Littelfuse (NASDAQ:LFUS – Get Rating) is scheduled to be announcing its earnings results after the market closes on Tuesday, August 2nd. Analysts expect the company to announce earnings of $4.04 per share for the quarter. Littelfuse has set its Q2 guidance at $3.95-4.11 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.
Littelfuse (NASDAQ:LFUS – Get Rating) last posted its quarterly earnings data on Tuesday, May 3rd. The technology company reported $4.99 EPS for the quarter, topping the consensus estimate of $3.24 by $1.75. Littelfuse had a net margin of 15.34% and a return on equity of 20.75%. The business had revenue of $623.30 million for the quarter, compared to analyst estimates of $573.74 million. During the same quarter in the previous year, the firm posted $2.67 earnings per share. Littelfuse’s quarterly revenue was up 34.4% on a year-over-year basis. On average, analysts expect Littelfuse to post $17 EPS for the current fiscal year and $16 EPS for the next fiscal year.
Littelfuse Trading Up 0.5 %
NASDAQ:LFUS opened at $259.35 on Tuesday. Littelfuse has a one year low of $223.31 and a one year high of $334.84. The company has a debt-to-equity ratio of 0.30, a current ratio of 3.61 and a quick ratio of 2.32. The company’s 50-day simple moving average is $255.92 and its 200 day simple moving average is $254.78. The firm has a market capitalization of $6.42 billion, a P/E ratio of 18.83, a PEG ratio of 1.29 and a beta of 1.16.
Littelfuse Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, June 9th. Investors of record on Thursday, May 26th were paid a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a yield of 0.82%. The ex-dividend date was Wednesday, May 25th. Littelfuse’s payout ratio is currently 15.40%.
Insider Transactions at Littelfuse
In other news, SVP Deepak Nayar sold 4,873 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $2,061,735.02. The sale was disclosed in a legal filing with the SEC, which is available at this link. In other news, SVP Deepak Nayar sold 4,873 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $2,061,735.02. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Gordon Hunter sold 2,074 shares of the business’s stock in a transaction that occurred on Monday, June 6th. The shares were sold at an average price of $279.00, for a total transaction of $578,646.00. Following the transaction, the director now directly owns 24,122 shares of the company’s stock, valued at $6,730,038. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,947 shares of company stock worth $2,361,168. Corporate insiders own 2.40% of the company’s stock.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Point72 Hong Kong Ltd purchased a new position in shares of Littelfuse during the first quarter valued at approximately $33,000. Covestor Ltd increased its holdings in Littelfuse by 91.0% during the first quarter. Covestor Ltd now owns 384 shares of the technology company’s stock valued at $96,000 after buying an additional 183 shares during the last quarter. Captrust Financial Advisors increased its holdings in Littelfuse by 128.1% during the first quarter. Captrust Financial Advisors now owns 780 shares of the technology company’s stock valued at $195,000 after buying an additional 438 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its holdings in Littelfuse by 8.5% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 866 shares of the technology company’s stock valued at $216,000 after buying an additional 68 shares during the last quarter. Finally, Stonebridge Capital Advisors LLC increased its holdings in Littelfuse by 31.4% during the first quarter. Stonebridge Capital Advisors LLC now owns 920 shares of the technology company’s stock valued at $229,000 after buying an additional 220 shares during the last quarter. 95.22% of the stock is owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities research analysts recently commented on LFUS shares. StockNews.com raised shares of Littelfuse from a “hold” rating to a “buy” rating in a research note on Friday, July 15th. Robert W. Baird downgraded shares of Littelfuse from an “outperform” rating to a “neutral” rating and dropped their target price for the stock from $289.00 to $269.00 in a research note on Wednesday, July 6th.
Littelfuse Company Profile
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.