Ethan Allen Interiors Inc (NYSE:ETD) Faces Market Challenges Amid Sales Decline
- Telsey Advisory updated its rating for Ethan Allen Interiors Inc (NYSE:ETD) to "Market Perform" with a price target adjustment from $32 to $30 due to a decline in fiscal third-quarter sales and order intake.
- Earnings per share (EPS) for the quarter were $0.38, missing the consensus estimate of $0.46, indicating a 15.56% negative surprise.
- Revenue for the quarter was $142.7 million, a decrease from $146.42 million in the same period last year, falling short of the Zacks Consensus Estimate by 2.13%.
Ethan Allen Interiors Inc (NYSE:ETD) is a well-known player in the home furnishings industry. The company designs, manufactures, and sells a wide range of home furniture and accessories. Despite its established presence, Ethan Allen faces competition from other retailers in the Zacks Retail - Home Furnishings industry.
On May 6, 2025, Telsey Advisory updated its rating for ETD to "Market Perform," advising investors to hold the stock. At that time, ETD was priced at $25.66. This recommendation comes amid a challenging period for the company, as it reported a 2.5% decline in fiscal third-quarter sales. The decline is largely due to a significant drop in order intake during January and February.
Telsey Advisory Group's analyst, Cristina Fernández, has maintained her "Market Perform" rating but adjusted the price target from $32 to $30. This adjustment reflects the company's recent performance, including an 11% decline in order intake in the latest quarter. This follows a 14% increase in the fiscal second quarter, indicating volatility in demand.
Ethan Allen's earnings per share (EPS) for the quarter were $0.38, missing the consensus estimate of $0.46. This represents a 15.56% negative surprise. The company has only exceeded consensus EPS estimates once in the past four quarters, highlighting ongoing challenges. Fernández has also revised the fiscal 2025 earnings estimates from $2.32 per share to $2.00 per share, below the consensus of $2.36.
Revenue for the quarter was $142.7 million, falling short of the Zacks Consensus Estimate by 2.13%. This is a decrease from $146.42 million in the same period last year. Over the past year, ETD's stock has fluctuated, reaching a high of $35.62 and a low of $24.55. The company's market capitalization is approximately $652.5 million, with a trading volume of 1,715,870 shares.
| Symbol | Price | %chg |
|---|---|---|
| MDIY.JK | 1400 | -4.64 |
| 021240.KS | 97800 | 1.02 |
| WOOD.JK | 366 | 2.19 |
| SPTO.JK | 655 | -1.53 |
Ethan Allen Interiors Inc (NYSE:ETD) Faces Market Challenges Amid Sales Decline
- Telsey Advisory updated its rating for Ethan Allen Interiors Inc (NYSE:ETD) to "Market Perform" with a price target adjustment from $32 to $30 due to a decline in fiscal third-quarter sales and order intake.
- Earnings per share (EPS) for the quarter were $0.38, missing the consensus estimate of $0.46, indicating a 15.56% negative surprise.
- Revenue for the quarter was $142.7 million, a decrease from $146.42 million in the same period last year, falling short of the Zacks Consensus Estimate by 2.13%.
Ethan Allen Interiors Inc (NYSE:ETD) is a well-known player in the home furnishings industry. The company designs, manufactures, and sells a wide range of home furniture and accessories. Despite its established presence, Ethan Allen faces competition from other retailers in the Zacks Retail - Home Furnishings industry.
On May 6, 2025, Telsey Advisory updated its rating for ETD to "Market Perform," advising investors to hold the stock. At that time, ETD was priced at $25.66. This recommendation comes amid a challenging period for the company, as it reported a 2.5% decline in fiscal third-quarter sales. The decline is largely due to a significant drop in order intake during January and February.
Telsey Advisory Group's analyst, Cristina Fernández, has maintained her "Market Perform" rating but adjusted the price target from $32 to $30. This adjustment reflects the company's recent performance, including an 11% decline in order intake in the latest quarter. This follows a 14% increase in the fiscal second quarter, indicating volatility in demand.
Ethan Allen's earnings per share (EPS) for the quarter were $0.38, missing the consensus estimate of $0.46. This represents a 15.56% negative surprise. The company has only exceeded consensus EPS estimates once in the past four quarters, highlighting ongoing challenges. Fernández has also revised the fiscal 2025 earnings estimates from $2.32 per share to $2.00 per share, below the consensus of $2.36.
Revenue for the quarter was $142.7 million, falling short of the Zacks Consensus Estimate by 2.13%. This is a decrease from $146.42 million in the same period last year. Over the past year, ETD's stock has fluctuated, reaching a high of $35.62 and a low of $24.55. The company's market capitalization is approximately $652.5 million, with a trading volume of 1,715,870 shares.
