News stories about Ethan Allen Interiors (NYSE:ETH) have trended positive on Saturday, according to AlphaOne Sentiment Analysis. The research firm, a unit of Accern, identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. AlphaOne ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Ethan Allen Interiors earned a coverage optimism score of 0.43 on AlphaOne’s scale. AlphaOne also gave headlines about the company an impact score of 98 out of 100, indicating that recent media coverage is extremely likely to have an effect on the stock’s share price in the next few days.
These are some of the headlines that may have impacted Alpha One Sentiment Analysis’s scoring:
ETH has been the subject of several recent research reports. TheStreet cut Ethan Allen Interiors from a “b” rating to a “c+” rating in a research note on Thursday, April 27th. Stifel Nicolaus cut their target price on Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating on the stock in a research report on Friday, April 28th. Dougherty & Co lowered Ethan Allen Interiors from a “buy” rating to a “neutral” rating in a research report on Thursday, January 26th. Telsey Advisory Group cut their target price on Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating on the stock in a research report on Thursday, April 27th. Finally, Raymond James Financial, Inc. raised Ethan Allen Interiors from a “market perform” rating to a “strong-buy” rating and set a $36.00 target price on the stock in a research report on Tuesday, March 14th. Five analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $35.00.
Shares of Ethan Allen Interiors (NYSE:ETH) traded up 1.14% during midday trading on Friday, hitting $31.00. The stock had a trading volume of 186,751 shares. Ethan Allen Interiors has a one year low of $27.75 and a one year high of $38.80. The stock has a 50 day moving average of $30.25 and a 200-day moving average of $31.77. The company has a market cap of $858.39 million, a P/E ratio of 20.92 and a beta of 1.11.
Ethan Allen Interiors (NYSE:ETH) last issued its quarterly earnings results on Wednesday, April 26th. The company reported $0.23 EPS for the quarter, missing analysts’ consensus estimates of $0.27 by $0.04. The business earned $180.20 million during the quarter, compared to analysts’ expectations of $184.18 million. Ethan Allen Interiors had a net margin of 6.27% and a return on equity of 12.29%. The company’s revenue for the quarter was down 5.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.34 EPS. Analysts forecast that Ethan Allen Interiors will post $1.51 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 25th. Shareholders of record on Tuesday, July 11th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 2.45%. The ex-dividend date of this dividend is Friday, July 7th. Ethan Allen Interiors’s dividend payout ratio is presently 43.43%.
In other news, Director Domenick J. Esposito bought 840 shares of Ethan Allen Interiors stock in a transaction on Monday, March 20th. The shares were bought at an average price of $31.00 per share, with a total value of $26,040.00. Following the acquisition, the director now directly owns 2,840 shares in the company, valued at approximately $88,040. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 11.00% of the company’s stock.
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.