Trade-Ideas LLC identified

Littelfuse

(

LFUS

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Littelfuse as such a stock due to the following factors:

  • LFUS has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $15.3 million.
  • LFUS has traded 53,601 shares today.
  • LFUS is trading at a new lifetime high.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in LFUS with the Ticky from Trade-Ideas. See the FREE profile for LFUS NOW at Trade-Ideas

More details on LFUS:

Littelfuse, Inc. designs, manufactures, and sells circuit protection devices for use in the automotive, electronic, and electrical markets worldwide. It operates in three segments: Electronics, Automotive, and Electrical. The stock currently has a dividend yield of 1%. LFUS has a PE ratio of 22. Currently there are 2 analysts that rate Littelfuse a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Recommends

The average volume for Littelfuse has been 132,500 shares per day over the past 30 days. Littelfuse has a market cap of $2.5 billion and is part of the services sector and wholesale industry. The stock has a beta of 1.03 and a short float of 1.7% with 2.80 days to cover. Shares are up 6.5% year-to-date as of the close of trading on Tuesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Littelfuse as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, increase in net income and solid stock price performance. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:

  • LFUS's revenue growth has slightly outpaced the industry average of 2.0%. Since the same quarter one year prior, revenues slightly increased by 6.5%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • LFUS's debt-to-equity ratio is very low at 0.23 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, LFUS has a quick ratio of 2.27, which demonstrates the ability of the company to cover short-term liquidity needs.
  • 41.97% is the gross profit margin for LITTELFUSE INC which we consider to be strong. It has increased from the same quarter the previous year. Along with this, the net profit margin of 10.20% is above that of the industry average.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Electronic Equipment, Instruments & Components industry. The net income increased by 15.1% when compared to the same quarter one year prior, going from $19.51 million to $22.46 million.
  • Net operating cash flow has slightly increased to $52.24 million or 5.94% when compared to the same quarter last year. Despite an increase in cash flow, LITTELFUSE INC's average is still marginally south of the industry average growth rate of 10.19%.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.