Telsey Advisory Sticks to Its Hold Rating for Ethan Allen (ETD)

Telsey Advisory analyst Cristina Fernandez maintained a Hold rating on Ethan Allen (ETDResearch Report) today and set a price target of $25.00. The company’s shares closed last Friday at $22.99.

According to, Fernandez is a 1-star analyst with an average return of -9.0% and a 30.3% success rate. Fernandez covers the Consumer Goods sector, focusing on stocks such as Williams-Sonoma, Under Armour, and Foot Locker.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Ethan Allen with a $27.50 average price target.

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Based on Ethan Allen’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $198 million and net profit of $24.71 million. In comparison, last year the company earned revenue of $177 million and had a net profit of $15.61 million.

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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. The Retail segment sells home furnishings and accents to consumers through a network of company operated design centers. Ethan Allen Interiors was founded in 1932 and is headquartered in Danbury, CT.

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