Ethan Allen Stock Gets Furnished With 95-Plus Composite Rating

Ethan Allen Interiors (ETH) saw its IBD SmartSelect Composite Rating rise to 96 Monday, up from 91 the day before. The stellar CR makes Ethan Allen stock one to watch.


The revised score means the stock currently tops 96% of all other stocks in terms of key performance metrics and technical strength.

Is Ethan Allen Stock A Buy?

Ethan Allen stock broke out earlier, but has fallen back below the prior 29.91 entry from a flat base. In the scenario where a stock breaks out then falls 7% or more below the entry price, it’s considered a failed breakout. If that happens, it’s best to wait for a new base to take shape.

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One weak spot for Ethan Allen stock is its 71 EPS Rating, which tracks quarterly and annual earnings-per-share growth. Look for that to improve to 80 or better to show it’s in the top 20% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q3, the Danbury, Conn.-based furniture chain reported 2,800% earnings growth. It has now posted accelerating EPS increases for three straight quarters. Sales growth climbed 18%, up from 2% in the prior report. The company has now posted accelerating growth in each of the last three quarters.

Ethan Allen Interiors holds the No. 6 rank among its peers in the Retail-Home Furnishings industry group. Haverty Furniture (HVTA) and RH (RH) are among the top five highly rated stocks within the group.


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