Ethan Allen Interiors (NYSE:ETH)‘s stock had its “market perform” rating reiterated by Telsey Advisory Group in a report issued on Wednesday, MarketBeat.com reports. They presently have a $27.00 price target on the stock, down from their previous price target of $33.00. Telsey Advisory Group’s price objective indicates a potential upside of 1.12% from the company’s current price.

Other research analysts have also issued reports about the stock. Zacks Investment Research upgraded shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating and set a $33.00 price objective on the stock in a report on Wednesday, December 20th. Stifel Nicolaus reiterated a “hold” rating and set a $27.00 price objective on shares of Ethan Allen Interiors in a report on Friday, October 13th. Dougherty & Co upgraded shares of Ethan Allen Interiors from a “neutral” rating to a “buy” rating and set a $35.00 price objective on the stock in a report on Friday, October 13th. KeyCorp reiterated a “hold” rating on shares of Ethan Allen Interiors in a report on Tuesday, October 17th. Finally, TheStreet lowered shares of Ethan Allen Interiors from a “b” rating to a “c+” rating in a report on Friday, October 27th. Five equities research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $32.20.

Ethan Allen Interiors (NYSE:ETH) opened at $26.70 on Wednesday. The stock has a market cap of $716.99, a PE ratio of 23.22, a price-to-earnings-growth ratio of 1.66 and a beta of 1.40. Ethan Allen Interiors has a 1-year low of $25.40 and a 1-year high of $33.92.

Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, October 25th. The company reported $0.28 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.28. The company had revenue of $181.30 million for the quarter, compared to analyst estimates of $181.30 million. Ethan Allen Interiors had a net margin of 4.27% and a return on equity of 9.11%. The firm’s quarterly revenue was down 6.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.41 EPS. analysts forecast that Ethan Allen Interiors will post 1.68 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. increased its position in Ethan Allen Interiors by 23.5% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 207,599 shares of the company’s stock worth $6,706,000 after purchasing an additional 39,541 shares in the last quarter. Legal & General Group Plc increased its position in Ethan Allen Interiors by 8.3% during the 2nd quarter. Legal & General Group Plc now owns 45,875 shares of the company’s stock worth $1,481,000 after purchasing an additional 3,535 shares in the last quarter. Swiss National Bank increased its position in Ethan Allen Interiors by 9.5% during the 2nd quarter. Swiss National Bank now owns 43,800 shares of the company’s stock worth $1,415,000 after purchasing an additional 3,800 shares in the last quarter. JPMorgan Chase & Co. increased its position in Ethan Allen Interiors by 74.2% during the 2nd quarter. JPMorgan Chase & Co. now owns 33,450 shares of the company’s stock worth $1,081,000 after purchasing an additional 14,245 shares in the last quarter. Finally, Alliancebernstein L.P. increased its position in Ethan Allen Interiors by 8.1% during the 2nd quarter. Alliancebernstein L.P. now owns 911,697 shares of the company’s stock worth $29,448,000 after purchasing an additional 68,600 shares in the last quarter.

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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.

Analyst Recommendations for Ethan Allen Interiors (NYSE:ETH)

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