Other research analysts also recently issued reports about the company. BidaskClub downgraded Ethan Allen Interiors from a buy rating to a hold rating in a report on Saturday, July 8th. Stifel Nicolaus reaffirmed a hold rating and set a $27.00 target price on shares of Ethan Allen Interiors in a research note on Friday, October 13th. Dougherty & Co raised Ethan Allen Interiors from a neutral rating to a buy rating and set a $35.00 target price for the company in a research note on Friday, October 13th. Finally, KeyCorp reaffirmed a hold rating on shares of Ethan Allen Interiors in a research note on Tuesday, October 17th. Three investment analysts have rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of Buy and an average price target of $33.50.
Shares of Ethan Allen Interiors (NYSE:ETH) opened at $27.45 on Friday. The firm has a market capitalization of $745.84, a PE ratio of 20.57, a PEG ratio of 1.77 and a beta of 1.43. Ethan Allen Interiors has a 52 week low of $26.45 and a 52 week high of $38.80.
Ethan Allen Interiors (NYSE:ETH) last issued its earnings results on Wednesday, October 25th. The company reported $0.28 EPS for the quarter, meeting the Zacks’ consensus estimate of $0.28. The firm had revenue of $181.30 million for the quarter, compared to analyst estimates of $181.30 million. Ethan Allen Interiors had a return on equity of 9.11% and a net margin of 4.27%. Ethan Allen Interiors’s revenue for the quarter was down 6.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.41 earnings per share. analysts forecast that Ethan Allen Interiors will post 1.64 earnings per share for the current fiscal year.
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A number of large investors have recently modified their holdings of ETH. BlackRock Inc. grew its holdings in Ethan Allen Interiors by 122,313.2% in the 1st quarter. BlackRock Inc. now owns 3,434,913 shares of the company’s stock valued at $105,279,000 after buying an additional 3,432,107 shares in the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in Ethan Allen Interiors by 46.4% in the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 855,725 shares of the company’s stock valued at $27,640,000 after buying an additional 271,300 shares in the last quarter. Jane Street Group LLC grew its holdings in Ethan Allen Interiors by 105.4% in the 3rd quarter. Jane Street Group LLC now owns 13,436 shares of the company’s stock valued at $435,000 after buying an additional 263,436 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Ethan Allen Interiors by 14.5% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,881,931 shares of the company’s stock valued at $60,786,000 after buying an additional 238,300 shares in the last quarter. Finally, Royce & Associates LP grew its holdings in Ethan Allen Interiors by 9.7% in the 2nd quarter. Royce & Associates LP now owns 2,501,960 shares of the company’s stock valued at $80,813,000 after buying an additional 220,324 shares in the last quarter. Institutional investors own 96.63% of the company’s stock.
Ethan Allen Interiors Company Profile
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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