Littelfuse (LFUS) Expected to Announce Quarterly Earnings on Tuesday

Littelfuse (NASDAQ:LFUS) is expected to be releasing its earnings data after the market closes on Tuesday, January 28th. Analysts expect Littelfuse to post earnings of $2.07 per share and revenue of $525,095.43 billion for the quarter. Littelfuse has set its Q4 2024 guidance at 1.900-2.100 EPS and its Q4 guidance at $1.90-2.10 EPS.Persons interested in participating in the company’s earnings conference call can do so using this link.

Littelfuse (NASDAQ:LFUS) last announced its earnings results on Tuesday, October 29th. The technology company reported $2.71 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.62. Littelfuse had a net margin of 8.88% and a return on equity of 8.49%. The company had revenue of $567.39 million during the quarter, compared to analyst estimates of $557.38 million. During the same quarter last year, the firm posted $2.97 earnings per share. Littelfuse’s revenue was down 6.5% compared to the same quarter last year. On average, analysts expect Littelfuse to post $8 EPS for the current fiscal year and $10 EPS for the next fiscal year.

Littelfuse Price Performance

Shares of NASDAQ LFUS opened at $235.01 on Friday. Littelfuse has a twelve month low of $222.91 and a twelve month high of $275.58. The company has a market capitalization of $5.83 billion, a price-to-earnings ratio of 30.21, a price-to-earnings-growth ratio of 1.93 and a beta of 1.26. The business has a 50 day simple moving average of $240.17 and a 200-day simple moving average of $251.31. The company has a current ratio of 3.55, a quick ratio of 2.52 and a debt-to-equity ratio of 0.31.

Analysts Set New Price Targets

LFUS has been the topic of a number of recent research reports. StockNews.com raised Littelfuse from a “hold” rating to a “buy” rating in a research note on Friday, October 18th. Oppenheimer raised shares of Littelfuse from a “market perform” rating to an “outperform” rating and set a $310.00 price target on the stock in a research report on Thursday, October 17th. Finally, Benchmark reiterated a “hold” rating on shares of Littelfuse in a research note on Wednesday, October 30th. Three analysts have rated the stock with a hold rating, four have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $285.00.

Insider Buying and Selling at Littelfuse

In other Littelfuse news, CAO Jeffrey G. Gorski sold 700 shares of the business’s stock in a transaction on Thursday, December 12th. The shares were sold at an average price of $249.02, for a total value of $174,314.00. Following the sale, the chief accounting officer now owns 3,105 shares of the company’s stock, valued at $773,207.10. The trade was a 18.40 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 2.30% of the company’s stock.

About Littelfuse

Littelfuse, Inc designs, manufactures, and sells electronic components, modules, and subassemblies in the Americas, Asia-Pacific, and Europe. The company operates through Electronic, Transportation, and Industrial segments. The Electronics segment offers fuses and fuse accessories, positive temperature coefficient resettable fuses, electromechanical switches and interconnect solutions, polymer electrostatic discharge suppressors, varistors, reed switch based magnetic sensing products, and gas discharge tubes; and discrete transient voltage suppressor (TVS) diodes, TVS diode arrays, protection and switching thyristors, metal-oxide-semiconductor field-effect transistors and diodes, and insulated gate bipolar transistors.