Somewhat Positive Media Coverage Somewhat Unlikely to Impact Lifetime Brands (LCUT) Stock Price

Media coverage about Lifetime Brands (NASDAQ:LCUT) has been trending somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lifetime Brands earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave news coverage about the company an impact score of 44.1297669827907 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Lifetime Brands (NASDAQ LCUT) traded up $0.40 on Monday, reaching $18.35. 10,200 shares of the company were exchanged, compared to its average volume of 22,067. The firm has a market cap of $271.89, a price-to-earnings ratio of 17.31 and a beta of 0.95. Lifetime Brands has a 1-year low of $13.80 and a 1-year high of $21.20. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.43 and a current ratio of 3.31.

Lifetime Brands (NASDAQ:LCUT) last announced its quarterly earnings data on Thursday, November 9th. The company reported $0.37 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by ($0.30). Lifetime Brands had a return on equity of 9.12% and a net margin of 2.65%. The company had revenue of $165.96 million for the quarter, compared to analyst estimates of $173.53 million. During the same period in the prior year, the business earned $0.52 earnings per share. Lifetime Brands’s revenue was down 2.4% on a year-over-year basis.

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be paid a dividend of $0.043 per share. This is a boost from Lifetime Brands’s previous quarterly dividend of $0.04. The ex-dividend date is Wednesday, January 31st. This represents a $0.17 annualized dividend and a yield of 0.94%. Lifetime Brands’s dividend payout ratio (DPR) is presently 16.04%.

Separately, BidaskClub downgraded shares of Lifetime Brands from a “hold” rating to a “sell” rating in a research note on Thursday, December 14th.

In other news, Director Craig Phillips sold 4,162 shares of Lifetime Brands stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $17.85, for a total value of $74,291.70. Following the transaction, the director now owns 641,194 shares of the company’s stock, valued at approximately $11,445,312.90. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last three months, insiders have sold 14,913 shares of company stock worth $257,716. 21.25% of the stock is owned by corporate insiders.

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About Lifetime Brands

Lifetime Brands, Inc designs, sources and sells branded kitchenware, tableware and other products used in the home. The Company operates through three segments: U.S. Wholesale, International and Retail Direct. In the U.S. Wholesale segment, the Company designs, markets and distributes its products to retailers and distributors.

Insider Buying and Selling by Quarter for Lifetime Brands (NASDAQ:LCUT)

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