Ethan Allen Interiors (NYSE:ETD) Given Market Perform Rating at Telsey Advisory Group

Ethan Allen Interiors (NYSE:ETD)‘s stock had its “market perform” rating reissued by investment analysts at Telsey Advisory Group in a report released on Thursday, Benzinga reports. They currently have a $30.00 price target on the stock. Telsey Advisory Group’s target price suggests a potential upside of 4.09% from the stock’s previous close. Telsey Advisory Group also issued estimates for Ethan Allen Interiors’ Q1 2025 earnings at $0.59 EPS, Q2 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.70 EPS and FY2026 earnings at $2.70 EPS.

Ethan Allen Interiors Stock Performance

Shares of NYSE ETD opened at $28.82 on Thursday. Ethan Allen Interiors has a 52-week low of $24.76 and a 52-week high of $36.19. The firm has a market capitalization of $732.03 million, a price-to-earnings ratio of 10.48 and a beta of 1.22. The stock has a 50 day moving average price of $32.49 and a 200 day moving average price of $30.31.

Ethan Allen Interiors (NYSE:ETD) last issued its earnings results on Wednesday, April 24th. The company reported $0.48 earnings per share for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.18). Ethan Allen Interiors had a net margin of 10.63% and a return on equity of 14.99%. The firm had revenue of $146.42 million for the quarter, compared to the consensus estimate of $168.15 million. During the same period last year, the firm earned $0.86 earnings per share. The company’s revenue for the quarter was down 21.4% on a year-over-year basis. Analysts forecast that Ethan Allen Interiors will post 2.7 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. AJOVista LLC purchased a new stake in shares of Ethan Allen Interiors in the 4th quarter worth approximately $41,000. PNC Financial Services Group Inc. lifted its stake in shares of Ethan Allen Interiors by 171.8% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,563 shares of the company’s stock worth $136,000 after purchasing an additional 2,884 shares during the last quarter. Kovitz Investment Group Partners LLC bought a new stake in Ethan Allen Interiors during the third quarter valued at about $203,000. Arizona State Retirement System purchased a new position in Ethan Allen Interiors in the fourth quarter valued at about $204,000. Finally, Evergreen Capital Management LLC bought a new position in Ethan Allen Interiors in the third quarter worth about $213,000. Hedge funds and other institutional investors own 83.80% of the company’s stock.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in 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 comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent 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.