Robert W. Baird analyst Luke Junk maintained a Buy rating on Littelfuse (NASDAQ:LFUS) on Wednesday, setting a price target of $295, which is approximately 10.91% above the present share price of 265.99.
Junk expects Littelfuse to post earnings per share (EPS) of 3.34 for the third quarter of 2021.
The current consensus among 1 TipRanks analysts is for a Hold rating of shares in Littelfuse, with an average price target of .
The analysts price targets range from a high of to a low of .
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of 523.49 million and a net profit of 97.05 million. The company's market cap is 6.55 billion.
According to TipRanks.com, Robert W. Baird analyst Luke Junk is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 7.4% and a 59.46% success rate.
Littelfuse, Inc. engages in supplying of circuit protection products for the electronics, automotive and electrical industries. The company offers electromechanical and electronic switch and control devices for commercial and specialty vehicles and sensors for automobile safety systems. It operates through the following segments: Electronics, Automotive, and Industrial. The Electronics segment includes the broadest and deepest portfolio of overvoltage and overcurrent solutions. The Automotive segment maintains a direct sales force to service all the major automotive OEMs and system suppliers domestically. The Industrial segment consists of power fuses and holders, protection relays and controls and other circuit protection products for use in various industrial applications such as oil, gas, mining, alternative energy, electric vehicle infrastructure, non-residential construction, HVAC systems, elevators and other industrial equipment. The company was founded by Edward V. Sundt in 1927 and is headquartered in Chicago, IL.