Natuzzi (NYSE:NTZ) Gets Analyst Retention Rating from began coverage of the shares of Natuzzi (NYSE:NTZ – Get Ranked) in a research report issued to clients and investors on Tuesday. The broker has set a “hold” rating on the stock.

Separately, TheStreet dropped Natuzzi stock from a “c-” rating to a “d+” rating in a research report on Tuesday, June 7.

Performance of Natuzzi shares

NYSE NTZ shares opened at $7.65 on Tuesday. The company has a market capitalization of $83.93 million, a P/E ratio of -36.43 and a beta of 1.76. Natuzzi has a one-year low of $6.03 and a one-year high of $21.00. The company’s fifty-day moving average is $8.51 and its two-hundred-day moving average is $10.37.

Natuzzi (NYSE:NTZ – Get Rating) last released its quarterly earnings data on Friday, May 27. The company reported $0.11 EPS for the quarter. Natuzzi had a negative net margin of 0.34% and a negative return on equity of 1.77%. The business had revenue of US$ 132.96 million in the quarter.

Institutional Inputs and Outputs

Institutional investors have recently increased or reduced their holdings in the company. Cambridge Investment Research Advisors Inc. increased its stake in Natuzzi by 11.3% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 15,577 shares of the company valued at $171,000 after buying an additional 1,577 shares during the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position at Natuzzi in Q1 valued at approximately $534,000. Finally, Titleist Asset Management LTD. acquired a new position at Natuzzi in the 1st quarter valued at approximately $189,000. Institutional investors and hedge funds own 15.72% of the company’s shares.

Company Profile Natuzzi

(Get Rating)

Natuzzi SpA is dedicated to the design, manufacture and sale of upholstered leather and fabric furniture through its own and franchised stores all over the world. It operates through two segments, Natuzzi Brand and Private Brand. The company’s products mainly include fixed furniture such as sofas, loveseats and armchairs; sectional furniture; moving furniture; sofa beds; occasional chairs, including recliners and massage chairs; home decor accessories including coffee tables, lamps, rugs and wall units; and home accessories, which include vases, mirrors, magazine racks, trays and decorative objects.

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