Lifetime Brands (LCUT) Expected to Announce Quarterly Earnings on Thursday

Lifetime Brands (NASDAQ:LCUT - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $0.50 per share and revenue of $206.60 million for the quarter. Individual interested in participating in the company's earnings conference call can do so using this link.

Lifetime Brands Stock Performance

Lifetime Brands stock traded up $0.06 during midday trading on Friday, reaching $5.18. The stock had a trading volume of 17,805 shares, compared to its average volume of 67,088. Lifetime Brands has a 12 month low of $4.71 and a 12 month high of $11.68. The firm's 50-day moving average price is $5.53 and its 200 day moving average price is $6.02. The firm has a market capitalization of $114.77 million, a PE ratio of -5.23, a P/E/G ratio of 0.48 and a beta of 1.35. The company has a quick ratio of 0.97, a current ratio of 2.36 and a debt-to-equity ratio of 0.88.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. DA Davidson cut Lifetime Brands from a "buy" rating to a "neutral" rating and decreased their price target for the company from $11.50 to $6.75 in a research report on Monday, February 3rd. StockNews.com lowered shares of Lifetime Brands from a "buy" rating to a "hold" rating in a research report on Tuesday, February 4th.

Lifetime Brands Company Profile

Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the worldwide. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware.