News stories about Tile Shop (NASDAQ:TTS) have been trending somewhat negative this week, according to Accern Sentiment. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tile Shop earned a news sentiment score of -0.03 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.3681491988579 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Tile Shop traded up $0.15, hitting $7.85, during trading hours on Friday, Marketbeat Ratings reports. The company’s stock had a trading volume of 824,909 shares, compared to its average volume of 590,731. Tile Shop has a 12 month low of $5.15 and a 12 month high of $22.05. The company has a market capitalization of $404.14 million, a P/E ratio of 24.53, a price-to-earnings-growth ratio of 1.42 and a beta of 1.68. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.69 and a quick ratio of 0.34.
Tile Shop (NASDAQ:TTS) last announced its quarterly earnings results on Thursday, April 19th. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.01. Tile Shop had a return on equity of 8.26% and a net margin of 1.99%. The company had revenue of $91.10 million during the quarter, compared to the consensus estimate of $92.64 million. During the same period in the prior year, the company earned $0.16 earnings per share. The company’s revenue for the quarter was down 1.1% compared to the same quarter last year. equities analysts anticipate that Tile Shop will post 0.22 EPS for the current fiscal year.
Several brokerages have issued reports on TTS. BidaskClub downgraded Tile Shop from a “buy” rating to a “hold” rating in a report on Saturday, June 2nd. ValuEngine downgraded Tile Shop from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Citigroup increased their price target on Tile Shop from $6.60 to $7.40 and gave the stock a “neutral” rating in a report on Tuesday, May 1st. Zacks Investment Research upgraded Tile Shop from a “sell” rating to a “hold” rating in a report on Wednesday, April 25th. Finally, Stifel Nicolaus increased their price target on Tile Shop from $6.50 to $7.00 and gave the stock a “hold” rating in a report on Friday, April 20th. Two analysts have rated the stock with a sell rating and eight have issued a hold rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $7.27.
About Tile Shop
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 marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and ceramic, porcelain, glass, cement, wood look, and metal tiles primarily under the Rush River and Fired Earth brands.
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