NASDAQ:LCUT

Lifetime Brands (LCUT) Stock Forecast, Price & News

$5.54

+0.09 (+1.65%)

(As of 09/26/2023 ET)

Compare

Today's Range: $5.37
▼
$5.61
50-Day Range: $5.43
▼
$7.33
52-Week Range: $4.31
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$10.25

Volume: 40,962 shs
Average Volume: 75,423 shs
Market Capitalization: $120.85 million

P/E Ratio: N/A
Dividend Yield: 3.07%
Price Target: $10.75

Lifetime Brands MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 94.0% Upside
$10.75 Price Target
Short Interest: Healthy
0.47% of Float Sold Short
Dividend Strength: Weak
Based on Four Factors
Sustainability: -1.52
Upright™ Environmental Score
News Sentiment: 0.33
Based on 4 Articles This Week
Insider Trading: N/A
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.

3.18 out of 5 stars

Consumer Discretionary Sector

10th out of 265 stocks

Cutlery, Handtools, & General Hardware Industry

1st out of 5 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 94.0% from its current price of $5.54.
Amount of Analyst Coverage
Lifetime Brands has only been the subject of 1 research reports in the past 90 days.

5.0

Short Interest

Percentage of Shares Shorted
0.47% 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 0.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Lifetime Brands has recently decreased by 14.98%, indicating that investor sentiment is improving significantly.

1.7

Dividend Strength

Dividend Yield
Lifetime Brands pays a meaningful dividend of 3.10%, 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.

2.4

News and Social Media Coverage

News Sentiment
Lifetime Brands has a news sentiment score of 0.33. 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 is a lower news sentiment than the 0.61 average news sentiment score of Consumer Discretionary companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Lifetime Brands this week, compared to 1 article on an average week.
Search Interest
Only 1 people have searched for LCUT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
MarketBeat Follows
3 people have added Lifetime Brands to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lifetime Brands insiders have not sold or bought any company stock.
Percentage Held by Insiders
43.30% 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
40.38% 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 -6.37, 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 -6.37, 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 0.65. 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 0.51. 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. designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the United States and internationally. The company provides kitchenware products, including kitchen tools and gadgets, cutlery, kitchen scales, thermometers, cutting boards, shears, cookware, pantryware, spice racks, and bakeware; and tableware products comprising dinnerware, stemware, flatware, and giftware. It also provides home solutions, such as thermal beverageware, bath scales, weather and outdoor household, food storage, neoprene travel, and home décor products. The company owns or licenses various brands, including Farberware, Mikasa, Taylor, KitchenAid, Pfaltzgraff, BUILT NY, Rabbit, Kamenstein, Sabatier, S'well, and Fred & Friends. It serves mass market merchants, specialty stores, commercial stores, department stores, warehouse clubs, grocery stores, off-price retailers, food service distributors, pharmacies, food and beverage outlets, and e-commerce. The company sells its products directly, as well as through its own websites. Lifetime Brands, Inc. was founded in 1945 and is headquartered in Garden City, New York.

LCUT Price History

30 days | 90 days | 365 days | Advanced Chart

LCUT Stock News Headlines

September 26, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Gains As Market Dips: What You Should Know

September 26, 2023 | americanbankingnews.com

Lifetime Brands (NASDAQ:LCUT) Stock Passes Above 200 Day Moving Average of $5.59

September 27, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.

September 20, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Dips More Than Broader Markets: What You Should Know

September 19, 2023 | americanbankingnews.com

Lifetime Brands, Inc. (NASDAQ:LCUT) Short Interest Down 15.0% in August

September 8, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Stock Sinks As Market Gains: What You Should Know

August 28, 2023 | finance.yahoo.com

Lifetime Brands' (NASDAQ:LCUT) Dividend Will Be $0.0425

August 26, 2023 | finance.yahoo.com

What Is Lifetime Brands, Inc.'s (NASDAQ:LCUT) Share Price Doing?

September 27, 2023 | Behind the Markets (Ad)

66,000% upside on tiny biotech?

August 11, 2023 | finance.yahoo.com

Investors in Lifetime Brands (NASDAQ:LCUT) from five years ago are still down 34%, even after 31% gain this past week

August 3, 2023 | finance.yahoo.com

Lifetime Brands, Inc. Reports Second Quarter 2023 Financial Results

August 3, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Reports Q2 Loss, Tops Revenue Estimates

July 27, 2023 | finance.yahoo.com

Lifetime Brands to Report Second Quarter 2023 Financial Results on Thursday, August 3, 2023

July 19, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Outpaces Stock Market Gains: What You Should Know

July 18, 2023 | finance.yahoo.com

All You Need to Know About Lifetime Brands (LCUT) Rating Upgrade to Buy

July 13, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Gains But Lags Market: What You Should Know

June 29, 2023 | finance.yahoo.com

Lifetime Brands (NASDAQ:LCUT) Has Affirmed Its Dividend Of $0.0425

June 26, 2023 | finance.yahoo.com

Lifetime Brands (LCUT) Stock Jumps 10.9%: Will It Continue to Soar?

June 23, 2023 | finance.yahoo.com

Lifetime Brands, Inc. Announces Results of 2023 Annual Meeting

June 9, 2023 | finance.yahoo.com

Does Lifetime Brands (LCUT) Have the Potential to Rally 122.07% as Wall Street Analysts Expect?

June 6, 2023 | msn.com

DA Davidson Reiterates Lifetime Brands (LCUT) Buy Recommendation

June 6, 2023 | markets.businessinsider.com

What 4 Analyst Ratings Have To Say About Lifetime Brands

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 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 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

See More Headlines

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LCUT Company Calendar

Ex-Dividend for 8/15 Dividend: 7/31/2023
Last Earnings: 8/03/2023
Dividend Payable: 8/15/2023
Today: 9/27/2023
Ex-Dividend for 11/15 Dividend: 10/31/2023
Next Earnings (Estimated): 11/02/2023
Dividend Payable: 11/15/2023
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: +94.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 2 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.87)
Trailing P/E Ratio: N/A
Forward P/E Ratio: 9.23
P/E Growth: 0.65
Net Income: $-6,170,000.00
Net Margins: -2.69%
Pretax Margin: 0.66%
Return on Equity: 2.24%
Return on Assets: 0.73%

Debt

Debt-to-Equity Ratio: 0.93
Current Ratio: 2.64
Quick Ratio: 1.07

Sales & Book Value

Annual Sales: $685.50 million
Price / Sales: 0.18
Cash Flow: $1.28 per share
Price / Cash Flow: 4.32
Book Value: $10.91 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 21,814,000
Free Float: 12,369,000
Market Cap: $120.85 million
Optionable: Optionable
Beta: 1.20

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Key Executives

Mr. Robert Bruce Kay (Age 60)
CEO & Director
Comp: $1.18M

Mr. Daniel T. Siegel (Age 53)
Pres
Comp: $911.75k

Mr. Laurence Winoker (Age 67)
Exec. VP, Treasurer & CFO
Comp: $543.25k

Andrew Squire
Head of Investor Relations

Ms. Sara Shindel
Gen. Counsel & Corp. Sec.

Mr. Evan Miller (Age 58)
Exec. VP & Pres of Sales Division

Mr. Clifford Siegel
Exec. VP of Global Supply Chain

Mr. James Wells
Exec. VP & Pres of the Kitchenware Division

Mr. Timothy G. Simmone (Age 57)
Chief Integration Officer

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 year. 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 analysts have issued 12 month price targets for Lifetime Brands' shares. Their LCUT share price forecasts range from $9.50 to $12.00. On average, they expect the company's stock price to reach $10.75 in the next twelve months. This suggests a possible upside of 94.0% 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 stock has decreased by 27.0% and is now trading at $5.54.
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, November 2nd 2023.
View our LCUT earnings forecast.
How were Lifetime Brands' earnings last quarter?: Lifetime Brands, Inc. (NASDAQ:LCUT) released its earnings results on Thursday, August, 3rd. The company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.22) by $0.20. The business earned $146.44 million during the quarter, compared to the consensus estimate of $131.64 million. Lifetime Brands had a positive trailing twelve-month return on equity of 2.24% and a negative net margin of 2.69%.
How often does Lifetime Brands pay dividends? What is the dividend yield for Lifetime Brands?: Lifetime Brands announced a quarterly dividend on Wednesday, August 2nd. Stockholders of record on Wednesday, November 1st will be paid a dividend of $0.0425 per share on Wednesday, November 15th. This represents a $0.17 dividend on an annualized basis and a yield of 3.07%. The ex-dividend date of this dividend is Tuesday, October 31st.
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 3.10%.
Read our dividend analysis for LCUT.
What guidance has Lifetime Brands issued on next quarter's earnings?: Lifetime Brands issued an update on its FY 2023 earnings guidance on Thursday, August, 3rd. The company provided EPS guidance of $0.53-$0.64 for the period, compared to the consensus earnings per share estimate of $0.53. The company issued revenue guidance of $660.00 million-$720.00 million, compared to the consensus revenue estimate of $679.86 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), 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 retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (5.70%), Martin & Co. Inc. TN (1.64%), Teton Advisors Inc. (1.11%), BlackRock Inc. (1.07%), Renaissance Technologies LLC (0.97%) and RBF Capital LLC (0.83%). 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 $5.54.
How much money does Lifetime Brands make?: Lifetime Brands (NASDAQ:LCUT) has a market capitalization of $120.85 million and generates $685.50 million in revenue each year. The company earns $-6,170,000.00 in net income (profit) each year or ($0.87) 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 9/27/2023 by MarketBeat.com Staff

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