Littelfuse, Inc. (NASDAQ:LFUS) has earned a consensus rating of “Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a hold rating and four have issued a buy rating on the company. The average 12 month target price among brokers that have updated their coverage on the stock in the last year is $219.50.

A number of analysts have recently issued reports on LFUS shares. Barrington Research reiterated a “hold” rating on shares of Littelfuse in a research report on Monday, October 29th. BidaskClub upgraded Littelfuse from a “sell” rating to a “hold” rating in a research report on Friday, January 11th. CIBC upgraded Littelfuse from a “market perform” rating to an “outperform” rating and set a $215.00 price target for the company in a research report on Tuesday, January 8th. Oppenheimer upgraded Littelfuse from a “market perform” rating to an “outperform” rating and set a $215.00 price target for the company in a research report on Tuesday, January 8th. Finally, Longbow Research upgraded Littelfuse from a “neutral” rating to a “buy” rating and set a $200.00 price target for the company in a research report on Thursday, January 31st.

In related news, SVP Matthew Cole sold 170 shares of the business’s stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $183.40, for a total value of $31,178.00. Following the completion of the sale, the senior vice president now owns 3,993 shares in the company, valued at approximately $732,316.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director William P. Noglows sold 578 shares of the business’s stock in a transaction that occurred on Tuesday, February 5th. The stock was sold at an average price of $182.50, for a total value of $105,485.00. Following the completion of the sale, the director now owns 22,608 shares of the company’s stock, valued at approximately $4,125,960. The disclosure for this sale can be found here. Insiders own 3.80% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. Private Capital Group LLC lifted its position in Littelfuse by 78.4% in the fourth quarter. Private Capital Group LLC now owns 157 shares of the technology company’s stock valued at $27,000 after purchasing an additional 69 shares during the last quarter. Doyle Wealth Management bought a new stake in Littelfuse in the fourth quarter valued at approximately $34,000. Enlightenment Research LLC bought a new stake in Littelfuse in the fourth quarter valued at approximately $51,000. Parallel Advisors LLC lifted its position in Littelfuse by 496.3% in the third quarter. Parallel Advisors LLC now owns 644 shares of the technology company’s stock valued at $127,000 after purchasing an additional 536 shares during the last quarter. Finally, First Bank & Trust lifted its position in Littelfuse by 7.4% in the fourth quarter. First Bank & Trust now owns 942 shares of the technology company’s stock valued at $162,000 after purchasing an additional 65 shares during the last quarter. Institutional investors own 94.80% of the company’s stock.

Shares of LFUS traded down $0.05 during trading hours on Friday, reaching $178.84. 123,055 shares of the company’s stock traded hands, compared to its average volume of 174,292. The company has a market cap of $4.50 billion, a PE ratio of 18.94, a price-to-earnings-growth ratio of 1.58 and a beta of 0.91. The company has a current ratio of 3.50, a quick ratio of 2.62 and a debt-to-equity ratio of 0.46. Littelfuse has a 12 month low of $155.15 and a 12 month high of $238.10.

Littelfuse (NASDAQ:LFUS) last issued its quarterly earnings results on Wednesday, January 30th. The technology company reported $1.87 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.00 by ($0.13). The business had revenue of $402.30 million for the quarter, compared to the consensus estimate of $413.77 million. Littelfuse had a net margin of 9.58% and a return on equity of 16.12%. The business’s revenue was up 31.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.81 EPS. As a group, analysts predict that Littelfuse will post 9.46 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 7th. Investors of record on Thursday, February 21st will be given a $0.43 dividend. The ex-dividend date is Wednesday, February 20th. This represents a $1.72 dividend on an annualized basis and a yield of 0.96%. Littelfuse’s payout ratio is 18.22%.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells circuit protection products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, and gas discharge tubes; and semiconductor and power semiconductor products, such as discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.

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Analyst Recommendations for Littelfuse (NASDAQ:LFUS)

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