Ethan Allen Interiors (ETH) Releases Q1 2019 Earnings Guidance

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Ethan Allen Interiors (NYSE:ETH) issued an update on its first quarter 2019 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.32-0.33 for the period, compared to the Thomson Reuters consensus estimate of $0.32. The company issued revenue guidance of $187.8-187.8 million, compared to the consensus revenue estimate of $184.84 million.

ETH stock opened at $20.45 on Friday. The stock has a market capitalization of $550.48 million, a price-to-earnings ratio of 15.15, a price-to-earnings-growth ratio of 1.12 and a beta of 0.87. Ethan Allen Interiors has a 12 month low of $18.94 and a 12 month high of $31.70.

Ethan Allen Interiors (NYSE:ETH) last released its quarterly earnings data on Wednesday, July 25th. The company reported $0.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.03. The company had revenue of $205.60 million during the quarter, compared to the consensus estimate of $200.01 million. Ethan Allen Interiors had a net margin of 4.74% and a return on equity of 9.33%. Ethan Allen Interiors’s quarterly revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.42 EPS. Equities research analysts expect that Ethan Allen Interiors will post 1.53 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 25th. Shareholders of record on Wednesday, October 10th will be issued a $0.19 dividend. The ex-dividend date is Tuesday, October 9th. This represents a $0.76 dividend on an annualized basis and a yield of 3.72%. Ethan Allen Interiors’s payout ratio is 56.30%.

A number of analysts have commented on ETH shares. Raymond James reiterated a buy rating and issued a $27.00 price objective on shares of Ethan Allen Interiors in a report on Sunday, August 12th. Zacks Investment Research upgraded shares of Ethan Allen Interiors from a strong sell rating to a hold rating in a report on Wednesday, September 12th. Finally, ValuEngine upgraded shares of Ethan Allen Interiors from a strong sell rating to a sell rating in a report on Friday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of Hold and a consensus target price of $27.60.

In other news, Chairman M Farooq Kathwari sold 37,882 shares of the firm’s stock in a transaction that occurred on Friday, September 21st. The shares were sold at an average price of $21.51, for a total transaction of $814,841.82. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 10.50% of the stock is owned by company insiders.

Ethan Allen Interiors Company Profile

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in North America, Asia, the Middle East, and Europe. The company operates through two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery items comprising sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accents and other items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.

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Earnings History and Estimates for Ethan Allen Interiors (NYSE:ETH)

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