Littelfuse (NASDAQ:LFUS) Earns Neutral Rating from Robert W. Baird

Littelfuse (NASDAQ:LFUS - Get Free Report)'s stock had its "neutral" rating reissued by equities research analysts at Robert W. Baird in a note issued to investors on Tuesday, MarketBeat Ratings reports. They currently have a $182.00 target price on the technology company's stock, down from their previous target price of $225.00. Robert W. Baird's price objective would suggest a potential upside of 18.27% from the stock's previous close.

Other equities analysts have also recently issued reports about the company. Benchmark reiterated a "hold" rating on shares of Littelfuse in a research report on Thursday, April 10th. StockNews.com downgraded Littelfuse from a "buy" rating to a "hold" rating in a research note on Thursday, March 27th. Five research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $258.00.

Littelfuse Stock Performance

Shares of Littelfuse stock traded up $1.51 during trading on Tuesday, reaching $153.89. The company's stock had a trading volume of 376,088 shares, compared to its average volume of 147,858. Littelfuse has a 52 week low of $142.10 and a 52 week high of $275.58. The company has a quick ratio of 2.62, a current ratio of 3.61 and a debt-to-equity ratio of 0.32. The business's 50-day moving average price is $204.50 and its 200-day moving average price is $230.51. The firm has a market cap of $3.80 billion, a PE ratio of 34.20, a P/E/G ratio of 2.24 and a beta of 1.30.

Littelfuse (NASDAQ:LFUS - Get Free Report) last announced its earnings results on Tuesday, January 28th. The technology company reported $2.04 EPS for the quarter, hitting the consensus estimate of $2.04. Littelfuse had a net margin of 5.16% and a return on equity of 8.55%. During the same quarter in the previous year, the firm earned $2.02 EPS. Equities analysts forecast that Littelfuse will post 9.49 earnings per share for the current year.

Institutional Trading of Littelfuse

Large investors have recently bought and sold shares of the business. Quent Capital LLC raised its stake in Littelfuse by 525.0% during the fourth quarter. Quent Capital LLC now owns 125 shares of the technology company's stock worth $29,000 after acquiring an additional 105 shares in the last quarter. Geneos Wealth Management Inc. increased its position in Littelfuse by 181.0% during the 4th quarter. Geneos Wealth Management Inc. now owns 163 shares of the technology company's stock worth $38,000 after purchasing an additional 105 shares in the last quarter. Bank of Jackson Hole Trust bought a new position in Littelfuse in the 4th quarter valued at approximately $40,000. Smartleaf Asset Management LLC boosted its position in Littelfuse by 548.3% in the fourth quarter. Smartleaf Asset Management LLC now owns 188 shares of the technology company's stock valued at $44,000 after buying an additional 159 shares in the last quarter. Finally, Global X Japan Co. Ltd. grew its stake in shares of Littelfuse by 221.0% during the fourth quarter. Global X Japan Co. Ltd. now owns 260 shares of the technology company's stock worth $61,000 after buying an additional 179 shares during the last quarter. 96.14% of the stock is owned by institutional investors and hedge funds.

Littelfuse Company Profile

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.