Somewhat Favorable Press Coverage Very Likely to Affect Ethan Allen Interiors (ETH) Stock Price

Media coverage about Ethan Allen Interiors (NYSE:ETH) has been trending somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Ethan Allen Interiors earned a daily sentiment score of 0.06 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 87 out of 100, meaning that recent news coverage is very likely to have an effect on the stock’s share price in the next few days.

Here are some of the headlines that may have effected Accern’s rankings:

Ethan Allen Interiors (NYSE:ETH) traded up 0.16% during trading on Friday, hitting $31.50. 406,432 shares of the stock traded hands. The stock has a market cap of $864.58 million, a P/E ratio of 24.42 and a beta of 1.16. The company’s 50 day moving average price is $31.29 and its 200-day moving average price is $29.82. Ethan Allen Interiors has a 52-week low of $26.75 and a 52-week high of $38.80.

Ethan Allen Interiors (NYSE:ETH) last released its earnings results on Wednesday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.42. The company had revenue of $194.90 million for the quarter, compared to analyst estimates of $194.94 million. Ethan Allen Interiors had a net margin of 4.74% and a return on equity of 10.17%. The firm’s quarterly revenue was down 5.3% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. Equities research analysts forecast that Ethan Allen Interiors will post $1.75 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 25th. Shareholders of record on Tuesday, October 10th will be issued a $0.19 dividend. The ex-dividend date is Friday, October 6th. This represents a $0.76 dividend on an annualized basis and a yield of 2.41%. Ethan Allen Interiors’s dividend payout ratio (DPR) is 58.92%.

Several equities research analysts have recently weighed in on ETH shares. TheStreet raised shares of Ethan Allen Interiors from a “c+” rating to a “b-” rating in a research report on Thursday, June 29th. Stifel Nicolaus decreased their price target on shares of Ethan Allen Interiors from $34.00 to $30.00 and set a “hold” rating for the company in a report on Friday, April 28th. Telsey Advisory Group decreased their price target on shares of Ethan Allen Interiors from $36.00 to $33.00 and set an “outperform” rating for the company in a report on Thursday, April 27th. Finally, BidaskClub upgraded shares of Ethan Allen Interiors from a “hold” rating to a “buy” rating in a research note on Tuesday, August 1st. Three analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. The company currently has an average rating of “Buy” and a consensus target price of $33.25.

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About Ethan Allen Interiors

Ethan Allen Interiors Inc is an interior design company. The Company is a manufacturer and retailer of home furnishings. The Company operates through two segments, which include wholesale and retail. The Company is an international home fashion brand doing business in North America, Europe, Asia and the Middle East.

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