Sidoti Csr Has Weak Forecast for Lifetime Brands Q1 Earnings

Lifetime Brands, Inc. (NASDAQ:LCUT) – Stock analysts at Sidoti Csr decreased their Q1 2025 EPS estimates for Lifetime Brands in a research report issued to clients and investors on Tuesday, January 14th. Sidoti Csr analyst A. Lebiedzinski now expects that the company will earn ($0.13) per share for the quarter, down from their previous forecast of ($0.12). The consensus estimate for Lifetime Brands’ current full-year earnings is $0.55 per share. Sidoti Csr also issued estimates for Lifetime Brands’ Q2 2025 earnings at ($0.06) EPS.

Lifetime Brands (NASDAQ:LCUT) last released its earnings results on Thursday, November 7th. The company reported $0.21 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.38 by ($0.17). The firm had revenue of $183.84 million for the quarter, compared to the consensus estimate of $193.90 million. Lifetime Brands had a positive return on equity of 3.13% and a negative net margin of 3.19%. During the same quarter last year, the company posted $0.36 EPS.

A number of other equities analysts also recently weighed in on LCUT. Canaccord Genuity Group reduced their price target on Lifetime Brands from $10.00 to $9.00 and set a “buy” rating for the company in a research report on Friday, October 18th. DA Davidson cut their price objective on shares of Lifetime Brands from $14.00 to $11.50 and set a “buy” rating on the stock in a research report on Wednesday, December 11th. Finally, StockNews.com raised shares of Lifetime Brands from a “hold” rating to a “buy” rating in a research report on Monday, January 13th.

Lifetime Brands Stock Up 4.6 %

NASDAQ:LCUT opened at $6.12 on Thursday. The stock has a 50-day simple moving average of $5.91 and a 200 day simple moving average of $6.60. Lifetime Brands has a 52-week low of $5.25 and a 52-week high of $11.68. The company has a market cap of $135.62 million, a PE ratio of -6.18, a PEG ratio of 0.50 and a beta of 1.27. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.97 and a current ratio of 2.36.

Hedge Funds Weigh In On Lifetime Brands

Hedge funds and other institutional investors have recently made changes to their positions in the company. JB Capital Partners LP raised its position in Lifetime Brands by 13.0% during the third quarter. JB Capital Partners LP now owns 940,814 shares of the company’s stock worth $6,106,000 after acquiring an additional 108,193 shares in the last quarter. American Century Companies Inc. increased its stake in shares of Lifetime Brands by 88.0% during the 2nd quarter. American Century Companies Inc. now owns 161,252 shares of the company’s stock worth $1,385,000 after purchasing an additional 75,475 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Lifetime Brands by 3.3% in the 2nd quarter. Dimensional Fund Advisors LP now owns 1,216,375 shares of the company’s stock valued at $10,449,000 after purchasing an additional 38,471 shares during the period. Bank of New York Mellon Corp lifted its stake in Lifetime Brands by 22.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 151,186 shares of the company’s stock valued at $1,299,000 after purchasing an additional 28,104 shares during the last quarter. Finally, Hohimer Wealth Management LLC bought a new position in Lifetime Brands during the third quarter worth about $133,000. 40.62% of the stock is owned by institutional investors.

Lifetime Brands Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 14th. Shareholders of record on Friday, January 31st will be paid a $0.043 dividend. The ex-dividend date of this dividend is Friday, January 31st. This represents a $0.17 dividend on an annualized basis and a yield of 2.81%. Lifetime Brands’s dividend payout ratio is -17.17%.

Lifetime Brands Company Profile

Lifetime Brands, Inc designs, sources, and sells branded kitchenware, tableware, and other products for use in the home in the worldwide. 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.