Media coverage about Tuesday Morning (NASDAQ:TUES) has been trending negative recently, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Tuesday Morning earned a media sentiment score of -2.24 on their scale. InfoTrie also gave media headlines about the company an news buzz score of 10 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company’s share price in the immediate future.
Here are some of the news headlines that may have effected Tuesday Morning’s score:
Shares of TUES traded up $0.09 during midday trading on Wednesday, hitting $1.94. The stock had a trading volume of 8,215 shares, compared to its average volume of 470,608. Tuesday Morning has a twelve month low of $1.67 and a twelve month high of $4.10. The company has a market capitalization of $81.77 million, a price-to-earnings ratio of 3.88 and a beta of 1.51. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.74 and a quick ratio of 0.12.
Tuesday Morning (NASDAQ:TUES) last released its quarterly earnings results on Thursday, November 1st. The company reported ($0.18) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.30) by $0.12. Tuesday Morning had a negative return on equity of 9.62% and a negative net margin of 1.75%. The firm had revenue of $227.31 million for the quarter, compared to the consensus estimate of $223.39 million. Sell-side analysts anticipate that Tuesday Morning will post -0.28 earnings per share for the current fiscal year.
Several research analysts have weighed in on the company. ValuEngine upgraded Tuesday Morning from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. B. Riley set a $4.00 price target on Tuesday Morning and gave the company a “hold” rating in a research note on Friday, November 2nd. Finally, Zacks Investment Research downgraded Tuesday Morning from a “hold” rating to a “sell” rating in a research note on Wednesday, October 17th.
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About Tuesday Morning
Tuesday Morning Corporation operates as an off-price retailer in the United States. The company offers various products, such as upscale home textiles, home furnishings, housewares, gourmet food products, toys, and seasonal décor products. As of September 30, 2018, it operated approximately 719 stores in 40 states.
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