Lifetime Brands is a global provider of kitchenware, tableware and other products used in the home. The company was founded in 1945 and is based in Garden City, New York.
LCUT Price Forecast Based on DCF Valuation
DCF Fair Value Target:
We started the process of determining a valid price forecast for Lifetime Brands Inc with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Lifetime Brands Inc ranked in the 85th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 933%. The most interesting components of our discounted cash flow analysis for Lifetime Brands Inc ended up being:
37% of the company's capital comes from equity, which is greater than just 17.4% of stocks in our cash flow based forecasting set.
Lifetime Brands Inc's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.61. This coverage rate is greater than that of merely 18.38% of stocks we're observing for the purpose of forecasting via discounted cash flows.
As a business, Lifetime Brands Inc experienced a tax rate of about 0% over the past twelve months; relative to its sector (Consumer Cyclical), this tax rate is higher than only 0% of stocks generating free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
BITA, MSGN, MHO, FORK, and LAKE can be thought of as valuation peers to LCUT, in the sense that they are in the Consumer Cyclical sector and have a similar price forecast based on DCF valuation.
Lifetime Brands ([[LCUT]] -3.4%) reports net sales growth of 5.8% in Q2, on a constant currency basis.U.S. net sales +7.7% to $132.59M and International net sales fell 6.7% to $17.55M.Gross margin rate improved 520 bps to 36.1%.The company is not providing outlook for FY2020 due uncertainty surrounding the COVID-19 pandemic.Previously: Lifetime...
Lifetime Brands (LCUT) declares $0.0425/share quarterly dividend, in line with previous.Forward yield 2.67%Payable Aug. 17; for shareholders of record Aug. 3; ex-div July 31.See LCUT Dividend Scorecard, Yield Chart, & Dividend Growth....