NASDAQ:LCUT

Lifetime Brands (LCUT) Stock Forecast, Price & News

$4.99

0.00 (0.00%)

(As of 05/30/2023 ET)

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Today's Range: $4.91
▼
$5.07
50-Day Range: $4.77
▼
$5.90
52-Week Range: $4.68
▼
$12.44

Volume: 44,916 shs
Average Volume: 44,018 shs
Market Capitalization: $108.23 million

P/E Ratio: N/A
Dividend Yield: 3.41%
Price Target: $10.75

Lifetime Brands MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 115.4% Upside
$10.75 Price Target
Short Interest: Healthy
3.41% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.52
Upright™ Environmental Score
News Sentiment: 0.72
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$15,090 Bought Last Quarter
Proj. Earnings Growth: 73.33%
From $0.60 to $1.04 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.23 out of 5 stars

Consumer Discretionary Sector

3rd out of 278 stocks

Cutlery, Handtools, & General Hardware Industry

1st out of 6 stocks

3.5

Analyst's Opinion

Consensus Rating
Lifetime Brands has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $10.75, Lifetime Brands has a forecasted upside of 115.4% from its current price of $4.99.
Amount of Analyst Coverage
Lifetime Brands has only been the subject of 2 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
3.41% of the float of Lifetime Brands has been sold short.
Short Interest Ratio / Days to Cover
Lifetime Brands has a short interest ratio ("days to cover") of 8.4.
Change versus previous month
Short interest in Lifetime Brands has recently decreased by 1.16%, indicating that investor sentiment is improving.

1.7

Dividend Strength

Dividend Yield
Lifetime Brands pays a meaningful dividend of 3.40%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Lifetime Brands does not have a long track record of dividend growth.
Dividend Sustainability
Based on earnings estimates, Lifetime Brands will have a dividend payout ratio of 16.35% next year. This indicates that Lifetime Brands will be able to sustain or increase its dividend.

2.3

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Lifetime Brands has received a 7.24% net impact score from Upright. Lifetime Brands seems to create the most significant positive value in categories "Taxes", "Nutrition", and "Jobs". The positive contribution in the "Nutrition" impact category is mostly driven by its "Kitchen utensils", "Kitchen knives", "Can openers", "Steel cutlery", "Plastic food containers", and "Baking trays" products. See details.
Environmental Sustainability
The Environmental Impact score for Lifetime Brands is -1.52.

3.2

News and Social Media Coverage

News Sentiment
Lifetime Brands has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Lifetime Brands this week, compared to 1 article on an average week.
Search Interest
2 people have searched for LCUT on MarketBeat in the last 30 days.
MarketBeat Follows
5 people have added Lifetime Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 150% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lifetime Brands insiders have bought more of their company's stock than they have sold. Specifically, they have bought $15,090.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
41.60% of the stock of Lifetime Brands is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
41.24% of the stock of Lifetime Brands is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Lifetime Brands are expected to grow by 73.33% in the coming year, from $0.60 to $1.04 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lifetime Brands is -6.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lifetime Brands is -6.93, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
Lifetime Brands has a PEG Ratio of 0.59. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Lifetime Brands has a P/B Ratio of 0.46. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Lifetime Brands (NASDAQ:LCUT) Stock

Lifetime Brands, Inc. provides kitchenware and tableware products. It operates through the following segments: U.S. and International. The U.S. segment includes the domestic operations of the Company's business that design, market and distribute its products to retailers, distributors and directly to consumers through retail websites. The International segment includes business operations conducted outside the United States. The company was founded in 1945 and is headquartered in Garden City, NY.

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LCUT Stock News Headlines

May 24, 2023 | finance.yahoo.com

Following a 48% decline over last year, recent gains may please Lifetime Brands, Inc. (NASDAQ:LCUT) institutional owners

May 24, 2023 | americanbankingnews.com

CompX International (NYSE:CIX) & Lifetime Brands (NASDAQ:LCUT) Critical Review

May 30, 2023 | Legacy Research (Affiliate) (Ad)

Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast

He predicted the 2020 crash a month before it happened… He predicted this year’s collapse back in January… And now, he’s issuing a brand-new warning – along with a unique solution.

May 22, 2023 | finance.yahoo.com

Wall Street Analysts Predict an 116.05% Upside in Lifetime Brands (LCUT): Here's What You Should Know

May 22, 2023 | finance.yahoo.com

Wall Street Analysts Predict an 116.05% Upside in Lifetime Brands (LCUT): Here's What You Should Know

May 20, 2023 | americanbankingnews.com

Robert Bruce Kay Buys 3,000 Shares of Lifetime Brands, Inc. (NASDAQ:LCUT) Stock

May 15, 2023 | finance.yahoo.com

Best Value Stocks to Buy for May 15th

May 12, 2023 | msn.com

Canaccord Genuity Maintains Lifetime Brands (LCUT) Buy Recommendation

May 30, 2023 | UNKNOWN (Ad)

Lithium Has Boomed And This American Stock Is Ready..

Lithium Has Been On A Crazy Rally Over The Last 3 Year's And This Stock Could Be Next!

May 10, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Reports Q1 Loss, Misses Revenue Estimates

May 10, 2023 | finance.yahoo.com

Lifetime Brands, Inc. Reports First Quarter 2023 Financial Results

May 9, 2023 | msn.com

Preview: Lifetime Brands's Earnings

May 9, 2023 | finance.yahoo.com

Honest (HNST) Reports Q1 Loss, Tops Revenue Estimates

May 8, 2023 | americanbankingnews.com

Lifetime Brands (LCUT) Scheduled to Post Quarterly Earnings on Wednesday

May 4, 2023 | morningstar.com

Principal LifeTime 2050 Institutional

May 4, 2023 | morningstar.com

Principal LifeTime 2035 Institutional

May 3, 2023 | finance.yahoo.com

Lifetime Brands to Report First Quarter 2023 Financial Results on Wednesday, May 10, 2023

May 2, 2023 | morningstar.com

Principal LifeTime 2020 Institutional

May 2, 2023 | finance.yahoo.com

Returns At Lifetime Brands (NASDAQ:LCUT) Appear To Be Weighed Down

April 26, 2023 | americanbankingnews.com

Lifetime Brands, Inc. (LCUT) To Go Ex-Dividend on April 28th

April 26, 2023 | morningstar.com

Principal LifeTime 2040 J

April 3, 2023 | markets.businessinsider.com

Lifetime Brands (LCUT) Receives a New Rating from Canaccord Genuity

April 2, 2023 | finance.yahoo.com

Is There An Opportunity With Lifetime Brands, Inc.'s (NASDAQ:LCUT) 49% Undervaluation?

April 2, 2023 | americanbankingnews.com

Lifetime Brands, Inc. (NASDAQ:LCUT) Sees Large Increase in Short Interest

March 31, 2023 | americanbankingnews.com

Lifetime Brands (NASDAQ:LCUT) Now Covered by Analysts at Canaccord Genuity Group

March 31, 2023 | msn.com

Canaccord Genuity Initiates Coverage of Lifetime Brands (LCUT) with Buy Recommendation

March 21, 2023 | americanbankingnews.com

DA Davidson Reaffirms "Buy" Rating for Lifetime Brands (NASDAQ:LCUT)

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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LCUT Company Calendar

Last Earnings: 3/09/2023
Ex-Dividend for 5/15 Dividend: 4/28/2023
Dividend Payable: 5/15/2023
Today: 5/30/2023
Next Earnings (Estimated): 8/03/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Cutlery, handtools, & general hardware
Sub-Industry: Housewares & Specialties
Sector: Consumer Discretionary
Current Symbol: NASDAQ:LCUT
CUSIP: 53222Q10
CIK: 874396
Web: www.lifetimebrands.com
Phone: (516) 683-6000
Fax: 516-555-0101
Employees: 1,260
Year Founded: 1945

Price Target and Rating

Average Stock Price Forecast: $10.75
High Stock Price Forecast: $12.00
Low Stock Price Forecast: $9.50
Forecasted Upside/Downside: +116.3%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.72)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 8.28
P/E Growth: 0.59
Net Income: $-6,170,000.00
Net Margins: -2.22%
Pretax Margin: N/A
Return on Equity: 1.10%
Return on Assets: 0.35%

Debt

Debt-to-Equity Ratio: 1.12
Current Ratio: 3.23
Quick Ratio: 1.48

Sales & Book Value

Annual Sales: $727.66 million
Price / Sales: 0.15
Cash Flow: $1.27 per share
Price / Cash Flow: 3.92
Book Value: $10.91 per share
Price / Book: 0.46

Miscellaneous

Outstanding Shares: 21,690,000
Free Float: 12,669,000
Market Cap: $107.80 million
Optionable: Optionable
Beta: 1.18

Social Links

Key Executives

Robert B. Kay
Chief Executive Officer & Director

Daniel Todd Siegel
President

Laurence Winoker
CFO, Treasurer, CAO & Senior VP-Finance

Sara Shindel
Secretary & General Counsel

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LCUT Stock - Frequently Asked Questions

Should I buy or sell Lifetime Brands stock right now?: 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lifetime Brands in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LCUT shares.
View LCUT analyst ratings or view top-rated stocks.
What is Lifetime Brands' stock price forecast for 2023?: 2 equities research analysts have issued 12 month target prices for Lifetime Brands' stock. Their LCUT share price forecasts range from $9.50 to $12.00. On average, they anticipate the company's stock price to reach $10.75 in the next year. This suggests a possible upside of 116.3% from the stock's current price.
View analysts price targets for LCUT or view top-rated stocks among Wall Street analysts.
How have LCUT shares performed in 2023?: Lifetime Brands' stock was trading at $7.59 at the beginning of 2023. Since then, LCUT shares have decreased by 34.5% and is now trading at $4.97.
View the best growth stocks for 2023 here.
When is Lifetime Brands' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 3rd 2023.
View our LCUT earnings forecast.
How were Lifetime Brands' earnings last quarter?: Lifetime Brands, Inc. (NASDAQ:LCUT) announced its quarterly earnings results on Thursday, March, 9th. The company reported $0.22 EPS for the quarter, beating analysts' consensus estimates of $0.19 by $0.03. The firm earned $207.04 million during the quarter, compared to analyst estimates of $195.08 million. Lifetime Brands had a negative net margin of 2.22% and a positive trailing twelve-month return on equity of 1.10%.
How often does Lifetime Brands pay dividends? What is the dividend yield for Lifetime Brands?: Lifetime Brands declared a quarterly dividend on Wednesday, March 8th. Stockholders of record on Monday, May 1st will be given a dividend of $0.043 per share on Monday, May 15th. This represents a $0.17 annualized dividend and a dividend yield of 3.46%. The ex-dividend date of this dividend is Friday, April 28th.
Read our dividend analysis for LCUT.
Is Lifetime Brands a good dividend stock?: Lifetime Brands (NASDAQ:LCUT) pays an annual dividend of $0.17 per share and currently has a dividend yield of 3.40%.
Read our dividend analysis for LCUT.
What guidance has Lifetime Brands issued on next quarter's earnings?: Lifetime Brands updated its FY 2023 earnings guidance on Friday, May, 12th. The company provided earnings per share guidance of $0.58-$0.69 for the period, compared to the consensus EPS estimate of $0.39. The company issued revenue guidance of $660.00 million-$720.00 million, compared to the consensus revenue estimate of $721.29 million.

What is Robert Kay's approval rating as Lifetime Brands' CEO?: 2 employees have rated Lifetime Brands Chief Executive Officer Robert Kay on Glassdoor.com. Robert Kay has an approval rating of 100% among the company's employees. This puts Robert Kay in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Lifetime Brands own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Lifetime Brands investors own include Energy Transfer (ET), AT&T (T), Acme United (ACU), CBL & Associates Properties (CBL), Verizon Communications (VZ), Ford Motor (F), Pfizer (PFE), TELUS (TU), AbbVie (ABBV) and Advanced Micro Devices (AMD).
What is Lifetime Brands' stock symbol?: Lifetime Brands trades on the NASDAQ under the ticker symbol "LCUT."
Who are Lifetime Brands' major shareholders?: Lifetime Brands' stock is owned by a number of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (6.15%), BlackRock Inc. (3.83%), Martin & Co. Inc. TN (1.13%), Ameriprise Financial Inc. (1.11%), Geode Capital Management LLC (1.07%) and Guardian Wealth Management Inc. (0.65%). Insiders that own company stock include Craig Phillips, Daniel Siegel, Laurence Winoker and Robert Bruce Kay.
View institutional ownership trends.
How do I buy shares of Lifetime Brands?: Shares of LCUT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Lifetime Brands' stock price today?: One share of LCUT stock can currently be purchased for approximately $4.97.
How much money does Lifetime Brands make?: Lifetime Brands (NASDAQ:LCUT) has a market capitalization of $107.80 million and generates $727.66 million in revenue each year. The company earns $-6,170,000.00 in net income (profit) each year or ($0.72) on an earnings per share basis.
How many employees does Lifetime Brands have?: The company employs 1,260 workers across the globe.
How can I contact Lifetime Brands?: Lifetime Brands' mailing address is 1000 STEWART AVENUE, GARDEN CITY NY, 11530. The official website for the company is www.lifetimebrands.com. The company can be reached via phone at (516) 683-6000, via email at investor.relations@lifetimebrands.com, or via fax at 516-555-0101.

This page (NASDAQ:LCUT) was last updated on 5/30/2023 by MarketBeat.com Staff

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