- ETHAN ALLEN INTERIORS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. During the past fiscal year, ETHAN ALLEN INTERIORS INC increased its bottom line by earning $1.46 versus $1.12 in the prior year. This year, the market expects an improvement in earnings ($1.63 versus $1.46).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Household Durables industry. The net income increased by 108.5% when compared to the same quarter one year prior, rising from $8.19 million to $17.08 million.
- Despite its growing revenue, the company underperformed as compared with the industry average of 11.0%. Since the same quarter one year prior, revenues slightly increased by 9.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
- The current debt-to-equity ratio, 0.36, is low and is below the industry average, implying that there has been successful management of debt levels. Along with the favorable debt-to-equity ratio, the company maintains an adequate quick ratio of 1.03, which illustrates the ability to avoid short-term cash problems.
Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link. The Consumer Goods sector as a whole closed the day down 0.5% versus the S&P 500, which was unchanged. Laggards within the Consumer Goods sector included Entertainment Gaming Asia ( EGT), down 7.5%, Global-Tech Advanced Innovations ( GAI), down 3.9%, Molson Coors Brewing ( TAP.A), down 1.9%, Ocean Bio-Chem ( OBCI), down 1.9% and DS Healthcare Group ( DSKX), down 5.4%. TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today: Ethan Allen Interiors ( ETH) is one of the companies that pushed the Consumer Goods sector lower today. Ethan Allen Interiors was down $0.58 (2.4%) to $23.28 on average volume. Throughout the day, 178,176 shares of Ethan Allen Interiors exchanged hands as compared to its average daily volume of 222,700 shares. The stock ranged in price between $23.15-$23.88 after having opened the day at $23.88 as compared to the previous trading day's close of $23.86. Ethan Allen Interiors Inc. designs, manufactures, sources, sells, and distributes a range of home furnishings and accessories; and provides home decorating and design solutions. The company operates in two segments, Wholesale and Retail. Ethan Allen Interiors has a market cap of $665.3 million and is part of the consumer durables industry. Shares are down 21.6% year-to-date as of the close of trading on Friday. Currently there are 2 analysts who rate Ethan Allen Interiors a buy, no analysts rate it a sell, and 5 rate it a hold. STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. TheStreet Ratings rates Ethan Allen Interiors as a buy. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. Highlights from TheStreet Ratings analysis on ETH go as follows: