Media headlines about Tuesday Morning (NASDAQ:TUES) have been trending somewhat positive on Tuesday, according to Accern Sentiment Analysis. The research firm identifies positive and negative news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Tuesday Morning earned a media sentiment score of 0.12 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.7897042504822 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
Shares of Tuesday Morning (TUES) opened at $2.90 on Tuesday. Tuesday Morning has a 1-year low of $1.60 and a 1-year high of $4.13. The company has a market cap of $125.13, a PE ratio of -3.54 and a beta of 1.70.
Tuesday Morning (NASDAQ:TUES) last announced its earnings results on Thursday, February 1st. The company reported $0.19 EPS for the quarter, meeting analysts’ consensus estimates of $0.19. Tuesday Morning had a negative net margin of 3.64% and a negative return on equity of 17.87%. The business had revenue of $333.81 million during the quarter, compared to analysts’ expectations of $334.25 million. During the same period in the prior year, the company earned $0.19 earnings per share. The business’s revenue was up 1.7% compared to the same quarter last year. analysts predict that Tuesday Morning will post -0.51 EPS for the current fiscal year.
Several equities analysts have issued reports on the stock. ValuEngine upgraded shares of Tuesday Morning from a “strong sell” rating to a “sell” rating in a research note on Tuesday, January 16th. B. Riley restated a “hold” rating and issued a $3.30 price objective on shares of Tuesday Morning in a research note on Friday, October 27th. Finally, Zacks Investment Research raised shares of Tuesday Morning from a “sell” rating to a “hold” rating in a report on Saturday, January 6th.
In other Tuesday Morning news, Director Sherry M. Smith bought 13,084 shares of Tuesday Morning stock in a transaction dated Wednesday, November 15th. The stock was acquired at an average cost of $2.75 per share, with a total value of $35,981.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.60% of the stock is currently owned by corporate insiders.
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About Tuesday Morning
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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