Analysts Expect Littelfuse, Inc. (NASDAQ:LFUS) Will Post Earnings of $4.04 Per Share

Equities research analysts expect Littelfuse, Inc. (NASDAQ:LFUS – Get Rating) to post earnings per share of $4.04 for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Littelfuse’s earnings. The lowest EPS estimate is $3.98 and the highest is $4.07. Littelfuse posted earnings per share of $3.41 in the same quarter last year, which suggests a positive year-over-year growth rate of 18.5%. The business is scheduled to announce its next quarterly earnings results on Monday, January 1st.

On average, analysts expect that Littelfuse will report full-year earnings of $16.66 per share for the current fiscal year, with EPS estimates ranging from $16.00 to $17.08. For the next year, analysts expect that the company will post earnings of $15.87 per share, with EPS estimates ranging from $15.39 to $16.65. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of sell-side research analysts that follow Littelfuse.

Littelfuse (NASDAQ:LFUS – Get Rating) last announced its quarterly earnings data on Tuesday, May 3rd. The technology company reported $4.99 earnings per share for the quarter, beating the consensus estimate of $3.24 by $1.75. Littelfuse had a return on equity of 20.75% and a net margin of 15.34%. The business had revenue of $623.30 million during the quarter, compared to analyst estimates of $573.74 million. During the same period in the prior year, the company earned $2.67 earnings per share. Littelfuse’s revenue was up 34.4% compared to the same quarter last year.

A number of research analysts have weighed in on the company. Zacks Investment Research raised Littelfuse from a “hold” rating to a “strong-buy” rating and set a $296.00 target price for the company in a report on Tuesday, May 10th. Robert W. Baird decreased their target price on shares of Littelfuse from $325.00 to $307.00 in a report on Thursday, February 3rd. Finally, StockNews.com raised shares of Littelfuse from a “hold” rating to a “buy” rating in a report on Wednesday, May 11th. One investment analyst has rated the stock with a hold rating, three have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $305.75.

NASDAQ LFUS traded down $2.93 on Tuesday, hitting $261.07. 103,765 shares of the stock traded hands, compared to its average volume of 104,761. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 18.96, a PEG ratio of 1.30 and a beta of 1.20. Littelfuse has a 12 month low of $223.31 and a 12 month high of $334.84. The company has a debt-to-equity ratio of 0.30, a quick ratio of 2.32 and a current ratio of 3.61. The business’s fifty day moving average is $246.58 and its two-hundred day moving average is $272.70.

The business also recently declared a quarterly dividend, which will be paid on Thursday, June 9th. Stockholders of record on Thursday, May 26th will be issued a $0.53 dividend. This represents a $2.12 dividend on an annualized basis and a dividend yield of 0.81%. The ex-dividend date of this dividend is Wednesday, May 25th. Littelfuse’s payout ratio is 15.40%.

In other news, SVP Deepak Nayar sold 4,873 shares of the stock in a transaction on Monday, May 9th. The shares were sold at an average price of $255.26, for a total value of $1,243,881.98. Following the transaction, the senior vice president now owns 8,077 shares of the company’s stock, valued at approximately $2,061,735.02. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 2.40% of the stock is owned by corporate insiders.

Several large investors have recently modified their holdings of LFUS. Personal CFO Solutions LLC grew its holdings 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 purchasing an additional 33 shares during the last quarter. TownSquare Capital LLC grew its holdings in shares of Littelfuse by 1.5% during the 3rd quarter. TownSquare Capital LLC now owns 2,347 shares of the technology company’s stock valued at $641,000 after purchasing an additional 35 shares during the last quarter. Synovus Financial Corp grew its holdings in shares of Littelfuse by 4.0% during the 4th quarter. Synovus Financial Corp now owns 1,024 shares of the technology company’s stock valued at $322,000 after purchasing an additional 39 shares during the last quarter. Captrust Financial Advisors boosted its position in Littelfuse by 18.6% during the 3rd quarter. Captrust Financial Advisors now owns 274 shares of the technology company’s stock valued at $75,000 after buying an additional 43 shares during the period. Finally, Fieldpoint Private Securities LLC boosted its position in Littelfuse by 0.3% during the 1st quarter. Fieldpoint Private Securities LLC now owns 15,327 shares of the technology company’s stock valued at $3,823,000 after buying an additional 43 shares during the period. 95.22% of the stock is currently owned by hedge funds and other institutional investors.

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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