Ethan Allen Interiors (NYSE:ETD) Rating Reiterated by Telsey Advisory Group

Ethan Allen Interiors (NYSE:ETD)‘s stock had its “market perform” rating reissued by equities researchers at Telsey Advisory Group in a report issued on Thursday, Benzinga reports. They currently have a $30.00 price objective on the stock. Telsey Advisory Group’s price objective would indicate a potential upside of 4.09% from the stock’s current price. Telsey Advisory Group also issued estimates for Ethan Allen Interiors’ Q1 2025 earnings at $0.59 EPS, Q2 2025 earnings at $0.65 EPS, Q4 2025 earnings at $0.70 EPS and FY2026 earnings at $2.70 EPS.

Ethan Allen Interiors Trading Down 0.8 %

Shares of ETD opened at $28.82 on Thursday. The company has a market cap of $732.03 million, a price-to-earnings ratio of 10.48 and a beta of 1.22. The business’s fifty day simple moving average is $32.49 and its two-hundred day simple moving average is $30.31. Ethan Allen Interiors has a 12 month low of $24.76 and a 12 month high of $36.19.

Ethan Allen Interiors (NYSE:ETD) last announced its quarterly earnings results on Wednesday, April 24th. The company reported $0.48 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.66 by ($0.18). Ethan Allen Interiors had a net margin of 10.63% and a return on equity of 14.99%. The business had revenue of $146.42 million for the quarter, compared to the consensus estimate of $168.15 million. During the same period in the previous year, the company earned $0.86 earnings per share. The company’s revenue for the quarter was down 21.4% compared to the same quarter last year. As a group, research analysts forecast that Ethan Allen Interiors will post 2.7 EPS for the current year.

Institutional Investors Weigh In On Ethan Allen Interiors

A number of large investors have recently added to or reduced their stakes in the stock. Linden Thomas Advisory Services LLC grew its holdings in shares of Ethan Allen Interiors by 15.0% in the third quarter. Linden Thomas Advisory Services LLC now owns 11,863 shares of the company’s stock worth $355,000 after acquiring an additional 1,549 shares during the period. Tectonic Advisors LLC grew its stake in shares of Ethan Allen Interiors by 21.1% during the 3rd quarter. Tectonic Advisors LLC now owns 37,779 shares of the company’s stock valued at $1,130,000 after purchasing an additional 6,588 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its position in shares of Ethan Allen Interiors by 6.1% during the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 12,332 shares of the company’s stock valued at $369,000 after purchasing an additional 711 shares during the last quarter. Inspire Investing LLC bought a new position in shares of Ethan Allen Interiors in the 3rd quarter worth approximately $631,000. Finally, Joule Financial LLC boosted its holdings in shares of Ethan Allen Interiors by 25.1% in the third quarter. Joule Financial LLC now owns 13,559 shares of the company’s stock worth $405,000 after buying an additional 2,717 shares during the last quarter. Institutional investors own 83.80% of the company’s stock.

About Ethan Allen Interiors

Ethan Allen Interiors Inc operates as an interior design company, and manufacturer and retailer of home furnishings in the United States, Mexico, Honduras, and Canada. The company operates in two segments, Wholesale and Retail. Its products include case goods items, such as beds, dressers, armoires, tables, chairs, buffets, entertainment units, home office furniture, and wooden accents; upholstery comprising fabric-covered items, such as sleepers, recliners and other motion furniture, chairs, ottomans, custom pillows, sofas, loveseats, cut fabrics, and leather; and home accent items consisting of window treatments and drapery hardware, wall decors, florals, lighting, clocks, mattresses, bedspreads, throws, pillows, decorative accents, area rugs, wall coverings, and home and garden furnishings.