The company is expected to issue its next earnings results on Monday, January 27th.

According to Zacks, analysts expect that Ethan Allen Interiors will report full year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.49 to $1.54. For the next fiscal year, analysts forecast that the company will report earnings of $1.60 per share, with EPS estimates ranging from $1.58 to $1.61. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research firms that cover Ethan Allen Interiors.

Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Monday, November 4th. The company reported $0.35 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.35. Ethan Allen Interiors had a net margin of 4.23% and a return on equity of 11.39%. The firm had revenue of $173.92 million for the quarter, compared to analysts’ expectations of $174.07 million. During the same quarter in the previous year, the business posted $0.33 EPS. The company’s quarterly revenue was down 7.4% on a year-over-year basis.

Several equities analysts have recently issued reports on ETH shares. TheStreet raised Ethan Allen Interiors from a “c” rating to a “b-” rating in a research report on Friday. ValuEngine lowered Ethan Allen Interiors from a “sell” rating to a “strong sell” rating in a research report on Tuesday, November 5th. Zacks Investment Research lowered Ethan Allen Interiors from a “hold” rating to a “sell” rating in a research report on Tuesday, November 12th. Finally, Telsey Advisory Group lowered their price target on Ethan Allen Interiors from $20.00 to $19.00 and set a “market perform” rating for the company in a research report on Tuesday, November 5th. Two research analysts have rated the stock with a sell rating and three have assigned a hold rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $20.15.

In other news, SVP Daniel M. Grow sold 1,500 shares of Ethan Allen Interiors stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $19.24, for a total value of $28,860.00. Following the completion of the transaction, the senior vice president now owns 4,214 shares of the company’s stock, valued at approximately $81,077.36. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 10.40% of the stock is owned by insiders.

Several institutional investors and hedge funds have recently bought and sold shares of ETH. Janney Montgomery Scott LLC purchased a new position in Ethan Allen Interiors in the 2nd quarter worth about $476,000. Invesco Ltd. raised its position in Ethan Allen Interiors by 4.3% in the 2nd quarter. Invesco Ltd. now owns 633,322 shares of the company’s stock worth $13,338,000 after buying an additional 26,395 shares during the last quarter. AXA raised its position in Ethan Allen Interiors by 14.6% in the 2nd quarter. AXA now owns 14,100 shares of the company’s stock worth $297,000 after buying an additional 1,800 shares during the last quarter. Bank of Montreal Can raised its position in Ethan Allen Interiors by 24.9% in the 2nd quarter. Bank of Montreal Can now owns 10,071 shares of the company’s stock worth $212,000 after buying an additional 2,009 shares during the last quarter. Finally, Jennison Associates LLC raised its position in Ethan Allen Interiors by 52.0% in the 2nd quarter. Jennison Associates LLC now owns 72,121 shares of the company’s stock worth $1,519,000 after buying an additional 24,672 shares during the last quarter. 92.89% of the stock is owned by hedge funds and other institutional investors.

Shares of ETH stock traded down $0.31 during mid-day trading on Thursday, reaching $18.56. 167,293 shares of the company’s stock traded hands, compared to its average volume of 265,511. The company’s 50-day moving average price is $19.10 and its 200-day moving average price is $19.80. The company has a quick ratio of 0.51, a current ratio of 1.46 and a debt-to-equity ratio of 0.32. The company has a market cap of $508.12 million, a P/E ratio of 11.90 and a beta of 0.94. Ethan Allen Interiors has a 12 month low of $16.63 and a 12 month high of $23.11.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Stockholders of record on Thursday, January 9th will be given a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 4.53%. The ex-dividend date is Wednesday, January 8th. Ethan Allen Interiors’s dividend payout ratio is presently 53.85%.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.

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Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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