Lifetime Brands (LCUT) to Release Quarterly Earnings on Thursday

Lifetime Brands (NASDAQ:LCUT) will likely be issuing its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $206.60 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

Lifetime Brands Trading Up 3.5 %

NASDAQ LCUT opened at $5.00 on Thursday. The company has a quick ratio of 0.97, a current ratio of 2.36 and a debt-to-equity ratio of 0.88. The firm has a market cap of $110.79 million, a PE ratio of -5.05, a price-to-earnings-growth ratio of 0.48 and a beta of 1.28. The company has a 50 day moving average price of $5.56 and a 200 day moving average price of $6.04. Lifetime Brands has a 52 week low of $4.71 and a 52 week high of $11.68.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. DA Davidson downgraded shares of Lifetime Brands from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $11.50 to $6.75 in a report on Monday, February 3rd. StockNews.com downgraded shares of Lifetime Brands from a “buy” rating to a “hold” rating in a report on Tuesday, February 4th.

About Lifetime Brands

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.