Lifetime Brands FY2025 EPS Forecast Decreased by Sidoti Csr

Lifetime Brands, Inc. (NASDAQ:LCUT) – Equities researchers at Sidoti Csr lowered their FY2025 earnings per share (EPS) estimates for Lifetime Brands in a research report issued on Tuesday, January 14th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will post earnings per share of $0.74 for the year, down from their prior forecast of $0.77. The consensus estimate for Lifetime Brands’ current full-year earnings is $0.55 per share.

Lifetime Brands (NASDAQ:LCUT) last released its earnings results on Thursday, November 7th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.38 by ($0.17). The firm had revenue of $183.84 million during the quarter, compared to the consensus estimate 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 period in the prior year, the business posted $0.36 earnings per share.

Several other analysts also recently commented on LCUT. DA Davidson reduced 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. StockNews.com upgraded shares of Lifetime Brands from a “hold” rating to a “buy” rating in a research report on Monday. Finally, Canaccord Genuity Group decreased their target price on Lifetime Brands from $10.00 to $9.00 and set a “buy” rating on the stock in a research report on Friday, October 18th.

Lifetime Brands Stock Up 1.4 %

LCUT opened at $5.73 on Wednesday. The stock’s fifty day simple moving average is $5.92 and its 200 day simple moving average is $6.61. Lifetime Brands has a 1-year low of $5.25 and a 1-year high of $11.68. The stock has a market cap of $126.96 million, a PE ratio of -5.79, a price-to-earnings-growth ratio of 0.83 and a beta of 1.27. 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 Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 14th. Investors of record on Friday, January 31st will be paid a $0.043 dividend. This represents a $0.17 annualized dividend and a yield of 3.00%. The ex-dividend date of this dividend is Friday, January 31st. Lifetime Brands’s dividend payout ratio (DPR) is presently -17.17%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Squarepoint Ops LLC grew its holdings in shares of Lifetime Brands by 28.5% during the 2nd quarter. Squarepoint Ops LLC now owns 20,621 shares of the company’s stock valued at $177,000 after purchasing an additional 4,575 shares during the last quarter. Empowered Funds LLC boosted its position in Lifetime Brands by 5.3% in the third quarter. Empowered Funds LLC now owns 96,093 shares of the company’s stock valued at $628,000 after buying an additional 4,824 shares in the last quarter. Barclays PLC grew its stake in shares of Lifetime Brands by 38.7% during the third quarter. Barclays PLC now owns 19,016 shares of the company’s stock worth $124,000 after buying an additional 5,302 shares during the last quarter. Mackenzie Financial Corp acquired a new position in shares of Lifetime Brands during the second quarter worth $87,000. Finally, Jane Street Group LLC acquired a new position in shares of Lifetime Brands during the third quarter worth $67,000. Institutional investors own 40.62% of the company’s stock.

About Lifetime Brands

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.