Ethan Allen Interiors (NYSE:ETD – Get Rating) had its price objective upped by analysts at Telsey Advisory Group from $25.00 to $27.00 in a report released on Friday, Benzinga reports. The firm presently has a “market perform” rating on the stock. Telsey Advisory Group’s price target suggests a potential downside of 3.47% from the company’s current price.
Separately, StockNews.com raised Ethan Allen Interiors from a “hold” rating to a “buy” rating in a research note on Friday, January 13th.
Ethan Allen Interiors Stock Performance
NYSE:ETD opened at $27.97 on Friday. The firm has a market capitalization of $708.96 million, a price-to-earnings ratio of 6.33 and a beta of 1.18. Ethan Allen Interiors has a 52-week low of $19.60 and a 52-week high of $29.90. The stock has a fifty day moving average of $27.57 and a 200 day moving average of $25.04.
Institutional Investors Weigh In On Ethan Allen Interiors
Several hedge funds have recently added to or reduced their stakes in ETD. BlackRock Inc. bought a new stake in Ethan Allen Interiors during the first quarter worth about $114,406,000. Dimensional Fund Advisors LP purchased a new position in shares of Ethan Allen Interiors in the first quarter worth about $47,398,000. Vanguard Group Inc. purchased a new position in shares of Ethan Allen Interiors in the first quarter worth about $44,187,000. State Street Corp purchased a new position in shares of Ethan Allen Interiors in the first quarter worth about $24,777,000. Finally, UBS Group AG purchased a new position in shares of Ethan Allen Interiors in the first quarter worth about $23,880,000. Institutional investors own 84.13% of the company’s stock.
About Ethan Allen Interiors
Ethan Allen Interiors, Inc is engaged in manufacturing home furnishings and accessories. The firm offers a full complement of home decorating and design solutions through its home furnishing retail networks. It operates through two segments: Wholesale and Retail. The Wholesale segment develops the brand of the company, encompasses all aspects of design, manufacture, sourcing, marketing, sale and distribution of its broad range of home furnishing and accents.
- Get a free copy of the StockNews.com research report on Ethan Allen Interiors (ETD)
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