Press coverage about Lifetime Brands (NASDAQ:LCUT) has been trending somewhat positive on Monday, according to Accern. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Lifetime Brands earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.7401766949439 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Lifetime Brands, Inc. Reports Third Quarter Financial Results (finance.yahoo.com)
- Lifetime Brands, Inc. to Host Earnings Call (finance.yahoo.com)
- Lifetime Brands posts 3Q profit (finance.yahoo.com)
- Edited Transcript of LCUT earnings conference call or presentation 9-Nov-17 4:00pm GMT (finance.yahoo.com)
- Lifetime Brands, Inc. (LCUT) Releases Earnings Results, Misses Estimates By $0.30 EPS (americanbankingnews.com)
Lifetime Brands (NASDAQ LCUT) traded up $0.05 during mid-day trading on Monday, hitting $16.70. 10,100 shares of the stock were exchanged, compared to its average volume of 30,617. Lifetime Brands has a 52 week low of $13.80 and a 52 week high of $21.20. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.43 and a current ratio of 3.31. The firm has a market cap of $247.43, a P/E ratio of 13.47 and a beta of 0.99.
Lifetime Brands (NASDAQ:LCUT) last issued its quarterly earnings data on Thursday, November 9th. The company reported $0.37 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.67 by ($0.30). Lifetime Brands had a return on equity of 9.12% and a net margin of 2.65%. The company had revenue of $165.96 million for the quarter, compared to analyst estimates of $173.53 million. During the same quarter in the prior year, the firm earned $0.52 earnings per share. The company’s revenue for the quarter was down 2.4% on a year-over-year basis.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Thursday, February 1st will be issued a $0.043 dividend. The ex-dividend date of this dividend is Wednesday, January 31st. This is an increase from Lifetime Brands’s previous quarterly dividend of $0.04. This represents a $0.17 annualized dividend and a yield of 1.03%. Lifetime Brands’s payout ratio is 16.04%.
Separately, BidaskClub lowered Lifetime Brands from a “sell” rating to a “strong sell” rating in a report on Tuesday, August 1st.
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In other Lifetime Brands news, Vice Chairman Ronald Shiftan sold 4,480 shares of the business’s stock in a transaction on Monday, August 28th. The shares were sold at an average price of $16.92, for a total value of $75,801.60. Following the transaction, the insider now owns 130,823 shares in the company, valued at approximately $2,213,525.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Craig Phillips sold 7,500 shares of the business’s stock in a transaction on Wednesday, October 11th. The stock was sold at an average price of $19.11, for a total transaction of $143,325.00. The disclosure for this sale can be found here. 21.25% of the stock is owned by insiders.
About Lifetime Brands
Lifetime Brands, Inc designs, sources and sells branded kitchenware, tableware and other products used in the home. The Company operates through three segments: U.S. Wholesale, International and Retail Direct. In the U.S. Wholesale segment, the Company designs, markets and distributes its products to retailers and distributors.
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