KeyCorp Weighs in on Ethan Allen Interiors Inc.’s FY2018 Earnings (ETH)

Ethan Allen Interiors Inc. (NYSE:ETH) – Research analysts at KeyCorp boosted their FY2018 EPS estimates for Ethan Allen Interiors in a report released on Wednesday. KeyCorp analyst B. Thomas now expects that the company will earn $1.72 per share for the year, up from their prior forecast of $1.71. KeyCorp has a “Hold” rating on the stock.

ETH has been the subject of a number of other reports. Zacks Investment Research raised Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $33.00 price objective for the company in a research report on Wednesday, December 20th. TheStreet downgraded Ethan Allen Interiors from a “b” rating to a “c+” rating in a research report on Friday, October 27th. Dougherty & Co raised Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective for the company in a research report on Friday, October 13th. Telsey Advisory Group reissued a “market perform” rating and set a $27.00 price objective (down from $33.00) on shares of Ethan Allen Interiors in a research report on Wednesday. Finally, Stifel Nicolaus reissued a “hold” rating and set a $27.00 price objective on shares of Ethan Allen Interiors in a research report on Friday, October 13th. Five equities research analysts have rated the stock with a hold rating, one has given a buy rating and one has given a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $32.20.

Shares of Ethan Allen Interiors (ETH) traded up $0.70 during trading on Thursday, hitting $27.40. The stock had a trading volume of 400,231 shares, compared to its average volume of 372,087. Ethan Allen Interiors has a 1-year low of $25.40 and a 1-year high of $33.92. The firm has a market capitalization of $716.99, a P/E ratio of 23.83, a PEG ratio of 1.66 and a beta of 1.40.

Ethan Allen Interiors (NYSE:ETH) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $0.28 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.28. Ethan Allen Interiors had a return on equity of 9.11% and a net margin of 4.27%. The business had revenue of $181.30 million during the quarter, compared to the consensus estimate of $181.30 million. During the same period in the previous year, the company posted $0.41 earnings per share. The business’s revenue for the quarter was down 6.2% on a year-over-year basis.

Several institutional investors have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd acquired a new position in Ethan Allen Interiors in the third quarter valued at approximately $259,000. SG Americas Securities LLC boosted its holdings in Ethan Allen Interiors by 180.1% in the third quarter. SG Americas Securities LLC now owns 10,864 shares of the company’s stock valued at $352,000 after purchasing an additional 6,986 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in Ethan Allen Interiors in the fourth quarter valued at approximately $311,000. Financial Engines Advisors L.L.C. boosted its holdings in Ethan Allen Interiors by 24.2% in the third quarter. Financial Engines Advisors L.L.C. now owns 11,423 shares of the company’s stock valued at $370,000 after purchasing an additional 2,223 shares in the last quarter. Finally, Stevens Capital Management LP acquired a new position in Ethan Allen Interiors in the third quarter valued at approximately $385,000.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 24th. Stockholders of record on Wednesday, January 10th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 2.77%. The ex-dividend date of this dividend is Tuesday, January 9th. Ethan Allen Interiors’s dividend payout ratio is presently 66.09%.

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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.

Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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