Canaccord Genuity Group Cuts Lifetime Brands (NASDAQ:LCUT) Price Target to $4.00

Canaccord Genuity Group has lowered its price target for Lifetime Brands (NASDAQ: LCUT) from $5.00 to $4.00 while maintaining a "buy" rating. This new target suggests a potential upside of 30.72% from the current price of $3.06. Other analysts have mixed ratings on the stock, with one holding a buy rating, one a hold, and two sell ratings. Lifetime Brands reported earnings of $0.11 per share, exceeding estimates, but revenue fell short of expectations. Institutional investors own 40.62% of the company.

Lifetime Brands (NASDAQ:LCUT) Downgraded to "Strong Sell" Rating by Zacks Research

Zacks Research has downgraded Lifetime Brands (NASDAQ:LCUT) from a "hold" to a "strong sell" rating. This follows a series of negative assessments from other analysts, including Weiss Ratings and Wall Street Zen. Currently, Lifetime Brands has an average rating of "Reduce" with a price target of $5.50. The stock opened at $3.05, reflecting a 1% decline. The company reported a quarterly EPS of $0.11, slightly above expectations, but its revenue fell short of estimates. Institutional investors hold 40.62% of the stock.

Lifetime Brands, Inc. (NASDAQ:LCUT) Declares $0.04 Quarterly Dividend

Lifetime Brands, Inc. (NASDAQ:LCUT) declared a quarterly dividend of $0.0425 per share, payable on February 13th to stockholders of record on January 30th. This results in an annualized dividend yield of 5.6%. The company has a dividend payout ratio of 34.7%, indicating earnings sufficiently cover the dividend. Analysts expect earnings of $0.74 per share next year, allowing continued dividend coverage. The stock traded at $3.05, with a market cap of $68.36 million and a PE ratio of -1.92. Analyst ratings vary, with an average rating of "Hold" and a price target of $5.50.

Lifetime Brands’ Earnings Call: Balancing Growth and Challenges

Lifetime Brands (LCUT) held its Q3 earnings call, revealing a mixed sentiment. The company showcased effective cost management and tariff mitigation strategies, but reported a net loss of $1.2 million due to declining shipments and sales, which fell by 6.5% to $171.9 million. Despite challenges, operational efficiency improved, and the international segment performed well. The company maintains a solid liquidity position with $51 million available. Looking ahead, Lifetime Brands is adapting its sourcing strategy and exploring M&A opportunities to navigate the current market conditions.

Lifetime Brands | 10-Q: FY2025 Q3 Revenue Misses Estimate at USD 171.91 M