Alert: New Earnings Report (4/30/24)-Littelfuse Inc (NASDAQ: LFUS).

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Littelfuse Inc (NASDAQ: LFUS) has reported E.P.S. of $1.95 for its first fiscal quarter (ending March 31) versus $3.58 for the same period a year ago — a decline of -46%. Relative to the consensus estimate of $2.50, this was a shortfall of $-0.55. For the latest four quarters through March 31, E.P.S. were $8.81 compared to $13.92 a year ago — a decline of -37%.

Recent Price Action

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On 4/30/24, Littelfuse Inc (NASDAQ: LFUS) stock declined by -2.2%, closing at $230.64. Moreover, trading volume in this decline was above average at 141% of normal. Relative to the market the stock has been weak over the last nine months but has risen 0.8% during the last week.

Current PriceTarget Research Rating

LFUS is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Littelfuse has a current Value Trend Rating of D (Negative). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Littelfuse has a neutral Appreciation Score of 46 and a slightly negative Power Rating of 30, triggering the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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