Tuesday Morning Corp. (TUES) to Release Quarterly Earnings on Thursday
Tuesday Morning Corp. (NASDAQ:TUES) will be posting its quarterly earnings results before the market opens on Thursday, August 17th. Analysts expect Tuesday Morning Corp. to post earnings of ($0.28) per share for the quarter.
Tuesday Morning Corp. (TUES) opened at 1.85 on Thursday. The stock’s 50 day moving average price is $1.85 and its 200-day moving average price is $2.87. Tuesday Morning Corp. has a 52 week low of $1.60 and a 52 week high of $8.06. The stock’s market capitalization is $81.44 million.
In other news, CEO Steven R. Becker bought 90,100 shares of the business’s stock in a transaction on Thursday, May 25th. The stock was purchased at an average cost of $1.82 per share, for a total transaction of $163,982.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Steven R. Becker bought 100,000 shares of the business’s stock in a transaction on Monday, June 5th. The stock was purchased at an average price of $1.73 per share, with a total value of $173,000.00. The disclosure for this purchase can be found here. Insiders acquired 200,100 shares of company stock valued at $355,482 over the last 90 days. 4.40% of the stock is currently owned by insiders.
TUES has been the subject of several analyst reports. Zacks Investment Research upgraded Tuesday Morning Corp. from a “sell” rating to a “hold” rating in a research report on Thursday, July 6th. Credit Suisse Group reduced their price objective on Tuesday Morning Corp. from $4.50 to $2.50 and set a “neutral” rating for the company in a research report on Friday, June 16th. ValuEngine downgraded Tuesday Morning Corp. from a “sell” rating to a “strong sell” rating in a research report on Friday, June 2nd. Finally, B. Riley reiterated a “neutral” rating and set a $2.60 price objective on shares of Tuesday Morning Corp. in a research report on Friday, May 5th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $3.28.
Tuesday Morning Corp. Company Profile
Tuesday Morning Corporation is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016. The Company offers products in a range of categories, such as home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods.
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