The recent close of $28.80 is approximately 43% above the fair value buy target for the stock and approximately 31% below the fair value close target for the stock. The recent close is also 14% below analysts' twelve-month $33.50 median price target for the stock.
The recent close represents a 118% increase in price since the last baseline equity review was conducted in December of 2009.
The stock currently has a trailing twelve-month PE Ratio of 12, and a PEG Ratio of 0.4 basis estimated forward earnings growth of 35%.
In the past 52 weeks, share prices have moved between a high of $33.36 and a low of $19.54, placing equilibrium at $29.5.
Basis the recent close, the stock is trading 16% below the 52 week high, 33% above the 52 week low, 3% below equilibrium, and has an average daily trading volume of approximately 299,000 shares.
Ethan Allen Interiors, Inc. engages in designing, manufacturing, sourcing, selling, and distributing a range of home furnishings and accessories.
The company's competitors include Ashley Furniture Industries, Inc., Furniture Brands International Inc., and La-Z-Boy Incorporated.
Financial information that may be contained herein, is based on the company's most recent annual SEC filing for year ending June 30, 2012. All prices are per share unless otherwise noted.
Wax Ink currently has no investment position in the company mentioned in this alert.
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.