What is Sidoti's Estimate for Lifetime Brands Q3 Earnings?

Key Points

• Analyst Sidoti cut its Q3 2027 EPS estimate for Lifetime Brands to $0.32 from $0.34, while the consensus full‑year earnings estimate stands at $0.61 per share.
• Lifetime Brands reported a much stronger‑than‑expected quarter on March 12 with EPS of $1.05 versus a consensus of $0.18 and revenue of $204.1M, but the company still showed a negative net margin (‑4.16%) and mixed analyst ratings (one Buy, two Hold, one Sell) with an average price target of $5.00.
• Shares opened at $5.95 and were down 11.3%; the company has a market cap of about $136M and recently declared a quarterly dividend of $0.0425 (annualized yield ~2.9%), payable May 15.

Lifetime Brands, Inc. (NASDAQ:LCUT - Free Report) - Analysts at Sidoti lowered their Q3 2027 earnings estimates for Lifetime Brands in a note issued to investors on Monday, May 4th. Sidoti analyst A. Lebiedzinski now forecasts that the company will earn $0.32 per share for the quarter, down from their prior forecast of $0.34. The consensus estimate for Lifetime Brands' current full-year earnings is $0.61 per share.

Lifetime Brands (NASDAQ:LCUT - Get Free Report) last announced its quarterly earnings results on Thursday, March 12th. The company reported $1.05 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.87. The firm had revenue of $204.07 million during the quarter, compared to analysts' expectations of $202.09 million. Lifetime Brands had a negative net margin of 4.16% and a positive return on equity of 4.66%.

LCUT has been the topic of a number of other reports. Zacks Research downgraded Lifetime Brands from a "strong-buy" rating to a "hold" rating in a report on Wednesday, April 15th. Roth Mkm started coverage on Lifetime Brands in a research report on Friday, February 13th. They set a "buy" rating and a $5.00 price objective on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of Lifetime Brands in a research note on Thursday, January 22nd. Canaccord Genuity Group boosted their target price on shares of Lifetime Brands from $3.50 to $5.00 and gave the stock a "hold" rating in a report on Thursday, April 16th. Finally, Wall Street Zen raised shares of Lifetime Brands to a "hold" rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average price target of $5.00.

Lifetime Brands Stock Down 11.3%

Lifetime Brands stock opened at $5.95 on Tuesday. The business has a fifty day moving average of $5.26 and a two-hundred day moving average of $4.23. The company has a quick ratio of 1.37, a current ratio of 2.85 and a debt-to-equity ratio of 0.89. The firm has a market cap of $135.96 million, a P/E ratio of -4.80, a P/E/G ratio of 0.79 and a beta of 0.92. Lifetime Brands has a twelve month low of $2.89 and a twelve month high of $8.20.

Lifetime Brands Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Friday, May 1st will be issued a dividend of $0.0425 per share. The ex-dividend date is Friday, May 1st. This represents a $0.17 annualized dividend and a dividend yield of 2.9%. Lifetime Brands's dividend payout ratio is -13.71%.

Institutional Trading of Lifetime Brands

Several large investors have recently bought and sold shares of LCUT. JB Capital Partners LP lifted its stake in shares of Lifetime Brands by 2.5% during the fourth quarter. JB Capital Partners LP now owns 1,627,852 shares of the company's stock worth $6,430,000 after buying an additional 40,000 shares during the period. Ameriprise Financial Inc. increased its position in shares of Lifetime Brands by 16.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 908,722 shares of the company's stock valued at $4,634,000 after acquiring an additional 130,650 shares during the period. Bridgeway Capital Management LLC increased its position in shares of Lifetime Brands by 3.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 243,414 shares of the company's stock valued at $942,000 after acquiring an additional 8,820 shares during the period. Empowered Funds LLC increased its position in shares of Lifetime Brands by 7.3% in the 1st quarter. Empowered Funds LLC now owns 108,458 shares of the company's stock valued at $535,000 after acquiring an additional 7,385 shares during the period. Finally, Jane Street Group LLC raised 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 acquiring 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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