Price Action Report: Ethan Allen Interiors Inc.’s Trend Up, Especially After Today’s Strong Session

Price Action Report: Ethan Allen Interiors Inc.'s Trend Up, Especially After Today's Strong Session

The stock of Ethan Allen Interiors Inc. (NYSE:ETH) is a huge mover today! About 234,408 shares traded hands or 6.74% up from the average. Ethan Allen Interiors Inc. (NYSE:ETH) has risen 1.83% since March 15, 2016 and is uptrending. It has underperformed by 3.65% the S&P500.
The move comes after 8 months positive chart setup for the $897.13M company. It was reported on Oct, 18 by We have $38.28 PT which if reached, will make NYSE:ETH worth $179.43M more.

Analysts await Ethan Allen Interiors Inc. (NYSE:ETH) to report earnings on October, 25. They expect $0.52 EPS, up 13.04% or $0.06 from last year’s $0.46 per share. ETH’s profit will be $14.62M for 15.34 P/E if the $0.52 EPS becomes a reality. After $0.57 actual EPS reported by Ethan Allen Interiors Inc. for the previous quarter, Wall Street now forecasts -8.77% negative EPS growth.

Ethan Allen Interiors Inc. (NYSE:ETH) Ratings Coverage

Out of 4 analysts covering Ethan Allen (NYSE:ETH), 2 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 50% are positive. Ethan Allen has been the topic of 6 analyst reports since July 29, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating given on Wednesday, July 29 by Dougherty & Company. Gabelli upgraded Ethan Allen Interiors Inc. (NYSE:ETH) on Wednesday, January 27 to “Buy” rating. The firm has “Market Perform” rating given on Wednesday, July 27 by Raymond James. On Wednesday, October 28 the stock rating was downgraded by Raymond James to “Outperform”. As per Thursday, September 17, the company rating was maintained by Telsey Advisory Group. The stock has “Buy” rating given by Dougherty & Company on Wednesday, January 27.

According to Zacks Investment Research, “Ethan Allen Inc. is a leading manufacturer and retailer of quality home furnishings, offering a full range of furniture products and accessories. Ethan Allen manufactures and distributes three principal product lines: case goods, consisting primarily of bedroom and dining room furniture, wall units and tables; upholstered products, consisting primarily of sofas, loveseats, chairs; home accessories, including carpeting and area rugs, wall decor, bedding ensembles, draperies, decorative accessories and indoor\outdoor furnishings.”

Insitutional Activity: The institutional sentiment decreased to 1.05 in 2016 Q2. Its down 0.70, from 1.75 in 2016Q1. The ratio turned negative, as 13 funds sold all Ethan Allen Interiors Inc. shares owned while 61 reduced positions. 20 funds bought stakes while 58 increased positions. They now own 26.71 million shares or 0.12% less from 26.75 million shares in 2016Q1.
Financial Engines Advsrs holds 11,012 shares or 0.31% of its portfolio. Kennedy Capital Mngmt, a Missouri-based fund reported 172,528 shares. First Mercantile Com last reported 0.07% of its portfolio in the stock. Karpas Strategies accumulated 0.17% or 10,468 shares. The New York-based Renaissance Technologies Ltd Liability Corporation has invested 0% in Ethan Allen Interiors Inc. (NYSE:ETH). Putnam Invests Ltd Liability Corporation last reported 0.01% of its portfolio in the stock. Lord Abbett Limited Co holds 454,833 shares or 0.05% of its portfolio. Aqr Cap Limited Liability Com last reported 48,481 shares in the company. Credit Suisse Ag last reported 38,647 shares in the company. Fmr Lc has 0.01% invested in the company for 2.03 million shares. Boothbay Fund Management Llc owns 10,164 shares or 0.16% of their US portfolio. Pier Capital has 159,809 shares for 0.96% of their US portfolio. Fisher Asset Mgmt Limited Liability Company holds 0.01% of its portfolio in Ethan Allen Interiors Inc. (NYSE:ETH) for 109,192 shares. Public Sector Pension Investment Board holds 18,085 shares or 0.01% of its portfolio. The Pennsylvania-based Vanguard Grp has invested 0% in Ethan Allen Interiors Inc. (NYSE:ETH).

Insider Transactions: Since April 29, 2016, the stock had 2 buys, and 2 insider sales for $1,784 net activity. $33,140 worth of Ethan Allen Interiors Inc. (NYSE:ETH) was bought by Esposito Domenick J.. Another trade for 500 shares valued at $17,005 was sold by CLARK CLINTON A. $99,918 worth of Ethan Allen Interiors Inc. (NYSE:ETH) was bought by Stacom Tara I..

More notable recent Ethan Allen Interiors Inc. (NYSE:ETH) news were published by: which released: “Ethan Allen’s Q1 Outlook Likely To Disappoint” on October 18, 2016, also with their article: “Ex-Dividend Reminder: Ethan Allen Interiors, General Mills and Tootsie Roll …” published on October 03, 2016, published: “Ethan Allen’s Chief in Fight of His Life” on November 10, 2015. More interesting news about Ethan Allen Interiors Inc. (NYSE:ETH) were released by: and their article: “Sandell Comments on Ethan Allen Voting Results” published on November 24, 2015 as well as‘s news article titled: “Sandell Files Preliminary Proxy Statement for Ethan Allen” with publication date: October 14, 2015.

ETH Company Profile

Ethan Allen Interiors Inc., incorporated on May 25, 1989, is an interior design company. The Firm is a maker and retailer of home furnishings. The Firm operates in two divisions, including wholesale and retail. The Firm is an international home fashion brand doing business in North America, Europe, Asia and the Middle East. It offers complimentary interior design service to its clients, and sells a range of furniture products and decorative accents through and a network of design centers in the United States and abroad. As of June 30, 2016, the Company owned and operated nine manufacturing facilities located in the United States, Mexico and Honduras. As of June 30, 2016, the Company distributed its products through three distribution centers, which are owned by the Company, and located in New Jersey, Oklahoma and Virginia.

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