How Analysts Feel About Littelfuse, Inc. (LFUS) After Making 52-Week High?

June 14, 2018 - By James Guidry

Littelfuse, Inc. (NASDAQ:LFUS) Logo

Investors sentiment increased to 1.71 in Q1 2018. Its up 0.74, from 0.97 in 2017Q4. It improved, as 15 investors sold Littelfuse, Inc. shares while 70 reduced holdings. 30 funds opened positions while 115 raised stakes. 23.46 million shares or 4.58% more from 22.43 million shares in 2017Q4 were reported.
State Of Wisconsin Board holds 43,000 shares or 0.03% of its portfolio. Bamco, New York-based fund reported 355,175 shares. Paradigm Asset Management Ltd Liability Company has invested 0% in Littelfuse, Inc. (NASDAQ:LFUS). 24,554 are held by Natixis Advisors Ltd Partnership. Aperio Grp Limited Liability accumulated 5,488 shares or 0.01% of the stock. Zurcher Kantonalbank (Zurich Cantonalbank) holds 0% or 1,330 shares in its portfolio. Victory Cap has 0.21% invested in Littelfuse, Inc. (NASDAQ:LFUS). Sector Pension Inv Board accumulated 6,450 shares or 0.01% of the stock. Great West Life Assurance Can accumulated 14,278 shares or 0.01% of the stock. Colorado-based Employees Retirement Association Of Colorado has invested 0.16% in Littelfuse, Inc. (NASDAQ:LFUS). Profund Limited Liability Corporation reported 0.03% stake. Moreover, Quantitative has 0.01% invested in Littelfuse, Inc. (NASDAQ:LFUS). Grandeur Peak Global Advisors Limited Liability Com reported 18,550 shares. 975 are owned by Advisor Prns Lc. Thompson Siegel Walmsley Ltd Limited Liability Company invested in 0% or 67 shares.

Since February 5, 2018, it had 0 insider purchases, and 22 selling transactions for $22.03 million activity. The insider Sethna Meenal sold 3,459 shares worth $726,390. 968 shares valued at $198,440 were sold by Rutz Michael P on Thursday, February 15. The insider MAJOR JOHN E sold 735 shares worth $154,747. 9,378 Littelfuse, Inc. (NASDAQ:LFUS) shares with value of $1.99 million were sold by Highley Ian. $38,367 worth of Littelfuse, Inc. (NASDAQ:LFUS) was sold by Nayar Deepak on Monday, February 5. 11,100 shares were sold by HEINZMANN DAVID W, worth $2.35M.

The stock of Littelfuse, Inc. (NASDAQ:LFUS) hit a new 52-week high and has $247.57 target or 6.00 % above today’s $233.56 share price. The 5 months bullish chart indicates low risk for the $5.83B company. The 1-year high was reported on Jun, 14 by Barchart.com. If the $247.57 price target is reached, the company will be worth $349.86 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock.

The stock increased 1.15% or $2.65 during the last trading session, reaching $233.56. About 176,341 shares traded or 10.13% up from the average. Littelfuse, Inc. (NASDAQ:LFUS) has risen 32.34% since June 14, 2017 and is uptrending. It has outperformed by 19.77% the S&P500.

Analysts await Littelfuse, Inc. (NASDAQ:LFUS) to report earnings on August, 1. They expect $2.47 EPS, up 17.62 % or $0.37 from last year’s $2.1 per share. LFUS’s profit will be $61.67M for 23.64 P/E if the $2.47 EPS becomes a reality. After $2.39 actual EPS reported by Littelfuse, Inc. for the previous quarter, Wall Street now forecasts 3.35 % EPS growth.

Littelfuse, Inc. (NASDAQ:LFUS) Ratings Coverage

Among 3 analysts covering Littelfuse (NASDAQ:LFUS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Littelfuse had 5 analyst reports since January 18, 2018 according to SRatingsIntel. The stock of Littelfuse, Inc. (NASDAQ:LFUS) has “Buy” rating given on Tuesday, April 17 by Robert W. Baird. Stifel Nicolaus maintained the shares of LFUS in report on Wednesday, January 31 with “Hold” rating. Robert W. Baird maintained Littelfuse, Inc. (NASDAQ:LFUS) on Wednesday, January 31 with “Buy” rating. Stifel Nicolaus maintained the stock with “Hold” rating in Thursday, January 18 report.

More recent Littelfuse, Inc. (NASDAQ:LFUS) news were published by: Nasdaq.com which released: “Consolidated Research: 2018 Summary Expectations for Oasis Petroleum, Blue Hills, Formula One Group, US, Coca …” on June 11, 2018. Also Globenewswire.com published the news titled: “Report: Exploring Fundamental Drivers Behind Virtu Financial, Littelfuse, Gogo, Brookfield Asset Management, Protalix …” on June 13, 2018. Fool.com‘s news article titled: “3 Top Growth Stocks to Buy in June” with publication date: June 14, 2018 was also an interesting one.

Littelfuse, Inc. designs, manufactures, and sells circuit protection devices worldwide. The company has market cap of $5.83 billion. It operates through three divisions: Electronics, Automotive, and Industrial. It has a 44.83 P/E ratio. The Electronics segment provides fuses and protectors, positive temperature coefficient resettable fuses, resettable fuses, polymer electrostatic discharge suppressors, discrete transient voltage suppression diodes, TVS diode arrays protection and switching thyristors, gas discharge tubes, power switching components, fuseholders, reed switch and sensor assemblies, insulated gate bipolar transistors blocks, and related accessories.

Littelfuse, Inc. (NASDAQ:LFUS) Institutional Positions Chart

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