Ethan Allen Interiors (NYSE:ETD) Releases Earnings Results, Misses Expectations By $0.01 EPS

Ethan Allen Interiors (NYSE:ETD) posted its quarterly earnings data on Wednesday. The company reported $0.59 EPS for the quarter, missing the consensus estimate of $0.60 by ($0.01), Zacks reports. Ethan Allen Interiors had a net margin of 9.99% and a return on equity of 13.12%.

Ethan Allen Interiors Stock Down 1.0 %

Shares of NYSE:ETD traded down $0.29 during midday trading on Wednesday, reaching $28.64. 267,669 shares of the company traded hands, compared to its average volume of 200,904. The firm has a market capitalization of $728.37 million, a price-to-earnings ratio of 11.60 and a beta of 1.31. Ethan Allen Interiors has a 12 month low of $26.53 and a 12 month high of $35.62. The firm’s fifty day moving average price is $29.12 and its two-hundred day moving average price is $29.87.

Insider Activity

In related news, CEO M Farooq Kathwari sold 10,000 shares of the business’s stock in a transaction dated Friday, January 17th. The stock was sold at an average price of $28.67, for a total transaction of $286,700.00. Following the completion of the transaction, the chief executive officer now directly owns 1,651,905 shares in the company, valued at $47,360,116.35. The trade was a 0.60 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 10.48% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Telsey Advisory Group reissued a “market perform” rating and issued a $32.00 price objective on shares of Ethan Allen Interiors in a report on Friday, January 24th. Argus reissued a “hold” rating on shares of Ethan Allen Interiors in a research report on Monday, January 13th.

Ethan Allen Interiors Company Profile

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.