Tile Shop (TTS) Receives Media Impact Rating of -0.07
News articles about Tile Shop (NASDAQ:TTS) have trended somewhat negative recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Tile Shop earned a media sentiment score of -0.07 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.404235520712 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
A number of research analysts have recently commented on the stock. Loop Capital cut their price target on shares of Tile Shop from $12.00 to $9.00 and set a “hold” rating on the stock in a report on Friday, October 13th. Piper Jaffray Companies restated a “neutral” rating and issued a $8.50 price target (down from $14.00) on shares of Tile Shop in a report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Tile Shop from a “sell” rating to a “hold” rating in a report on Wednesday, September 20th. Telsey Advisory Group cut shares of Tile Shop from a “market perform” rating to an “underperform” rating and cut their price target for the stock from $17.00 to $7.00 in a report on Tuesday, October 3rd. Finally, BidaskClub cut shares of Tile Shop from a “buy” rating to a “hold” rating in a report on Thursday, September 14th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the stock. Tile Shop has a consensus rating of “Hold” and a consensus target price of $8.92.
Tile Shop (TTS) traded up $0.35 during midday trading on Friday, hitting $10.35. 940,200 shares of the stock were exchanged, compared to its average volume of 990,675. The company has a current ratio of 1.55, a quick ratio of 0.39 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $521.58, a PE ratio of 28.75, a PEG ratio of 0.96 and a beta of 1.73. Tile Shop has a 12-month low of $8.08 and a 12-month high of $22.40.
Tile Shop (NASDAQ:TTS) last posted its quarterly earnings results on Tuesday, October 17th. The company reported $0.05 EPS for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.01. Tile Shop had a net margin of 5.38% and a return on equity of 15.40%. The firm had revenue of $84.40 million for the quarter, compared to analysts’ expectations of $84.05 million. During the same period in the prior year, the business posted $0.10 earnings per share. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. research analysts forecast that Tile Shop will post 0.41 earnings per share for the current year.
In other Tile Shop news, CFO Kirk Geadelmann bought 5,000 shares of the company’s stock in a transaction on Friday, October 20th. The shares were bought at an average cost of $8.75 per share, for a total transaction of $43,750.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Peter J. Jacullo III bought 50,000 shares of the company’s stock in a transaction on Tuesday, December 5th. The shares were acquired at an average price of $8.37 per share, for a total transaction of $418,500.00. The disclosure for this purchase can be found here. Over the last quarter, insiders have acquired 328,795 shares of company stock worth $2,794,288. 24.30% of the stock is owned by company insiders.
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Tile Shop Company Profile
Tile Shop Holdings, Inc operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 4,000 products, including ceramic, porcelain, glass, cement, wood look, and metal tiles; and marble, granite, quartz, sandstone, travertine, slate, and onyx tiles primarily under the Rush River and Fired Earth brand names.
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