Ethan Allen Interiors Inc. (NYSE:ETD – Get Free Report) CEO M Farooq Kathwari sold 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 17th. The stock was sold at an average price of $31.05, for a total transaction of $310,500.00. Following the transaction, the chief executive officer now owns 1,715,193 shares in the company, valued at $53,256,742.65. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.
Ethan Allen Interiors Price Performance
NYSE:ETD opened at $29.59 on Monday. The firm’s fifty day moving average price is $28.28 and its 200 day moving average price is $30.22. Ethan Allen Interiors Inc. has a 1-year low of $25.33 and a 1-year high of $36.19. The firm has a market cap of $751.94 million, a price-to-earnings ratio of 10.76 and a beta of 1.28.
Ethan Allen Interiors (NYSE:ETD – Get Free Report) last posted its quarterly earnings data 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 14.93%. The firm had revenue of $146.42 million during the quarter, compared to analysts’ expectations of $168.15 million. During the same quarter last year, the business earned $0.86 earnings per share. The business’s quarterly revenue was down 21.4% on a year-over-year basis. As a group, analysts expect that Ethan Allen Interiors Inc. will post 2.32 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Ethan Allen Interiors
Wall Street Analyst Weigh In
Separately, Telsey Advisory Group restated a “market perform” rating and set a $30.00 target price on shares of Ethan Allen Interiors in a research report on Thursday, April 25th.
Check Out Our Latest Research Report on Ethan Allen Interiors
About Ethan Allen Interiors
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.
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