Tandy Leather Factory (TLF) Earning Somewhat Positive Press Coverage, Study Shows
Press coverage about Tandy Leather Factory (NASDAQ:TLF) has been trending somewhat positive recently, Accern Sentiment Analysis reports. The research firm ranks the sentiment of media coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tandy Leather Factory earned a coverage optimism score of 0.10 on Accern’s scale. Accern also gave headlines about the textile maker an impact score of 46.2682552112151 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Tandy Leather Factory (NASDAQ TLF) traded up 1.19% on Monday, hitting $8.50. The stock had a trading volume of 2,502 shares. The firm has a market cap of $78.80 million, a P/E ratio of 14.71 and a beta of 1.01. The firm’s 50-day moving average price is $8.72 and its 200-day moving average price is $8.30. Tandy Leather Factory has a 1-year low of $6.85 and a 1-year high of $9.05.
Tandy Leather Factory (NASDAQ:TLF) last released its earnings results on Wednesday, August 2nd. The textile maker reported $0.11 EPS for the quarter. The company had revenue of $19.28 million during the quarter. Tandy Leather Factory had a return on equity of 9.76% and a net margin of 6.47%. On average, equities research analysts predict that Tandy Leather Factory will post $0.81 earnings per share for the current year.
Separately, ValuEngine cut Tandy Leather Factory from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd.
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In other news, Director Joseph R. Mannes sold 15,000 shares of Tandy Leather Factory stock in a transaction on Thursday, May 18th. The stock was sold at an average price of $8.75, for a total value of $131,250.00. Following the completion of the sale, the director now directly owns 40,265 shares of the company’s stock, valued at approximately $352,318.75. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director T Field Lange sold 13,000 shares of Tandy Leather Factory stock in a transaction on Friday, June 9th. The shares were sold at an average price of $8.39, for a total value of $109,070.00. Following the completion of the sale, the director now directly owns 28,264 shares of the company’s stock, valued at $237,134.96. The disclosure for this sale can be found here. 37.19% of the stock is currently owned by company insiders.
Tandy Leather Factory Company Profile
Tandy Leather Factory, Inc is a retailer and a wholesale distributor of a range of leather and related products. The Company’s products include leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also manufactures leather lacing and some of its do-it-yourself kits.
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