Press coverage about Tile Shop (NASDAQ:TTS) has been trending somewhat negative recently, according to Accern. The research group rates the sentiment of news coverage by reviewing more than 20 million news and blog 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 daily sentiment score of -0.23 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 45.8489050554989 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Shares of Tile Shop (NASDAQ:TTS) traded down $0.10 during trading hours on Friday, hitting $5.60. 621,612 shares of the stock traded hands, compared to its average volume of 1,009,977. The firm has a market capitalization of $299.87, a P/E ratio of 26.67, a PEG ratio of 1.23 and a beta of 1.96. The company has a quick ratio of 0.33, a current ratio of 1.70 and a debt-to-equity ratio of 0.13. Tile Shop has a 52 week low of $5.15 and a 52 week high of $22.40.
Tile Shop (NASDAQ:TTS) last announced its quarterly earnings results on Wednesday, February 21st. The company reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.05 by ($0.10). The company had revenue of $78.58 million for the quarter, compared to analyst estimates of $84.22 million. Tile Shop had a return on equity of 11.11% and a net margin of 3.14%. The firm’s quarterly revenue was up 2.6% on a year-over-year basis. During the same quarter last year, the company posted $0.07 earnings per share. sell-side analysts expect that Tile Shop will post 0.19 earnings per share for the current fiscal year.
Several research analysts have commented on the stock. BidaskClub downgraded shares of Tile Shop from a “hold” rating to a “sell” rating in a research report on Wednesday, January 31st. Zacks Investment Research upgraded shares of Tile Shop from a “sell” rating to a “hold” rating in a research report on Tuesday, December 5th. Robert W. Baird restated a “neutral” rating and set a $6.00 price objective (down from $10.00) on shares of Tile Shop in a research report on Thursday, February 22nd. Citigroup lowered their price objective on shares of Tile Shop from $10.00 to $6.60 and set a “neutral” rating for the company in a research report on Thursday, February 22nd. Finally, Loop Capital lowered their price objective on shares of Tile Shop to $5.00 and set a “hold” rating for the company in a research report on Thursday, February 22nd. Three analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. Tile Shop presently has an average rating of “Hold” and a consensus price target of $7.09.
In related news, Director Todd Krasnow acquired 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 22nd. The stock was acquired at an average cost of $5.55 per share, for a total transaction of $111,000.00. Following the completion of the acquisition, the director now directly owns 518,578 shares of the company’s stock, valued at approximately $2,878,107.90. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Peter H. Kamin acquired 178,986 shares of the firm’s stock in a transaction that occurred on Thursday, March 1st. The stock was bought at an average price of $5.46 per share, with a total value of $977,263.56. Following the completion of the acquisition, the director now directly owns 609,059 shares of the company’s stock, valued at $3,325,462.14. The disclosure for this purchase can be found here. Insiders have bought 448,986 shares of company stock valued at $2,466,764 over the last quarter. Company insiders own 24.30% of the company’s stock.
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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 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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