Shares of Tile Shop Holdings, Inc. (NASDAQ:TTS) have earned a consensus recommendation of “Hold” from the nine ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and seven have issued a hold rating on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $8.90.
A number of equities research analysts have recently commented on TTS shares. Zacks Investment Research raised shares of Tile Shop from a “sell” rating to a “hold” rating in a research note on Wednesday, September 20th. Piper Jaffray Companies lowered shares of Tile Shop from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $16.00 to $14.00 in a research note on Wednesday, September 27th. Telsey Advisory Group lowered shares of Tile Shop from a “market perform” rating to an “underperform” rating and reduced their price objective for the company from $17.00 to $7.00 in a research note on Tuesday, October 3rd. CJS Securities lowered shares of Tile Shop from an “outperform” rating to a “market perform” rating and set a $10.00 price objective on the stock. in a research note on Tuesday, October 3rd. Finally, Loop Capital reaffirmed a “hold” rating and issued a $12.00 price objective (down from $15.00) on shares of Tile Shop in a research note on Tuesday, October 3rd.
In related news, Director Peter J. Jacullo III bought 187,828 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The shares were bought at an average price of $8.48 per share, for a total transaction of $1,592,781.44. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Todd Krasnow bought 10,000 shares of the company’s stock in a transaction that occurred on Thursday, December 14th. The shares were bought at an average price of $9.01 per share, for a total transaction of $90,100.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders bought 328,795 shares of company stock worth $2,794,288. Insiders own 24.30% of the company’s stock.
Tile Shop (NASDAQ TTS) traded down $0.10 on Wednesday, reaching $10.25. 534,683 shares of the company’s stock were exchanged, compared to its average volume of 786,307. Tile Shop has a 52-week low of $8.08 and a 52-week high of $22.40. The company has a quick ratio of 0.39, a current ratio of 1.55 and a debt-to-equity ratio of 0.04. The company has a market cap of $539.84, a price-to-earnings ratio of 28.47, a price-to-earnings-growth ratio of 1.00 and a beta of 1.73.
Tile Shop (NASDAQ:TTS) last posted its earnings results on Tuesday, October 17th. The company reported $0.05 earnings per share 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 analyst estimates of $84.05 million. During the same period in the previous year, the firm posted $0.10 EPS. The company’s revenue for the quarter was up 7.4% compared to the same quarter last year. research analysts expect that Tile Shop will post 0.41 EPS for the current fiscal year.
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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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