Lifetime Brands FY2025 EPS Estimate Lowered by Sidoti Csr

Lifetime Brands, Inc. (NASDAQ:LCUT) – Equities research analysts at Sidoti Csr dropped their FY2025 earnings per share estimates for shares of Lifetime Brands in a research report issued on Tuesday, January 14th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $0.74 for the year, down from their prior forecast of $0.77. The consensus estimate for Lifetime Brands’ current full-year earnings is $0.55 per share.

Lifetime Brands (NASDAQ:LCUT) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.17). The firm had revenue of $183.84 million during the quarter, compared to the consensus estimate of $193.90 million. Lifetime Brands had a positive return on equity of 3.13% and a negative net margin of 3.19%. During the same quarter in the prior year, the business posted $0.36 EPS.

A number of other analysts have also weighed in on LCUT. StockNews.com upgraded Lifetime Brands from a “hold” rating to a “buy” rating in a research note on Monday. Canaccord Genuity Group lowered their price objective on shares of Lifetime Brands from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, October 18th. Finally, DA Davidson reduced their target price on shares of Lifetime Brands from $14.00 to $11.50 and set a “buy” rating on the stock in a research report on Wednesday, December 11th.

Lifetime Brands Price Performance

Shares of Lifetime Brands stock opened at $5.73 on Wednesday. The stock has a market capitalization of $126.96 million, a price-to-earnings ratio of -5.79, a P/E/G ratio of 0.83 and a beta of 1.27. The firm’s 50-day moving average price is $5.92 and its two-hundred day moving average price is $6.61. The company has a current ratio of 2.36, a quick ratio of 0.97 and a debt-to-equity ratio of 0.88. Lifetime Brands has a 1-year low of $5.25 and a 1-year high of $11.68.

Institutional Trading of Lifetime Brands

A number of large investors have recently made changes to their positions in LCUT. JB Capital Partners LP boosted its holdings in shares of Lifetime Brands by 13.0% in the third quarter. JB Capital Partners LP now owns 940,814 shares of the company’s stock valued at $6,106,000 after buying an additional 108,193 shares during the period. American Century Companies Inc. lifted its position in Lifetime Brands by 88.0% in the 2nd quarter. American Century Companies Inc. now owns 161,252 shares of the company’s stock valued at $1,385,000 after acquiring an additional 75,475 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Lifetime Brands by 3.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,216,375 shares of the company’s stock worth $10,449,000 after purchasing an additional 38,471 shares during the period. Bank of New York Mellon Corp increased its holdings in Lifetime Brands by 22.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 151,186 shares of the company’s stock worth $1,299,000 after purchasing an additional 28,104 shares in the last quarter. Finally, Hohimer Wealth Management LLC acquired a new stake in shares of Lifetime Brands in the 3rd quarter valued at about $133,000. Institutional investors own 40.62% of the company’s stock.

Lifetime Brands Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.043 dividend. This represents a $0.17 annualized dividend and a yield of 3.00%. The ex-dividend date is Friday, January 31st. Lifetime Brands’s payout ratio is presently -17.17%.

Lifetime Brands Company Profile

Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the worldwide. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware.