News articles about Tile Shop Hldgs (NASDAQ:TTS) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Tile Shop Hldgs earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 80 out of 100, meaning that recent press coverage is likely to have an effect on the company’s share price in the near term.
Several equities analysts have commented on TTS shares. Telsey Advisory Group increased their price target on Tile Shop Hldgs from $19.00 to $21.00 and gave the company a “market perform” rating in a report on Tuesday, April 18th. Zacks Investment Research upgraded shares of Tile Shop Hldgs from a “sell” rating to a “hold” rating in a research note on Wednesday, April 19th. Stifel Nicolaus restated a “hold” rating and issued a $18.00 price objective on shares of Tile Shop Hldgs in a research note on Wednesday, April 19th. Citigroup Inc. reaffirmed a “neutral” rating and issued a $22.00 target price (up from $19.00) on shares of Tile Shop Hldgs in a research report on Saturday, April 22nd. Finally, BidaskClub raised Tile Shop Hldgs from a “hold” rating to a “buy” rating in a research report on Friday, June 16th. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $17.17.
Shares of Tile Shop Hldgs (NASDAQ:TTS) traded up 1.33% during mid-day trading on Friday, hitting $15.20. The stock had a trading volume of 282,786 shares. The stock’s 50-day moving average price is $17.35 and its 200 day moving average price is $18.97. Tile Shop Hldgs has a 1-year low of $13.30 and a 1-year high of $22.40. The company has a market capitalization of $789.23 million, a P/E ratio of 38.00 and a beta of 1.87.
Tile Shop Hldgs (NASDAQ:TTS) last announced its quarterly earnings data on Tuesday, July 18th. The company reported $0.15 earnings per share for the quarter, missing the consensus estimate of $0.16 by $0.01. Tile Shop Hldgs had a return on equity of 17.45% and a net margin of 6.11%. The business had revenue of $89.50 million for the quarter, compared to the consensus estimate of $93.20 million. During the same quarter in the prior year, the company earned $0.14 earnings per share. Tile Shop Hldgs’s quarterly revenue was up 6.2% compared to the same quarter last year. On average, analysts predict that Tile Shop Hldgs will post $0.52 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st will be given a $0.05 dividend. The ex-dividend date of this dividend is Friday, July 28th. This represents a $0.20 annualized dividend and a yield of 1.32%. Tile Shop Hldgs’s dividend payout ratio is presently 50.00%.
In other news, Director Robert A. Rucker sold 14,801 shares of the stock in a transaction dated Monday, July 3rd. The stock was sold at an average price of $20.69, for a total value of $306,232.69. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Peter H. Kamin purchased 29,600 shares of the firm’s stock in a transaction dated Tuesday, July 25th. The stock was bought at an average cost of $13.60 per share, with a total value of $402,560.00. Following the purchase, the director now owns 471,002 shares of the company’s stock, valued at approximately $6,405,627.20. The disclosure for this purchase can be found here. Over the last quarter, insiders acquired 259,454 shares of company stock valued at $3,710,115 and sold 901,623 shares valued at $18,097,316. 24.30% of the stock is currently owned by company insiders.
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