Somewhat Positive Media Coverage Somewhat Unlikely to Impact Littelfuse (LFUS) Share Price
Media stories about Littelfuse (NASDAQ:LFUS) have been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Littelfuse earned a coverage optimism score of 0.22 on Accern’s scale. Accern also assigned press coverage about the technology company an impact score of 45.8443989935601 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have impacted Accern Sentiment’s rankings:
- Fuse Blocks and Holders are RoHS compliant. (news.thomasnet.com)
- Littelfuse, Inc. (LFUS) Given Consensus Recommendation of “Hold” by Analysts (americanbankingnews.com)
- Littelfuse, Inc. (LFUS) Given Hold Rating at Stifel Nicolaus (americanbankingnews.com)
- Global Medium Voltage Fuse Market Will Be Worth USD 3,194.8 Million by 2025 (sbwire.com)
- Littelfuse, Inc. (LFUS) Expected to Post Earnings of $2.10 Per Share (americanbankingnews.com)
Several equities research analysts have commented on the stock. Stifel Nicolaus reaffirmed a “hold” rating and issued a $180.00 price target on shares of Littelfuse in a report on Tuesday. Robert W. Baird reaffirmed a “buy” rating and issued a $202.00 price target on shares of Littelfuse in a report on Tuesday, September 5th. Oppenheimer Holdings, Inc. upped their price target on shares of Littelfuse from $185.00 to $200.00 and gave the company an “outperform” rating in a report on Wednesday, July 19th. BidaskClub lowered shares of Littelfuse from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Zacks Investment Research raised shares of Littelfuse from a “hold” rating to a “buy” rating and set a $193.00 price target on the stock in a report on Friday, July 14th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of $189.80.
Shares of Littelfuse (NASDAQ:LFUS) opened at 185.00 on Friday. Littelfuse has a 1-year low of $124.32 and a 1-year high of $188.60. The stock has a market capitalization of $4.20 billion, a price-to-earnings ratio of 29.12 and a beta of 0.97. The stock’s 50 day moving average is $181.79 and its 200 day moving average is $167.62.
Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, August 2nd. The technology company reported $2.10 EPS for the quarter, meeting analysts’ consensus estimates of $2.10. Littelfuse had a net margin of 12.51% and a return on equity of 19.67%. The company had revenue of $313.36 million for the quarter, compared to analyst estimates of $312.97 million. During the same period in the previous year, the business posted $1.44 earnings per share. Littelfuse’s quarterly revenue was up 15.2% on a year-over-year basis. On average, equities analysts forecast that Littelfuse will post $7.73 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Thursday, September 7th. Stockholders of record on Thursday, August 24th were paid a dividend of $0.37 per share. This represents a $1.48 dividend on an annualized basis and a dividend yield of 0.80%. This is a positive change from Littelfuse’s previous quarterly dividend of $0.33. The ex-dividend date was Tuesday, August 22nd. Littelfuse’s payout ratio is 23.34%.
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Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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