Lifetime BrandsLCUT
Market Cap: $140M
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 Q2 SEC filings by fund managers ($100M+ AUM)
350% more call options, than puts
Call options by funds: $27K | Put options by funds: $6K
107% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 14
1% more funds holding
Funds holding: 73 [Q1] → 74 (+1) [Q2]
1.03% more ownership
Funds ownership: 43.48% [Q1] → 44.51% (+1.03%) [Q2]
5% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 19
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
15% less capital invested
Capital invested by funds: $99.3M [Q1] → $84.4M (-$14.9M) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
DA Davidson Linda Bolton Weiser 38% 1-year accuracy 32 / 84 met price target | 121%upside $14 | Buy Maintained | 12 Aug 2024 |