Littelfuse, Inc. (LFUS) to Issue Quarterly Dividend of $0.37 on December 7th
Littelfuse, Inc. (NASDAQ:LFUS) declared a quarterly dividend on Wednesday, November 1st, RTT News reports. Stockholders of record on Wednesday, November 22nd will be given a dividend of 0.37 per share by the technology company on Thursday, December 7th. This represents a $1.48 annualized dividend and a dividend yield of 0.72%. The ex-dividend date is Tuesday, November 21st.
Shares of Littelfuse (NASDAQ:LFUS) opened at $204.96 on Monday. Littelfuse has a twelve month low of $144.01 and a twelve month high of $212.54. The stock has a market capitalization of $4,655.33, a PE ratio of 27.40, a P/E/G ratio of 1.81 and a beta of 0.93. The company has a current ratio of 3.36, a quick ratio of 2.75 and a debt-to-equity ratio of 0.53.
Littelfuse (NASDAQ:LFUS) last released its earnings results on Wednesday, November 1st. The technology company reported $2.12 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.98 by $0.14. Littelfuse had a return on equity of 19.62% and a net margin of 13.12%. The business had revenue of $317.90 million for the quarter, compared to analyst estimates of $319.20 million. During the same quarter in the prior year, the company posted $1.87 earnings per share. Littelfuse’s revenue was up 13.4% on a year-over-year basis. analysts expect that Littelfuse will post 7.57 EPS for the current fiscal year.
Several analysts recently issued reports on LFUS shares. Robert W. Baird reiterated a “buy” rating and set a $202.00 target price on shares of Littelfuse in a report on Tuesday, September 5th. Zacks Investment Research upgraded Littelfuse from a “hold” rating to a “buy” rating and set a $230.00 target price on the stock in a report on Wednesday, October 18th. UBS AG lowered Littelfuse from an “outperform” rating to a “market perform” rating in a report on Friday, October 13th. BidaskClub lowered Littelfuse from a “hold” rating to a “sell” rating in a report on Friday, July 28th. Finally, Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Littelfuse in a report on Wednesday, November 1st. Two analysts have rated the stock with a sell rating, six have given a hold rating and two have assigned a buy rating to the company’s stock. Littelfuse has an average rating of “Hold” and a consensus price target of $203.80.
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Littelfuse Company Profile
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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