Ethan Allen Interiors Inc. (NYSE:ETH) released its quarterly earnings results on Wednesday, October 25th. The company reported $0.28 earnings per share for the quarter, hitting the consensus estimate of $0.28, Bloomberg Earnings reports. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The firm had revenue of $181.30 million during the quarter, compared to the consensus estimate of $181.30 million. During the same quarter in the prior year, the firm earned $0.41 EPS. The company’s revenue for the quarter was down 6.2% on a year-over-year basis.
Ethan Allen Interiors (NYSE ETH) traded up $0.35 during trading hours on Friday, hitting $27.55. 633,500 shares of the stock were exchanged, compared to its average volume of 335,317. Ethan Allen Interiors has a twelve month low of $26.45 and a twelve month high of $38.80. The firm has a market capitalization of $747.21, a price-to-earnings ratio of 20.61, a PEG ratio of 1.77 and a beta of 1.43.
A number of equities research analysts have issued reports on ETH shares. BidaskClub upgraded shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating in a report on Tuesday, August 1st. Dougherty & Co upgraded shares of Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Friday, October 13th. Stifel Nicolaus restated a “hold” rating and issued a $27.00 price objective on shares of Ethan Allen Interiors in a report on Friday, October 13th. KeyCorp restated a “hold” rating on shares of Ethan Allen Interiors in a report on Tuesday, October 17th. Finally, TheStreet lowered shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a report on Friday, October 27th. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $33.50.
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About Ethan Allen Interiors
Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.
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