Q1 EPS Estimates for Lifetime Brands Decreased by Sidoti Csr

Lifetime Brands, Inc. (NASDAQ:LCUT - Free Report) - Research analysts at Sidoti Csr lowered their Q1 2025 EPS estimates for shares of Lifetime Brands in a report released on Tuesday, January 14th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the company will post earnings of ($0.13) per share for the quarter, down from their previous forecast of ($0.12). The consensus estimate for Lifetime Brands' current full-year earnings is $0.55 per share. Sidoti Csr also issued estimates for Lifetime Brands' Q2 2025 earnings at ($0.06) EPS.

LCUT has been the subject of a number of other research reports. StockNews.com upgraded Lifetime Brands from a "hold" rating to a "buy" rating in a research report on Monday. DA Davidson decreased their target price on shares of Lifetime Brands from $14.00 to $11.50 and set a "buy" rating for the company in a report on Wednesday, December 11th. Finally, Canaccord Genuity Group cut their price target on shares of Lifetime Brands from $10.00 to $9.00 and set a "buy" rating on the stock in a report on Friday, October 18th.

Lifetime Brands Price Performance

Shares of LCUT traded up $0.12 during trading hours on Thursday, hitting $5.85. 42,250 shares of the company were exchanged, compared to its average volume of 32,725. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.36 and a quick ratio of 0.97. The company has a market capitalization of $129.64 million, a PE ratio of -5.91, a PEG ratio of 0.50 and a beta of 1.27. The firm has a fifty day simple moving average of $5.91 and a 200-day simple moving average of $6.61. Lifetime Brands has a one year low of $5.25 and a one year high of $11.68.

Lifetime Brands (NASDAQ:LCUT - Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.21 earnings per share for the quarter, missing analysts' consensus estimates of $0.38 by ($0.17). The business had revenue of $183.84 million for the quarter, compared to the consensus estimate of $193.90 million. Lifetime Brands had a positive return on equity of 3.13% and a negative net margin of 3.19%. During the same quarter in the previous year, the business posted $0.36 earnings per share.

Lifetime Brands Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Stockholders of record on Friday, January 31st will be issued a dividend of $0.043 per share. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.17 dividend on an annualized basis and a dividend yield of 2.94%. Lifetime Brands's dividend payout ratio is -17.17%.

Institutional Investors Weigh In On Lifetime Brands

Several hedge funds have recently bought and sold shares of the business. Geode Capital Management LLC grew its stake in Lifetime Brands by 3.9% during the 3rd quarter. Geode Capital Management LLC now owns 294,291 shares of the company's stock valued at $1,925,000 after acquiring an additional 11,118 shares in the last quarter. Barclays PLC grew its position in Lifetime Brands by 38.7% during the third quarter. Barclays PLC now owns 19,016 shares of the company's stock valued at $124,000 after purchasing an additional 5,302 shares in the last quarter. Squarepoint Ops LLC increased its stake in Lifetime Brands by 28.5% in the 2nd quarter. Squarepoint Ops LLC now owns 20,621 shares of the company's stock valued at $177,000 after buying an additional 4,575 shares during the period. JB Capital Partners LP lifted its position in Lifetime Brands by 13.0% in the 3rd quarter. JB Capital Partners LP now owns 940,814 shares of the company's stock worth $6,106,000 after buying an additional 108,193 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Lifetime Brands by 22.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 151,186 shares of the company's stock worth $1,299,000 after buying an additional 28,104 shares in the last quarter. 40.62% of the stock is owned by hedge funds and other institutional investors.

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.