Lifetime Brands, Inc. (NASDAQ:LCUT - Free Report) - Investment analysts at Sidoti Csr cut their Q1 2025 EPS estimates for Lifetime Brands in a research report issued on Monday, November 11th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the company will post earnings of ($0.12) per share for the quarter, down from their prior estimate of ($0.10). 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 ($0.05) EPS, Q4 2025 earnings at $0.54 EPS and FY2025 earnings at $0.77 EPS.
A number of other research firms also recently commented on LCUT. Canaccord Genuity Group decreased their price objective 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. DA Davidson upped their target price on Lifetime Brands from $13.50 to $14.00 and gave the company a "buy" rating in a report on Monday, August 12th. Finally, StockNews.com upgraded shares of Lifetime Brands from a "hold" rating to a "buy" rating in a research report on Saturday.
View Our Latest Analysis on Lifetime Brands
Lifetime Brands Price Performance
Lifetime Brands stock traded up $0.06 during midday trading on Wednesday, reaching $5.88. The company's stock had a trading volume of 41,473 shares, compared to its average volume of 76,575. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.92 and a current ratio of 2.36. Lifetime Brands has a fifty-two week low of $5.25 and a fifty-two week high of $11.68. The firm has a market capitalization of $130.30 million, a PE ratio of -5.95, a P/E/G ratio of 0.76 and a beta of 1.26. The stock's 50 day simple moving average is $6.27 and its 200 day simple moving average is $7.92.
Lifetime Brands (NASDAQ:LCUT - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.38 by ($0.17). The firm had revenue of $183.84 million during the quarter, compared to analyst estimates of $193.90 million. Lifetime Brands had a negative net margin of 3.19% and a positive return on equity of 3.13%. During the same quarter in the previous year, the business earned $0.36 EPS.
Lifetime Brands Announces Dividend
The business 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 $0.043 dividend. 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 2.93%. Lifetime Brands's dividend payout ratio (DPR) is -17.17%.
Institutional Trading of Lifetime Brands
Institutional investors and hedge funds have recently made changes to their positions in the stock. Mackenzie Financial Corp acquired a new position in Lifetime Brands in the 2nd quarter valued at about $87,000. Rhumbline Advisers raised its position in shares of Lifetime Brands by 579.0% in the second quarter. Rhumbline Advisers now owns 13,173 shares of the company's stock valued at $113,000 after buying an additional 11,233 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Lifetime Brands by 657.8% in the third quarter. BNP Paribas Financial Markets now owns 18,096 shares of the company's stock valued at $118,000 after buying an additional 15,708 shares during the last quarter. Squarepoint Ops LLC boosted its position in Lifetime Brands by 28.5% during the second quarter. Squarepoint Ops LLC now owns 20,621 shares of the company's stock worth $177,000 after acquiring an additional 4,575 shares during the last quarter. Finally, Heron Bay Capital Management boosted its position in Lifetime Brands by 81.1% during the first quarter. Heron Bay Capital Management now owns 18,690 shares of the company's stock worth $196,000 after acquiring an additional 8,369 shares during the last quarter. 40.62% of the stock is currently owned by hedge funds and other institutional investors.
About Lifetime Brands
(
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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.
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