Alert: Positive Investment/Fundamental Signals (12/14/23)-Ethan Allen Interiors Inc (NYSE: ETD)


Recent exceptional positive changes in investment behavior have benefitted Ethan Allen Interiors Inc (NYSE: ETD): the stock’s recent price rise disrupted its longer term downtrend, its longer term price trend turned up, and its shorter term price trend turned up.

Ethan Allen Interiors Inc (NYSE: ETD) has benefited from minimal positive changes in fundamentals: significant quarterly earnings acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of C. We would view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

ETD’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.

Ethan Allen Interiors has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. Ethan Allen Interiors has a neutral Appreciation Score of 58 and a slightly positive Power Rating of 66, producing the High Neutral Value Trend Rating.

Recent Price Action

Ethan Allen Interiors Inc (NYSE: ETD) stock closed at $31.82 on 12/14/23 after a large increase of 4.7%. Moreover, unusually high trading volume at 157% of normal accompanied the advance. The stock has risen 11.6% during the last week and has been strong relative to the market over the last nine months.

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