Littelfuse (LFUS) Issues Q1 Earnings Guidance

Littelfuse (NASDAQ:LFUS) updated its first quarter earnings guidance on Wednesday. The company provided EPS guidance of $1.86-2.00 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.31. The company issued revenue guidance of $404-416 million, compared to the consensus revenue estimate of $428.01 million.Littelfuse also updated its Q1 2019 guidance to $1.86-2.00 EPS.

A number of brokerages recently weighed in on LFUS. Zacks Investment Research raised shares of Littelfuse from a sell rating to a hold rating in a report on Tuesday, January 15th. Barrington Research reissued a hold rating on shares of Littelfuse in a report on Monday, October 29th. Oppenheimer raised shares of Littelfuse from a market perform rating to an outperform rating and set a $215.00 price objective on the stock in a research note on Tuesday, January 8th. ValuEngine raised shares of Littelfuse from a sell rating to a hold rating in a research note on Thursday, November 1st. Finally, BidaskClub raised shares of Littelfuse from a strong sell rating to a sell rating in a research note on Friday, November 2nd. Four research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of $227.00.

Shares of NASDAQ LFUS opened at $183.83 on Thursday. The firm has a market cap of $4.50 billion, a PE ratio of 19.47, a PEG ratio of 1.58 and a beta of 0.91. Littelfuse has a twelve month low of $155.15 and a twelve month high of $238.10. The company has a current ratio of 3.50, a quick ratio of 2.62 and a debt-to-equity ratio of 0.46.

Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings results on Wednesday, January 30th. The technology company reported $1.87 earnings per share for the quarter, missing analysts’ consensus estimates of $2.00 by ($0.13). The firm had revenue of $402.30 million for the quarter, compared to the consensus estimate of $413.77 million. Littelfuse had a return on equity of 16.12% and a net margin of 9.58%. The company’s revenue for the quarter was up 31.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.81 earnings per share. As a group, equities analysts anticipate that Littelfuse will post 9.46 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 7th. Investors of record on Thursday, February 21st will be given a $0.43 dividend. The ex-dividend date of this dividend is Wednesday, February 20th. This represents a $1.72 annualized dividend and a yield of 0.94%. Littelfuse’s dividend payout ratio is currently 18.22%.

In related news, SVP Matthew Cole sold 170 shares of the business’s stock in a transaction on Tuesday, February 5th. The shares were sold at an average price of $183.40, for a total value of $31,178.00. Following the sale, the senior vice president now directly owns 3,993 shares of the company’s stock, valued at approximately $732,316.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director William P. Noglows sold 578 shares of the business’s stock in a transaction on Tuesday, February 5th. The shares were sold at an average price of $182.50, for a total transaction of $105,485.00. Following the completion of the sale, the director now directly owns 22,608 shares in the company, valued at $4,125,960. The disclosure for this sale can be found here. Insiders own 3.80% of the company’s stock.

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About Littelfuse

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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