Ethan Allen Interiors Inc. (ETH) Given “Hold” Rating at KeyCorp

KeyCorp reiterated their hold rating on shares of Ethan Allen Interiors Inc. (NYSE:ETH) in a research report released on Tuesday morning.

Several other brokerages have also recently commented on ETH. TheStreet upgraded Ethan Allen Interiors from a c+ rating to a b- rating in a report on Thursday, June 29th. Stifel Nicolaus restated a hold rating and set a $27.00 target price on shares of Ethan Allen Interiors in a report on Friday, October 13th. Dougherty & Co upgraded Ethan Allen Interiors from a neutral rating to a buy rating and set a $35.00 target price on the stock in a report on Friday, October 13th. Finally, BidaskClub upgraded Ethan Allen Interiors from a hold rating to a buy rating in a report on Tuesday, August 1st. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of $32.75.

Shares of Ethan Allen Interiors (NYSE ETH) traded up 2.98% during midday trading on Tuesday, hitting $31.10. 125,635 shares of the company were exchanged. The firm has a market cap of $853.60 million, a P/E ratio of 24.11 and a beta of 1.20. Ethan Allen Interiors has a one year low of $26.75 and a one year high of $38.80. The company’s 50 day moving average price is $30.61 and its 200 day moving average price is $30.14.

Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Wednesday, July 26th. The company reported $0.42 EPS for the quarter, hitting the consensus estimate of $0.42. The company had revenue of $194.90 million for the quarter, compared to analysts’ expectations of $194.94 million. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. The business’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 earnings per share. Equities analysts expect that Ethan Allen Interiors will post $1.64 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This story was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another site, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/18/ethan-allen-interiors-inc-eth-given-hold-rating-at-keycorp.html.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Tuesday, October 10th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 58.92%.

Institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in shares of Ethan Allen Interiors by 3.8% during the first quarter. Envestnet Asset Management Inc. now owns 4,980 shares of the company’s stock valued at $153,000 after acquiring an additional 180 shares during the period. Mason Street Advisors LLC lifted its stake in shares of Ethan Allen Interiors by 7.2% during the first quarter. Mason Street Advisors LLC now owns 5,957 shares of the company’s stock valued at $183,000 after acquiring an additional 398 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Ethan Allen Interiors by 44.6% during the second quarter. State of Alaska Department of Revenue now owns 7,084 shares of the company’s stock valued at $228,000 after acquiring an additional 2,184 shares during the period. KCG Holdings Inc. lifted its stake in shares of Ethan Allen Interiors by 43.8% during the first quarter. KCG Holdings Inc. now owns 8,827 shares of the company’s stock valued at $271,000 after acquiring an additional 2,690 shares during the period. Finally, Municipal Employees Retirement System of Michigan lifted its stake in shares of Ethan Allen Interiors by 8.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 8,550 shares of the company’s stock valued at $276,000 after acquiring an additional 630 shares during the period. 99.41% of the stock is currently owned by institutional investors and hedge funds.

Ethan Allen Interiors Co

Several other brokerages have also recently commented on ETH. TheStreet upgraded Ethan Allen Interiors from a c+ rating to a b- rating in a report on Thursday, June 29th. Stifel Nicolaus restated a hold rating and set a $27.00 target price on shares of Ethan Allen Interiors in a report on Friday, October 13th. Dougherty & Co upgraded Ethan Allen Interiors from a neutral rating to a buy rating and set a $35.00 target price on the stock in a report on Friday, October 13th. Finally, BidaskClub upgraded Ethan Allen Interiors from a hold rating to a buy rating in a report on Tuesday, August 1st. Three equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of Buy and a consensus price target of $32.75.

Shares of Ethan Allen Interiors (NYSE ETH) traded up 2.98% during midday trading on Tuesday, hitting $31.10. 125,635 shares of the company were exchanged. The firm has a market cap of $853.60 million, a P/E ratio of 24.11 and a beta of 1.20. Ethan Allen Interiors has a one year low of $26.75 and a one year high of $38.80. The company’s 50 day moving average price is $30.61 and its 200 day moving average price is $30.14.

Ethan Allen Interiors (NYSE:ETH) last announced its earnings results on Wednesday, July 26th. The company reported $0.42 EPS for the quarter, hitting the consensus estimate of $0.42. The company had revenue of $194.90 million for the quarter, compared to analysts’ expectations of $194.94 million. Ethan Allen Interiors had a return on equity of 10.17% and a net margin of 4.74%. The business’s revenue for the quarter was down 5.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.57 earnings per share. Equities analysts expect that Ethan Allen Interiors will post $1.64 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This story was originally posted by The Ledger Gazette and is owned by of The Ledger Gazette. If you are accessing this story on another site, it was stolen and reposted in violation of international copyright & trademark legislation. The correct version of this story can be viewed at https://ledgergazette.com/2017/10/18/ethan-allen-interiors-inc-eth-given-hold-rating-at-keycorp.html.

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 25th. Stockholders of record on Tuesday, October 10th will be paid a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a dividend yield of 2.52%. The ex-dividend date of this dividend is Friday, October 6th. Ethan Allen Interiors’s dividend payout ratio (DPR) is presently 58.92%.

Institutional investors and hedge funds have recently modified their holdings of the company. Envestnet Asset Management Inc. lifted its stake in shares of Ethan Allen Interiors by 3.8% during the first quarter. Envestnet Asset Management Inc. now owns 4,980 shares of the company’s stock valued at $153,000 after acquiring an additional 180 shares during the period. Mason Street Advisors LLC lifted its stake in shares of Ethan Allen Interiors by 7.2% during the first quarter. Mason Street Advisors LLC now owns 5,957 shares of the company’s stock valued at $183,000 after acquiring an additional 398 shares during the period. State of Alaska Department of Revenue lifted its stake in shares of Ethan Allen Interiors by 44.6% during the second quarter. State of Alaska Department of Revenue now owns 7,084 shares of the company’s stock valued at $228,000 after acquiring an additional 2,184 shares during the period. KCG Holdings Inc. lifted its stake in shares of Ethan Allen Interiors by 43.8% during the first quarter. KCG Holdings Inc. now owns 8,827 shares of the company’s stock valued at $271,000 after acquiring an additional 2,690 shares during the period. Finally, Municipal Employees Retirement System of Michigan lifted its stake in shares of Ethan Allen Interiors by 8.0% during the second quarter. Municipal Employees Retirement System of Michigan now owns 8,550 shares of the company’s stock valued at $276,000 after acquiring an additional 630 shares during the period. 99.41% of the stock is currently owned by institutional investors and hedge funds.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

Analyst Recommendations for Ethan Allen Interiors (NYSE:ETH)

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