Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Ethan Allen Interiors Inc before investing.

In this article, we go over a few key elements for understanding Ethan Allen Interiors Inc’s stock price such as:

• Ethan Allen Interiors Inc’s current stock price and volume
• Why Ethan Allen Interiors Inc’s stock price changed recently
• Upgrades and downgrades for ETD from analysts
• ETD’s stock price momentum as measured by its relative strength

About Ethan Allen Interiors Inc (ETD)

Before we jump into Ethan Allen Interiors Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Ethan Allen Interiors Inc. is an interior design company, which is a manufacturer and retailer in the home furnishings marketplace. The Company operates through two segments: wholesale and retail. The wholesale segment is involved in the development of the Ethan Allen brand and encompasses all aspects of design, manufacturing, sourcing, marketing, sale, and distribution of the Company’s broad range of home furnishings and accents. The retail segment sells home furnishings and accents to clients through a network of 139 Company-operated design centers. The Company operates approximately 139 retail design centers with 135 located in the United States and four in Canada. The Company also owns and operates ten manufacturing facilities, including four manufacturing plants, one sawmill, one rough mill and one kiln dry lumberyard in the United States, two manufacturing plants in Mexico and one manufacturing plant in Honduras.

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Ethan Allen Interiors Inc’s Stock Price as of Market Close

As of July 25, 2024, 4:00 PM, CST, Ethan Allen Interiors Inc’s stock price was $30.03.

Ethan Allen Interiors Inc is up 4.13% from its previous closing price of $28.84.

During the last market session, Ethan Allen Interiors Inc’s stock traded between $28.69 and $29.41. Currently, there are 25.53 million shares of Ethan Allen Interiors Inc stock available for purchase.

Ethan Allen Interiors Inc’s price-earnings (P/E) ratio is currently at 10.5, which is low compared to the Home Furnishings industry median of 15.6. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Ethan Allen Interiors Inc Stock Price History

Ethan Allen Interiors Inc’s (ETD) price is currently up 7.67% so far this month.

During the month of July, Ethan Allen Interiors Inc’s stock price has reached a high of $31.78 and a low of $26.53.

Over the last year, Ethan Allen Interiors Inc has hit prices as high as $36.20 and as low as $25.33. Year to date, Ethan Allen Interiors Inc’s stock is up 13.66%.

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What Caused Ethan Allen Interiors Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of July 24, 2024, there were 2 analysts who downgraded Ethan Allen Interiors Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Ethan Allen Interiors Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Ethan Allen Interiors Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Ethan Allen Interiors Inc’s current valuation based on AAII’s Value Grade is a B, which means it is considered to be Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Ethan Allen Interiors Inc (ETD) by visiting AAII Stock Evaluator.

Relative Price Strength of Ethan Allen Interiors Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of July 24, 2024, Ethan Allen Interiors Inc has a weighted four-quarter relative price strength of -8.11%, which translates to a Momentum Score of 35 and is considered to be Weak.

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Ethan Allen Interiors Inc Stock Price: Bottom Line

As of July 25, 2024, Ethan Allen Interiors Inc’s stock price is $30.03, which is up 4.13% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Ethan Allen Interiors Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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