Media stories about Lifetime Brands (NASDAQ:LCUT) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lifetime Brands earned a news sentiment score of 0.04 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 48.3155881511154 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
LCUT stock traded down $0.15 during midday trading on Wednesday, reaching $11.25. 10,500 shares of the company’s stock traded hands, compared to its average volume of 36,383. The firm has a market capitalization of $241.63 million, a PE ratio of 15.85 and a beta of 1.03. The company has a current ratio of 3.22, a quick ratio of 1.20 and a debt-to-equity ratio of 1.21. Lifetime Brands has a 52 week low of $10.00 and a 52 week high of $19.70.
Lifetime Brands (NASDAQ:LCUT) last announced its quarterly earnings results on Monday, August 6th. The company reported ($0.28) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.08) by ($0.20). The business had revenue of $148.65 million for the quarter. Lifetime Brands had a negative net margin of 1.96% and a negative return on equity of 0.58%. equities analysts predict that Lifetime Brands will post 0.88 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 15th. Shareholders of record on Thursday, November 1st will be paid a dividend of $0.0425 per share. The ex-dividend date of this dividend is Wednesday, October 31st. This represents a $0.17 dividend on an annualized basis and a yield of 1.51%. Lifetime Brands’s dividend payout ratio (DPR) is presently 23.94%.
Separately, BidaskClub upgraded shares of Lifetime Brands from a “buy” rating to a “strong-buy” rating in a research note on Tuesday, June 26th.
Lifetime Brands Company Profile
Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company operates through three segments: U.S. Wholesale, International, and Retail Direct. It offers kitchenware products, including kitchen tools and gadgets, cutlery, cutting boards, shears, cookware, pantry ware, spice racks, and bakeware, as well as novelty kitchen tools, tableware accessories, party goods, personal accessories, and other products; and tableware products comprising dinnerware, stemware, flatware, and giftware.
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