Littelfuse stock holds steady as Benchmark maintains rating

Investing.com - Benchmark maintained its Hold rating on Littelfuse Inc (NASDAQ:LFUS) following the company’s third-quarter earnings report that slightly exceeded expectations but came with a softer fourth-quarter outlook. With a current P/E ratio of 57.94, Littelfuse is trading at a high earnings multiple, though InvestingPro analysis suggests the stock is slightly undervalued based on its Fair Value assessment.

Littelfuse reported revenue of $625 million, representing a 10% year-over-year increase, while adjusted earnings per share reached $2.95, exceeding the high end of the company’s guidance range. The company’s total revenue for the last twelve months stands at $2.26 billion, with a modest 1.34% growth rate.

The Electronics segment drove the company’s performance with 18% total growth (12% organic), led by passives and protection products, though this was partially offset by ongoing softness in power semiconductors, which showed sequential improvement.

Transportation segment revenue remained approximately flat due to continued weakness in commercial vehicles, while the Industrial segment grew 12% year-to-date and 4% year-over-year, supported by demand from energy storage, renewables, and data center sectors.

Benchmark expressed caution about near-term macroeconomic resilience despite encouraging design-win momentum and early recovery signs, indicating it would need to see another quarter of demand improvement and margin leverage before adopting a more positive outlook. Analysts have set price targets ranging from $280 to $325, suggesting potential upside. InvestingPro has identified 8 additional tips for Littelfuse investors, including its impressive six-month price return of 39.36%. Discover these insights and comprehensive analysis in the Pro Research Report available for over 1,400 US equities.

In other recent news, Littelfuse Inc. reported a robust financial performance for the third quarter of 2025. The company exceeded earnings expectations with an earnings per share (EPS) of $2.95, surpassing the forecasted $2.80, which represents a 5.36% surprise. Additionally, Littelfuse’s revenue slightly exceeded projections, reaching $625 million compared to the anticipated $622.92 million. Despite these positive earnings results, the company’s stock experienced a minor dip in pre-market trading. These developments highlight Littelfuse’s ability to outperform analyst estimates in both earnings and revenue. While the stock movement was slightly negative, the financial outcomes remain a significant point of focus for investors. Littelfuse’s recent earnings call provided insights into its financial health amid fluctuating market conditions.

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