Somewhat Positive Media Coverage Somewhat Unlikely to Affect Littelfuse (LFUS) Stock Price
Headlines about Littelfuse (NASDAQ:LFUS) have been trending somewhat positive this week, Accern Sentiment reports. The research group scores the sentiment of media coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Littelfuse earned a news sentiment score of 0.13 on Accern’s scale. Accern also assigned media stories about the technology company an impact score of 47.4360684651199 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the media stories that may have impacted Accern’s rankings:
- Littelfuse (LFUS) Expected to Post Earnings of $2.47 Per Share (americanbankingnews.com)
- Littelfuse (LFUS) Director Sells $374,088.00 in Stock (americanbankingnews.com)
- Form 4 LITTELFUSE INC /DE For: May 11 Filed by: MAJOR JOHN E (streetinsider.com)
- Littelfuse (LFUS) Director Sells $355,737.28 in Stock (americanbankingnews.com)
Several research analysts have issued reports on the company. BidaskClub raised Littelfuse from a “hold” rating to a “buy” rating in a research report on Friday, February 23rd. Zacks Investment Research cut Littelfuse from a “buy” rating to a “hold” rating in a research report on Wednesday, April 4th. ValuEngine raised Littelfuse from a “hold” rating to a “buy” rating in a research report on Thursday, May 3rd. Finally, Barrington Research reissued a “hold” rating on shares of Littelfuse in a research report on Tuesday, May 1st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. Littelfuse has a consensus rating of “Hold” and a consensus price target of $212.75.
Littelfuse (NASDAQ:LFUS) last posted its quarterly earnings data on Wednesday, May 2nd. The technology company reported $2.39 EPS for the quarter, topping the consensus estimate of $1.81 by $0.58. Littelfuse had a return on equity of 18.83% and a net margin of 8.62%. The firm had revenue of $417.81 million for the quarter, compared to the consensus estimate of $391.22 million. During the same quarter last year, the company earned $1.69 earnings per share. The business’s revenue for the quarter was up 46.4% compared to the same quarter last year. equities analysts anticipate that Littelfuse will post 9.53 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 7th. Stockholders of record on Thursday, May 24th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a dividend yield of 0.68%. The ex-dividend date is Wednesday, May 23rd. Littelfuse’s dividend payout ratio (DPR) is currently 19.12%.
In other news, VP Meenal Sethna sold 3,459 shares of the firm’s stock in a transaction dated Tuesday, February 20th. The stock was sold at an average price of $210.00, for a total value of $726,390.00. Following the transaction, the vice president now owns 12,693 shares of the company’s stock, valued at $2,665,530. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director T J. Chung sold 4,854 shares of the firm’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $207.76, for a total value of $1,008,467.04. Following the completion of the transaction, the director now directly owns 20,193 shares in the company, valued at approximately $4,195,297.68. The disclosure for this sale can be found here. Insiders sold 72,089 shares of company stock worth $15,438,283 in the last ninety days. Corporate insiders own 3.80% of the company’s stock.
Littelfuse, Inc designs, manufactures, and sells circuit protection products worldwide. The company's Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, polymer electrostatic discharge suppressors, varistors, and gas discharge tubes; and semiconductor and power semiconductor products, such as 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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