Littelfuse, Inc. (NASDAQ:LFUS) Expected to Announce Earnings of $3.63 Per Share

Analysts expect Littelfuse, Inc. (NASDAQ:LFUSGet Rating) to report earnings per share of $3.63 for the current fiscal quarter, Zacks reports. Three analysts have provided estimates for Littelfuse’s earnings. The highest EPS estimate is $3.80 and the lowest is $3.48. Littelfuse reported earnings of $3.41 per share in the same quarter last year, which would indicate a positive year over year growth rate of 6.5%. The business is expected to announce its next earnings results on Monday, January 1st.

According to Zacks, analysts expect that Littelfuse will report full year earnings of $13.95 per share for the current financial year, with EPS estimates ranging from $13.73 to $14.05. For the next financial year, analysts forecast that the firm will report earnings of $14.42 per share, with EPS estimates ranging from $13.95 to $14.80. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that that provide coverage for Littelfuse.

Littelfuse (NASDAQ:LFUSGet Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The technology company reported $4.99 EPS for the quarter, beating the Zacks’ consensus estimate of $3.24 by $1.75. The firm had revenue of $623.30 million for the quarter, compared to the consensus estimate of $573.74 million. Littelfuse had a net margin of 13.65% and a return on equity of 18.48%. The firm’s revenue was up 34.4% on a year-over-year basis. During the same period in the previous year, the firm posted $2.67 earnings per share.

LFUS has been the subject of several research analyst reports. StockNews.com initiated coverage on shares of Littelfuse in a research note on Thursday, March 31st. They set a “hold” rating for the company. Robert W. Baird cut their target price on shares of Littelfuse from $325.00 to $307.00 in a research note on Thursday, February 3rd. Finally, Zacks Investment Research raised shares of Littelfuse from a “sell” rating to a “hold” rating in a report on Wednesday. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $314.50.

In other Littelfuse news, Director William P. Noglows sold 832 shares of the business’s stock in a transaction on Tuesday, February 8th. The shares were sold at an average price of $256.31, for a total value of $213,249.92. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 2.40% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Jackson Creek Investment Advisors LLC bought a new stake in shares of Littelfuse in the 1st quarter worth about $614,000. Mutual of America Capital Management LLC grew its holdings in Littelfuse by 2.0% during the 1st quarter. Mutual of America Capital Management LLC now owns 22,461 shares of the technology company’s stock worth $5,602,000 after acquiring an additional 432 shares during the last quarter. SG Americas Securities LLC grew its holdings in Littelfuse by 139.3% during the 1st quarter. SG Americas Securities LLC now owns 7,708 shares of the technology company’s stock worth $1,922,000 after acquiring an additional 4,487 shares during the last quarter. GHP Investment Advisors Inc. grew its holdings in Littelfuse by 2.1% during the 1st quarter. GHP Investment Advisors Inc. now owns 23,182 shares of the technology company’s stock worth $5,782,000 after acquiring an additional 466 shares during the last quarter. Finally, Comerica Bank grew its holdings in Littelfuse by 2.2% during the 1st quarter. Comerica Bank now owns 12,299 shares of the technology company’s stock worth $2,910,000 after acquiring an additional 262 shares during the last quarter. 95.22% of the stock is currently owned by institutional investors and hedge funds.

Shares of Littelfuse stock opened at $235.45 on Wednesday. The firm has a fifty day simple moving average of $243.11 and a 200-day simple moving average of $276.73. The company has a current ratio of 2.92, a quick ratio of 1.90 and a debt-to-equity ratio of 0.32. Littelfuse has a 1-year low of $223.31 and a 1-year high of $334.84. The stock has a market capitalization of $5.81 billion, a price-to-earnings ratio of 20.67, a PEG ratio of 1.37 and a beta of 1.20.

About Littelfuse (Get Rating)

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, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.

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Earnings History and Estimates for Littelfuse (NASDAQ:LFUS)

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