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Littelfuse is a global industrial technology company that may benefit from investment trends in sustainability, connectivity, and security. The company's business model focuses on three segments: Electronics, Transportation, and Industrials, offering solutions for sustainability and connectivity. Littelfuse has a strong balance sheet with a significant amount of cash, making it well-positioned for further inorganic growth and acquisitions.
CHICAGO--(BUSINESS WIRE)--Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, announced today that it will participate in the CL King Best Ideas Conference on September 18, 2023. Contact your CL King representative to schedule a meeting with management. Interested parties can access a live webcast of the presentation on the investor relations page of the company's website, Littelfuse.com. Presentation.
Littelfuse, Inc. (NASDAQ:LFUS ) Q2 2023 Earnings Conference Call August 2, 2023 10:00 AM ET Company Participants Trisha Tuntland - Head, IR David Heinzmann - President and CEO Meenal Sethna - EVP and CFO Conference Call Participants Luke Junk - Baird David Williams - Benchmark David Silver - CL King Joshua Buchalter - TD Cowen William Kerwin - Morningstar Christopher Glynn - Oppenheimer Matt Sheerin - Stifel Operator Good day, everyone, and welcome to the Littelfuse Second Quarter 2023 Earnings Conference Call. Today's call is being recorded.
Sales trends didn't improve from Q1 to Q2. Littelfuse remains cash flow positive and is generating ample profits.
Littelfuse (LFUS) came out with quarterly earnings of $3.12 per share, missing the Zacks Consensus Estimate of $3.32 per share. This compares to earnings of $4.26 per share a year ago.
Littelfuse (LFUS) announces an agreement to acquire a 200mm wafer fab to expand its business in industrial markets and portfolio of technologies. This marks a strong product portfolio.
Littelfuse is viewed as a good investment due to its consistent performance, diversified segments, and recent acquisition of Western Automation, which is expected to increase revenues and market presence. The company's exposure to major trends like renewable energy and energy storage units also presents high growth opportunities. Despite a 21% increase in share price this year, LFUS stock is considered fairly valued at a forward P/E of 19, with room for upside potential.
Investors looking for stocks in the Electronics - Miscellaneous Components sector might want to consider either Littelfuse (LFUS) or TE Connectivity (TEL). But which of these two stocks presents investors with the better value opportunity right now?
Littelfuse (LFUS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Littelfuse, Inc. (NASDAQ:LFUS ) Q1 2023 Earnings Conference Call May 3, 2023 10:00 AM ET Company Participants Trisha Tuntland - Head of Investor Relations David Heinzmann - President and Chief Executive Officer Meenal Sethna - Executive Vice President and Chief Financial Officer Conference Call Participants Joshua Buchalter - Cowen David Williams - Benchmark Luke Junk - Baird William Kerwin - Morningstar David Silver - CL King Patrick Schackart - Oppenheimer Operator Good day, everyone, and welcome to the Littelfuse First Quarter 2023 Earnings Conference Call. Today's call is being recorded.