Sidoti Issues Positive Estimate for Lifetime Brands Earnings

Key Points

• Sidoti sharply raised Lifetime Brands’ FY2026 EPS estimate to $2.10 from $0.78, well above the current consensus estimate of $0.73. The firm also projected a Q2 2027 loss of $0.08 per share.
• Lifetime Brands reported quarterly EPS of $1.18, beating expectations for a $0.21 loss, while revenue of $141.57 million exceeded the $136.64 million consensus estimate.
• The stock opened at $9.27 and carries a “Moderate Buy” consensus rating with an $8.50 price target. The company also declared a quarterly dividend of $0.0425 per share, representing a 1.8% annualized yield.

Lifetime Brands, Inc. (NASDAQ:LCUT - Free Report) - Equities researchers at Sidoti boosted their FY2026 earnings estimates for shares of Lifetime Brands in a note issued to investors on Friday, August 7th. Sidoti analyst A. Lebiedzinski now anticipates that the company will post earnings per share of $2.10 for the year, up from their previous estimate of $0.78. The consensus estimate for Lifetime Brands' current full-year earnings is $0.73 per share. Sidoti also issued estimates for Lifetime Brands' Q2 2027 earnings at ($0.08) EPS.

Several other equities research analysts have also recently commented on LCUT. Canaccord Genuity Group upped their price target on Lifetime Brands from $6.00 to $7.00 and gave the stock a "hold" rating in a research note on Wednesday, July 22nd. Roth Capital raised their price objective on shares of Lifetime Brands from $8.00 to $10.00 and gave the company a "buy" rating in a research note on Monday, July 13th. Wall Street Zen raised shares of Lifetime Brands from a "buy" rating to a "strong-buy" rating in a report on Sunday, May 17th. Weiss Ratings restated a "sell (d-)" rating on shares of Lifetime Brands in a research report on Monday, July 6th. Finally, Zacks Research upgraded shares of Lifetime Brands from a "hold" rating to a "strong-buy" rating in a research report on Friday. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $8.50.

Lifetime Brands Trading Up 0.9%

Shares of LCUT stock opened at $9.27 on Tuesday. The business's 50 day moving average is $8.61 and its two-hundred day moving average is $6.51. Lifetime Brands has a twelve month low of $2.90 and a twelve month high of $10.12. The company has a market capitalization of $213.12 million, a P/E ratio of 6.48, a price-to-earnings-growth ratio of 0.90 and a beta of 1.00. The company has a current ratio of 2.11, a quick ratio of 0.99 and a debt-to-equity ratio of 0.51.

Lifetime Brands (NASDAQ:LCUT - Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $1.18 earnings per share for the quarter, topping the consensus estimate of ($0.21) by $1.39. The business had revenue of $141.57 million during the quarter, compared to the consensus estimate of $136.64 million. Lifetime Brands had a net margin of 4.81% and a return on equity of 26.39%.

Lifetime Brands Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, October 30th will be issued a dividend of $0.0425 per share. The ex-dividend date is Friday, October 30th. This represents a $0.17 dividend on an annualized basis and a dividend yield of 1.8%. Lifetime Brands's payout ratio is 11.89%.

Hedge Funds Weigh In On Lifetime Brands

Institutional investors and hedge funds have recently modified their holdings of the company. Qube Research & Technologies Ltd purchased a new stake in Lifetime Brands in the 2nd quarter worth approximately $88,000. Deutsche Bank AG purchased a new stake in shares of Lifetime Brands in the second quarter valued at $102,000. Arrowstreet Capital Limited Partnership acquired a new position in Lifetime Brands in the third quarter valued at $118,000. Bank of America Corp DE lifted its position in Lifetime Brands by 39.0% during the first quarter. Bank of America Corp DE now owns 20,722 shares of the company's stock worth $119,000 after buying an additional 5,809 shares during the period. Finally, Jane Street Group LLC boosted its stake in Lifetime Brands by 388.4% in the 4th quarter. Jane Street Group LLC now owns 51,795 shares of the company's stock worth $205,000 after buying an additional 41,191 shares during the last quarter. Hedge funds and other institutional investors own 40.62% of the company's stock.

About Lifetime Brands

Lifetime Brands, Inc, through its subsidiaries, designs, sources, manufactures and distributes a broad portfolio of consumer products for the home. Headquartered in Garden City, New York, the company operates three primary business segments—Kitchenware, Tabletop & Home Décor and Tools & Storage—providing solutions for food preparation, cooking, serving and storage under both proprietary and licensed brand names.

In the Kitchenware segment, Lifetime Brands offers cookware, bakeware, cutlery and small electric appliances under brands such as Farberware and Chef'sChoice.

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