Lifetime Brands (LCUT)

• Market cap: $127M
• 1 day: 0.88%
• 5 days: -10.49%
• 1 month: 3.81%
• 3 months: -13.46%
• 6 months: -36.51%
• Year to date: -21.75%
• 1 year: -4.19%
• 5 years: -8.04%
• 10 years: -64.71%
• Sector: Consumer Discretionary
• Industry: Cutlery, Handtools & General Hardware

About: Lifetime Brands Inc is a U.S. based company that designs, sources, and sells branded kitchenware, tableware, and other products used in the home and markets its products under brands such as Farberware, KitchenAid, Mikasa, and others. The company markets and sells its products principally on a wholesale basis to retailers. It also markets and sells a limited selection of its products directly to consumers through its Pfaltzgraff, Mikasa, Fred, and Friends, Built NY, and others. Its products include kitchen tools, gadgets, cutlery, dinnerware, and glassware. The segments of the company are the U.S. and International. It derives a majority of its revenue from the U.S. segment. The company derives maximum revenue from Kitchenware products.

Employees: 1,230

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

72% more repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 18

45% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 11

7% more funds holding

Funds holding: 74 [Q2] → 79 (+5) [Q3]

0.18% less ownership

Funds ownership: 44.71% [Q2] → 44.53% (-0.18%) [Q3]

24% less capital invested

Capital invested by funds: $84.8M [Q2] → $64.5M (-$20.3M) [Q3]

40% less call options, than puts

Call options by funds: $12K | Put options by funds: $20K

100% less funds holding in top 10

Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9 57% upside
• Avg. target: $10.25 79% upside
• High target: $11.50 101% upside

2 analyst ratings

• positive: 2 100%
• neutral: 0 0%
• negative: 0 0%

DA Davidson Linda Bolton Weiser 41% 1-year accuracy 42 / 102 met price target	101% upside $11.50	Buy Maintained	11 Dec 2024
Canaccord Genuity Brian McNamara 60% 1-year accuracy 26 / 43 met price target	57% upside $9	Buy Maintained	18 Oct 2024