Ethan Allen Interiors (NYSE:ETH) Issues Q2 2020 After-Hours Earnings Guidance

Ethan Allen Interiors (NYSE:ETH) issued an update on its second quarter 2020
After-Hours earnings guidance on Monday morning. The company provided EPS guidance of 0.25-0.27 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.40. The company issued revenue guidance of $175-175 million, compared to the consensus revenue estimate of $181.73 million.Ethan Allen Interiors also updated its Q2 guidance to $0.25-0.27 EPS.

Shares of NYSE:ETH opened at $17.92 on Thursday. Ethan Allen Interiors has a 52-week low of $16.63 and a 52-week high of $23.11. The firm has a market capitalization of $476.49 million, a P/E ratio of 11.49 and a beta of 0.91. The stock has a 50 day moving average price of $18.13 and a 200-day moving average price of $18.78. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.51 and a current ratio of 1.46.

Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Monday, November 4th. The company reported $0.35 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.35. The firm had revenue of $173.92 million during the quarter, compared to analyst estimates of $174.07 million. Ethan Allen Interiors had a return on equity of 11.39% and a net margin of 4.23%. The business’s revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.33 EPS. On average, equities analysts forecast that Ethan Allen Interiors will post 1.4 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Investors of record on Thursday, January 9th will be paid a $0.21 dividend. The ex-dividend date of this dividend is Wednesday, January 8th. This represents a $0.84 annualized dividend and a dividend yield of 4.69%. Ethan Allen Interiors’s payout ratio is currently 53.85%.

Several research firms recently weighed in on ETH. Stifel Nicolaus cut their price target on Ethan Allen Interiors from $19.00 to $17.00 and set a hold rating on the stock in a research note on Tuesday. Zacks Investment Research downgraded Ethan Allen Interiors from a hold rating to a sell rating in a research note on Wednesday. TheStreet downgraded Ethan Allen Interiors from a b- rating to a c+ rating in a research note on Tuesday, December 3rd. Telsey Advisory Group cut their price target on Ethan Allen Interiors from $20.00 to $19.00 and set a market perform rating on the stock in a research note on Tuesday, November 5th. Finally, ValuEngine upgraded Ethan Allen Interiors from a sell rating to a hold rating in a research note on Friday, January 3rd. One equities research analyst has rated the stock with a sell rating and five have given a hold rating to the company’s stock. The company has a consensus rating of Hold and an average target price of $19.36.

About Ethan Allen Interiors

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.

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Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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