Littelfuse (LFUS) Given Coverage Optimism Score of 0.41
Headlines about Littelfuse (NASDAQ:LFUS) have trended positive on Thursday, according to Alpha One. The research firm, a service of Accern, identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Littelfuse earned a daily sentiment score of 0.41 on Alpha One’s scale. Alpha One also assigned headlines about the technology company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected AlphaOne’s scoring:
- Resettable PPTC Devices feature overcurrent protection. (news.thomasnet.com)
- Invest in These Top 4 GARP Stocks Now (finance.yahoo.com)
- Connected Living Room Market – No Clear Leaders as the Market Is Highly Dynamic in Terms of Technological Advancements and Launch of New Products (sbwire.com)
- Edom Technology : Littelfuse Introduces Three New Series of PolySwitch AEC-Q200 Qualified Resettable PPTC Devices for Automotive Applications (4-traders.com)
Littelfuse (NASDAQ:LFUS) traded up 1.92% during midday trading on Thursday, reaching $157.37. 102,620 shares of the company traded hands. Littelfuse has a one year low of $106.26 and a one year high of $167.21. The stock has a market capitalization of $3.56 billion, a P/E ratio of 34.21 and a beta of 1.01. The company has a 50 day moving average price of $157.34 and a 200-day moving average price of $150.77.
Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Wednesday, February 1st. The technology company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.52 by $0.05. The firm had revenue of $284.50 million for the quarter, compared to analysts’ expectations of $274.95 million. Littelfuse had a net margin of 9.89% and a return on equity of 17.99%. The company’s revenue was up 29.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.21 EPS. Analysts forecast that Littelfuse will post $6.98 EPS for the current fiscal year.
Separately, Zacks Investment Research raised shares of Littelfuse from a “hold” rating to a “buy” rating and set a $170.00 target price on the stock in a research note on Friday, April 14th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The stock has an average rating of “Buy” and an average target price of $157.75.
In other news, Director Ronald L. Schubel sold 1,504 shares of the business’s stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $163.00, for a total transaction of $245,152.00. Following the transaction, the director now owns 26,794 shares of the company’s stock, valued at approximately $4,367,422. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, VP Deepak Nayar sold 1,329 shares of the business’s stock in a transaction dated Thursday, February 9th. The shares were sold at an average price of $163.71, for a total transaction of $217,570.59. Following the transaction, the vice president now directly owns 4,571 shares in the company, valued at approximately $748,318.41. The disclosure for this sale can be found here. In the last three months, insiders have sold 16,547 shares of company stock worth $2,694,109. Corporate insiders own 2.40% of the company’s stock.
Littelfuse Company Profile
Littelfuse, Inc is a supplier of circuit protection products for the electronics, automotive and industrial markets. The Company operates through three segments. The Electronics segment provides circuit protection components for overcurrent and overvoltage protection, as well as sensor components and modules to manufacturers of a range of electronic products.
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