Lifetime Brands, Inc. (NASDAQ:LCUT – Free Report) – Investment analysts at Sidoti Csr decreased their Q1 2025 EPS estimates for Lifetime Brands in a report issued 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.
Several other equities analysts have also commented on LCUT. StockNews.com raised Lifetime Brands from a “hold” rating to a “buy” rating in a research report on Monday. Canaccord Genuity Group dropped their price objective on shares of Lifetime Brands from $10.00 to $9.00 and set a “buy” rating on the stock in a research note on Friday, October 18th. Finally, 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 research note on Wednesday, December 11th.
Lifetime Brands Trading Up 1.4 %
LCUT stock opened at $5.73 on Thursday. The company has a current ratio of 2.36, a quick ratio of 0.97 and a debt-to-equity ratio of 0.88. Lifetime Brands has a fifty-two week low of $5.25 and a fifty-two week high of $11.68. The business’s 50 day moving average price is $5.92 and its two-hundred day moving average price is $6.61.
Lifetime Brands (NASDAQ:LCUT – Get Free Report) last announced 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). Lifetime Brands had a negative net margin of 3.19% and a positive return on equity of 3.13%. The company had revenue of $183.84 million for the quarter, compared to the consensus estimate of $193.90 million. During the same period in the previous year, the firm posted $0.36 EPS.
Lifetime Brands Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be issued a $0.043 dividend. This represents a $0.17 dividend on an annualized basis and a dividend yield of 3.00%. The ex-dividend date is Friday, January 31st. Lifetime Brands’s payout ratio is -17.17%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently modified their holdings of the business. Bank of New York Mellon Corp raised 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 during the last quarter. Rhumbline Advisers lifted its stake in shares of Lifetime Brands by 579.0% in the 2nd quarter. Rhumbline Advisers now owns 13,173 shares of the company’s stock worth $113,000 after purchasing an additional 11,233 shares during the period. American Century Companies Inc. boosted its holdings in shares of Lifetime Brands by 88.0% in the second quarter. American Century Companies Inc. now owns 161,252 shares of the company’s stock worth $1,385,000 after buying an additional 75,475 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in Lifetime Brands by 3.3% during the second quarter. Dimensional Fund Advisors LP now owns 1,216,375 shares of the company’s stock valued at $10,449,000 after buying an additional 38,471 shares during the last quarter. Finally, Renaissance Technologies LLC raised its position in Lifetime Brands by 14.8% in the second quarter. Renaissance Technologies LLC now owns 108,051 shares of the company’s stock worth $928,000 after acquiring an additional 13,900 shares during the period. 40.62% of the stock is owned by 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.
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