Tile Shop Holdings Inc. (NASDAQ:TTS) Director Robert A. Rucker sold 50,000 shares of the business’s stock in a transaction dated Thursday, October 6th. The stock was sold at an average price of $17.04, for a total value of $852,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Tile Shop Holdings Inc. (NASDAQ:TTS) opened at 16.80 on Friday. The company has a market capitalization of $865.49 million, a price-to-earnings ratio of 40.98 and a beta of 2.07. The stock has a 50 day moving average price of $16.20 and a 200-day moving average price of $17.28. Tile Shop Holdings Inc. has a 1-year low of $11.81 and a 1-year high of $21.05.
Tile Shop Holdings (NASDAQ:TTS) last released its earnings results on Tuesday, July 19th. The company reported $0.14 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.01. The firm earned $84.30 million during the quarter, compared to analysts’ expectations of $84.18 million. Tile Shop Holdings had a return on equity of 18.43% and a net margin of 6.75%. Equities analysts predict that Tile Shop Holdings Inc. will post $0.45 earnings per share for the current year.
A number of analysts have weighed in on TTS shares. Zacks Investment Research cut Tile Shop Holdings from a “buy” rating to a “hold” rating in a research report on Wednesday, June 22nd. Citigroup Inc. reduced their price target on Tile Shop Holdings from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, August 23rd. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Tile Shop Holdings has an average rating of “Hold” and a consensus target price of $19.50.
A number of institutional investors have recently added to or reduced their stakes in the company. GSA Capital Partners LLP purchased a new position in Tile Shop Holdings during the second quarter worth about $1,346,000. Loomis Sayles & Co. L P purchased a new position in Tile Shop Holdings during the first quarter worth about $11,194,000. Nuveen Asset Management LLC boosted its position in Tile Shop Holdings by 1.7% in the first quarter. Nuveen Asset Management LLC now owns 76,679 shares of the company’s stock worth $1,143,000 after buying an additional 1,256 shares during the period. Credit Agricole S A boosted its position in Tile Shop Holdings by 13.6% in the first quarter. Credit Agricole S A now owns 114,686 shares of the company’s stock worth $1,710,000 after buying an additional 13,721 shares during the period. Finally, First Mercantile Trust Co. boosted its position in Tile Shop Holdings by 8.0% in the second quarter. First Mercantile Trust Co. now owns 10,100 shares of the company’s stock worth $201,000 after buying an additional 746 shares during the period. Hedge funds and other institutional investors own 64.55% of the company’s stock.
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