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USAC, SWRAY and ETD made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 17, 2023.
ETD, OSK and XYL made it to the Zacks Rank #1 (Strong Buy) income stocks list on August 7, 2023.
Ethan Allen Announces Earnings Release Date for its Fourth Quarter and Full Fiscal 2023 Year Results
Danbury, CT, July 12, 2023 (GLOBE NEWSWIRE) -- Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETD) today announced that it will release its financial and operating results for the fiscal 2023 fourth quarter and full fiscal year ended June 30, 2023, after the market closes on Wednesday, August 2, 2023.
Ethan Allen Interiors has outperformed the market over the past year, more than doubling its dividend over the last three years, and offering a nearly 10-year high dividend yield. Despite slowing business momentum, the company's low price-to-earnings ratio makes it an attractive investment. The company has recovered from the pandemic thanks to pent-up demand, government stimulus packages, and the work-from-home trend. Despite potential business deceleration next year, Ethan Allen Interiors' valuation is attractive even when calculated based on future earnings. The company's low payout ratio and strong balance sheet suggest it will continue to grow its dividend in the coming years. The primary risk is a prolonged recession, which could put pressure on the stock.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Ethan Allen (ETD) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
RH's expansion strategies are driving sales despite being impacted by soft housing demand and macroeconomic woes.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
An improving housing market, focus on digitization, e-commerce, product innovation and new marketing techniques are encouraging for the Zacks Retail-Home Furnishing industry players like FBIN, TPX and ETD.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.