Littelfuse (NASDAQ:LFUS) updated its second quarter earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of ~$1.91 for the period, compared to the Thomson Reuters consensus estimate of $2.07. The company issued revenue guidance of ~$398 million, compared to the consensus revenue estimate of $415.11 million.

A number of equities research analysts have recently issued reports on the stock. ValuEngine raised shares of Valmont Industries from a sell rating to a hold rating in a report on Friday, July 12th. Zacks Investment Research raised shares of Golub Capital BDC from a hold rating to a buy rating and set a $20.00 target price on the stock in a report on Tuesday. Barrington Research upped their target price on shares of Lions Gate Entertainment to $18.00 and gave the company an outperform rating in a report on Wednesday, May 29th. Longbow Research cut shares of Texas Instruments from a buy rating to a neutral rating and set a $116.20 target price on the stock. in a report on Wednesday, April 17th. Finally, Oppenheimer lowered their price target on shares of Littelfuse from $215.00 to $210.00 and set an outperform rating on the stock in a report on Thursday, May 2nd. Three investment analysts have rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The company currently has an average rating of Hold and an average target price of $223.33.

Littelfuse stock opened at $169.72 on Thursday. The company has a market cap of $4.16 billion, a PE ratio of 17.98, a P/E/G ratio of 1.69 and a beta of 1.10. The company has a debt-to-equity ratio of 0.45, a quick ratio of 2.85 and a current ratio of 3.82. Littelfuse has a twelve month low of $155.15 and a twelve month high of $231.42. The firm has a 50-day moving average of $172.42.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Wednesday, May 1st. The technology company reported $1.96 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.92 by $0.04. Littelfuse had a net margin of 9.70% and a return on equity of 15.27%. The company had revenue of $405.50 million for the quarter, compared to analysts’ expectations of $407.53 million. During the same period last year, the firm earned $2.39 earnings per share. The business’s revenue for the quarter was down 2.9% on a year-over-year basis. As a group, equities analysts forecast that Littelfuse will post 8.3 EPS for the current year.

In related news, SVP Deepak Nayar sold 3,947 shares of the stock in a transaction that occurred on Monday, May 6th. The shares were sold at an average price of $187.74, for a total transaction of $741,009.78. Following the sale, the senior vice president now owns 3,502 shares in the company, valued at approximately $657,465.48. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Ian Highley sold 986 shares of the stock in a transaction that occurred on Wednesday, May 29th. The stock was sold at an average price of $165.79, for a total transaction of $163,468.94. Following the sale, the senior vice president now owns 1,839 shares in the company, valued at approximately $304,887.81. The disclosure for this sale can be found here. 3.50% of the stock is currently owned by company insiders.

Littelfuse Company Profile

Littelfuse, Inc designs, manufactures, and sells circuit protection, power control, and sensing products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, silicon carbide, metal-oxide-semiconductor field-effect transistors, and silicon carbide diodes, as well as insulated gate bipolar transistors.

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Earnings History and Estimates for Littelfuse (NASDAQ:LFUS)

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