News coverage about The Tile Shop (NASDAQ:TTS) has been trending somewhat negative recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. The Tile Shop earned a media sentiment score of -0.11 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 45.2521754735465 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern Sentiment’s rankings:
TTS traded up $0.05 during midday trading on Tuesday, hitting $5.65. The company had a trading volume of 732,377 shares, compared to its average volume of 965,429. The company has a current ratio of 1.70, a quick ratio of 0.33 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $279.01, a PE ratio of 17.66, a PEG ratio of 1.14 and a beta of 1.72. The Tile Shop has a twelve month low of $5.15 and a twelve month high of $22.40.
The Tile Shop (NASDAQ:TTS) last posted its quarterly earnings data on Wednesday, February 21st. The company reported ($0.05) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.10). The company had revenue of $78.58 million during the quarter, compared to analyst estimates of $84.22 million. The Tile Shop had a net margin of 3.14% and a return on equity of 11.11%. The company’s revenue was up 2.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.07 EPS. research analysts predict that The Tile Shop will post 0.19 EPS for the current year.
A number of equities analysts have recently commented on TTS shares. Citigroup reduced their price objective on shares of The Tile Shop from $10.00 to $6.60 and set a “neutral” rating for the company in a report on Thursday, February 22nd. ValuEngine downgraded shares of The Tile Shop from a “hold” rating to a “sell” rating in a report on Monday, April 2nd. BidaskClub raised shares of The Tile Shop from a “strong sell” rating to a “sell” rating in a report on Tuesday, March 27th. Zacks Investment Research downgraded shares of The Tile Shop from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 27th. Finally, Loop Capital reduced their price objective on shares of The Tile Shop to $5.00 and set a “hold” rating for the company in a report on Thursday, February 22nd. Four equities research analysts have rated the stock with a sell rating and six have issued a hold rating to the stock. The Tile Shop currently has a consensus rating of “Hold” and an average price target of $7.09.
In other The Tile Shop news, Director Todd Krasnow purchased 20,000 shares of the stock in a transaction dated Thursday, February 22nd. The stock was bought at an average price of $5.55 per share, for a total transaction of $111,000.00. Following the transaction, the director now directly owns 518,578 shares in the company, valued at $2,878,107.90. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter H. Kamin purchased 240,000 shares of the stock in a transaction dated Monday, February 26th. The shares were acquired at an average price of $5.50 per share, with a total value of $1,320,000.00. Following the transaction, the director now owns 518,578 shares in the company, valued at $2,852,179. The disclosure for this purchase can be found here. In the last quarter, insiders have bought 448,986 shares of company stock valued at $2,466,764. 24.30% of the stock is owned by corporate insiders.
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The Tile Shop Company Profile
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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