Ethan Allen Interiors (ETH) Posts Quarterly Results - InvestingChannel News

Ethan Allen Interiors (ETH) Posts Quarterly Results

Ethan Allen Interiors (NYSE: ETH) released its earnings data on Tuesday. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.38 by $0.01. The company had revenue of $191.30 million for the quarter, compared to the consensus estimate of $191.35 million. During the same quarter in 2012, the company posted $0.30 earnings per share. Ethan Allen Interiors?s revenue was up 4.4% compared to the same quarter last year.

ETH has been the subject of a number of recent research reports. Analysts at Zacks downgraded shares of Ethan Allen Interiors from an ?outperform? rating to a ?neutral? rating in a research note to investors on Wednesday, December 19th. They now have a $28.90 price target on the stock. Analysts at Stifel Nicolaus downgraded shares of Ethan Allen Interiors from a ?buy? rating to a ?hold? rating in a research note to investors on Friday, December 14th. They now have a $32.00 price target on the stock. Two analysts have rated the stock with a buy rating, four have issued a hold rating, and one has assigned an underweight rating to the stock. The stock has an average rating of ?hold? and an average target price of $33.00.

Shares of Ethan Allen Interiors (ETH) traded up 1.15% during mid-day trading on Tuesday, hitting $28.25. Ethan Allen Interiors (ETH) has a 52 week low of $18.00 and a 52 week high of $30.29. The stock?s 50-day moving average is currently $26.64. The company has a market cap of $814.7 million and a P/E ratio of 15.27. Ethan Allen Interiors Inc. (Ethan Allen), through its wholly owned subsidiary, Ethan Allen Global, Inc.