Lifetime BrandsLCUT
Market Cap: 199M
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 Q1 SEC filings by fund managers ($100M+ AUM)
200% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 5
200% more call options, than puts
Call options by funds: $21K | Put options by funds: $7K
100% more funds holding in top 10
Funds holding in top 10: 0 [Q4 2023] → 1 (+1) [Q1 2024]
67% more capital invested
Capital invested by funds: $59.5M [Q4 2023] → $99.2M (+$39.7M) [Q1 2024]
56% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 16
16% more funds holding
Funds holding: 63 [Q4 2023] → 73 (+10) [Q1 2024]
2.81% more ownership
Funds ownership: 40.6% [Q4 2023] → 43.42% (+2.81%) [Q1 2024]
Research analyst outlook
4 Wall Street Analysts provided 1 year price forecasts over the past 6 months
4 analyst ratings
DA Davidson Linda Bolton Weiser | 50%upside $13.5 | Buy Maintained | 13 May 2024 |
Canaccord Genuity Brian McNamara | 33%upside $12 | Buy Maintained | 10 May 2024 |
DA Davidson Linda Bolton Weiser | 27%upside $11.5 | Buy Maintained | 25 Mar 2024 |
Canaccord Genuity Brian McNamara | 22%upside $11 | Buy Maintained | 13 Mar 2024 |