Littelfuse (LFUS) Expected to Announce Quarterly Earnings on Tuesday

Littelfuse (NASDAQ:LFUS) is anticipated to release its earnings data after the market closes on Tuesday, January 28th. Analysts expect Littelfuse to post earnings of $2.07 per share and revenue of $525,095.43 billion for the quarter. Littelfuse has set its Q4 2024 guidance at 1.900-2.100 EPS and its Q4 guidance at $1.90-2.10 EPS.Investors that wish to listen to the company’s conference call can do so using this link.

Littelfuse (NASDAQ:LFUS) last released its quarterly earnings data on Tuesday, October 29th. The technology company reported $2.71 EPS for the quarter, beating the consensus estimate of $2.09 by $0.62. The business had revenue of $567.39 million for the quarter, compared to the consensus estimate of $557.38 million. Littelfuse had a net margin of 8.88% and a return on equity of 8.49%. The company’s revenue was down 6.5% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.97 earnings per share. On average, analysts expect Littelfuse to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Littelfuse Price Performance

LFUS opened at $233.17 on Tuesday. The company has a market capitalization of $5.79 billion, a price-to-earnings ratio of 29.97, a PEG ratio of 1.93 and a beta of 1.26. The company has a quick ratio of 2.52, a current ratio of 3.55 and a debt-to-equity ratio of 0.31. The firm has a 50-day moving average price of $241.20 and a 200-day moving average price of $251.74. Littelfuse has a twelve month low of $222.91 and a twelve month high of $275.58.

Littelfuse Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 5th. Investors of record on Thursday, November 21st were paid a $0.70 dividend. The ex-dividend date was Thursday, November 21st. This represents a $2.80 dividend on an annualized basis and a yield of 1.20%. Littelfuse’s dividend payout ratio is 35.99%.

Insiders Place Their Bets

In other Littelfuse news, CAO Jeffrey G. Gorski sold 700 shares of the business’s stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $249.02, for a total value of $174,314.00. Following the completion of the transaction, the chief accounting officer now owns 3,105 shares of the company’s stock, valued at $773,207.10. The trade was a 18.40 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Benchmark reaffirmed a “hold” rating on shares of Littelfuse in a report on Wednesday, October 30th. StockNews.com upgraded Littelfuse from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Finally, Oppenheimer upgraded Littelfuse from a “market perform” rating to an “outperform” rating and set a $310.00 price target on the stock in a research report on Thursday, October 17th. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $285.00.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.