Tandy Leather Factory (NASDAQ:TLF – Get Free Report) announced its quarterly earnings results on Monday. The textile maker reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by ($0.08), FiscalAI reports. Tandy Leather Factory had a negative net margin of 2.94% and a negative return on equity of 4.15%. The firm had revenue of $19.65 million during the quarter, compared to analyst estimates of $23.89 million.
Tandy Leather Factory Trading Down 0.4%
Shares of NASDAQ TLF opened at $2.38 on Wednesday. The firm has a market cap of $19.37 million, a PE ratio of -9.92 and a beta of 0.49. Tandy Leather Factory has a 1-year low of $2.21 and a 1-year high of $3.78. The company has a fifty day moving average price of $2.35 and a 200 day moving average price of $2.67.
Hedge Funds Weigh In On Tandy Leather Factory
A hedge fund recently bought a new stake in Tandy Leather Factory stock. NewEdge Advisors LLC bought a new position in Tandy Leather Factory, Inc. (NASDAQ:TLF – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 12,573 shares of the textile maker’s stock, valued at approximately $39,000. NewEdge Advisors LLC owned 0.15% of Tandy Leather Factory at the end of the most recent quarter. 56.41% of the stock is owned by institutional investors.
Analyst Ratings Changes
Check Out Our Latest Report on TLF
About Tandy Leather Factory
Tandy Leather Factory, Inc engages in the distribution of leather and related products. It offers leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. It operates through North America and International geographical segments. The North America geographical segment consists of 115 stores, which offer a broad selection of products combined with leathercraft expertise in a one-stop shop. The International geographical segment comprises of similar to North America segment but generally located in light industrial areas.
See Also
- Five stocks we like better than Tandy Leather Factory
- Why OpenAI’s IPO Plans Could Be a Massive Win for Microsoft
- A Real Biggie Deal: Wendy’s Serves Up a Juicy Buyout Arbitrage
- Ally Financial Is Back to Basics—And Investors Are Watching
- Navitas Breaks Out on India Deal, Validating High-Power AI Pivot
Receive News & Ratings for Tandy Leather Factory Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tandy Leather Factory and related companies with MarketBeat.com's FREE daily email newsletter.
