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

Analysts expect Littelfuse, Inc. (NASDAQ:LFUSGet Rating) to post earnings per share of $3.63 for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Littelfuse’s earnings. The highest EPS estimate is $3.80 and the lowest is $3.48. Littelfuse reported earnings per share of $3.41 during the same quarter last year, which suggests a positive year-over-year growth rate of 6.5%. The company is scheduled to issue its next quarterly earnings report on Monday, January 1st.

On average, analysts expect that Littelfuse will report full year earnings of $13.95 per share for the current fiscal year, with EPS estimates ranging from $13.73 to $14.05. For the next financial year, analysts forecast that the company will report earnings of $14.42 per share, with EPS estimates ranging from $13.95 to $14.80. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Littelfuse.

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

A number of research firms have recently commented on LFUS. StockNews.com began coverage on shares of Littelfuse in a research note on Thursday, March 31st. They set a “hold” rating for the company. Zacks Investment Research raised shares of Littelfuse from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Robert W. Baird dropped their price objective on shares of Littelfuse from $325.00 to $307.00 in a research note on Thursday, February 3rd. Three investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Littelfuse has an average rating of “Hold” and a consensus target price of $314.50.

In related news, Director William P. Noglows sold 832 shares of the stock in a transaction that occurred on Tuesday, February 8th. The shares were sold at an average price of $256.31, for a total transaction of $213,249.92. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 2.40% of the stock is currently owned by corporate insiders.

A number of large investors have recently modified their holdings of the business. Personal CFO Solutions LLC boosted its stake in shares of Littelfuse by 3.0% during the 3rd quarter. Personal CFO Solutions LLC now owns 1,125 shares of the technology company’s stock valued at $307,000 after buying an additional 33 shares during the last quarter. TownSquare Capital LLC lifted its stake in Littelfuse by 1.5% during the third quarter. TownSquare Capital LLC now owns 2,347 shares of the technology company’s stock worth $641,000 after purchasing an additional 35 shares during the last quarter. Synovus Financial Corp lifted its stake in Littelfuse by 4.0% during the fourth quarter. Synovus Financial Corp now owns 1,024 shares of the technology company’s stock worth $322,000 after purchasing an additional 39 shares during the last quarter. Captrust Financial Advisors lifted its stake in Littelfuse by 18.6% during the third quarter. Captrust Financial Advisors now owns 274 shares of the technology company’s stock worth $75,000 after purchasing an additional 43 shares during the last quarter. Finally, Fieldpoint Private Securities LLC lifted its stake in Littelfuse by 0.3% during the first quarter. Fieldpoint Private Securities LLC now owns 15,327 shares of the technology company’s stock worth $3,823,000 after purchasing an additional 43 shares during the last quarter. 95.22% of the stock is owned by institutional investors.

NASDAQ:LFUS opened at $235.45 on Wednesday. The firm has a market cap of $5.81 billion, a price-to-earnings ratio of 20.67, a price-to-earnings-growth ratio of 1.37 and a beta of 1.20. The company has a current ratio of 2.92, a quick ratio of 1.90 and a debt-to-equity ratio of 0.32. The company’s 50-day moving average is $243.11 and its two-hundred day moving average is $276.73. Littelfuse has a 12-month low of $223.31 and a 12-month high of $334.84.

Littelfuse Company Profile (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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