Media stories about Littelfuse (NASDAQ:LFUS) have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Littelfuse earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned news coverage about the technology company an impact score of 45.7838961657332 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s scoring:
- Littelfuse (LFUS) Receives Average Rating of “Buy” from Analysts (americanbankingnews.com)
- Global Surface Mounting Device (SMD) Market 2018 Top Players: STMicroelectronics, ROYAL OHM, Borison Automation Limited, ULIKE, Littelfuse (digitaljournal.com)
- Form 4 LITTELFUSE INC /DE For: Apr 22 Filed by: Rutz Michael P (streetinsider.com)
- Littelfuse (LFUS) Set to Announce Quarterly Earnings on Tuesday (americanbankingnews.com)
- Global Diode Power Modules Market 2018 – Littelfuse, STMicroelectronics, Infineon, PhoenixContact, Vishay (canadianbusinesstribune.com)
Several equities analysts have recently weighed in on the stock. ValuEngine lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a report on Friday. BidaskClub lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a report on Tuesday, February 13th. Finally, Zacks Investment Research lowered shares of Littelfuse from a “buy” rating to a “hold” rating in a report on Wednesday, April 4th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $212.75.
Littelfuse (NASDAQ:LFUS) last announced its quarterly earnings data on Wednesday, January 31st. The technology company reported $1.81 earnings per share for the quarter, beating the consensus estimate of $1.68 by $0.13. Littelfuse had a net margin of 9.78% and a return on equity of 19.65%. The firm had revenue of $304.85 million for the quarter, compared to analyst estimates of $299.88 million. During the same quarter in the prior year, the business earned $1.57 earnings per share. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. equities analysts anticipate that Littelfuse will post 8.56 EPS for the current year.
In other news, CEO David W. Heinzmann sold 5,000 shares of the company’s stock in a transaction dated Tuesday, February 20th. The shares were sold at an average price of $209.90, for a total transaction of $1,049,500.00. Following the transaction, the chief executive officer now owns 40,941 shares in the company, valued at $8,593,515.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Ronald L. Schubel sold 250 shares of the company’s stock in a transaction dated Wednesday, February 21st. The stock was sold at an average price of $210.00, for a total transaction of $52,500.00. Following the completion of the sale, the director now owns 24,567 shares in the company, valued at approximately $5,159,070. The disclosure for this sale can be found here. Insiders have sold 71,289 shares of company stock worth $15,271,800 in the last quarter. Company insiders own 3.80% of the company’s stock.
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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