Tile Shop Holdings (TTS) Earning Somewhat Critical Press Coverage, Analysis Shows
Headlines about Tile Shop Holdings (NASDAQ:TTS) have been trending somewhat negative recently, AlphaOne Sentiment Analysis reports. AlphaOne, a service of Accern, scores the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. AlphaOne ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Tile Shop Holdings earned a media sentiment score of -0.05 on AlphaOne’s scale. AlphaOne also gave news articles about the company an impact score of 66 out of 100, indicating that recent media coverage is likely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have impacted Alpha One Sentiment’s analysis:
- The Tile Shop expands presence in greater Dallas area with opening of new retail showroom in Fort Worth (finance.yahoo.com)
- Tile Shop Holdings, Inc. (TTS) to Issue Quarterly Dividend of $0.05 (americanbankingnews.com)
- Tile Shop Holdings, Inc. (TTS) Stock Rating Reaffirmed by Stifel Nicolaus (americanbankingnews.com)
- Tile Shop Holdings, Inc. (TTS) Upgraded to Hold at Zacks Investment Research (americanbankingnews.com)
- MI family shows its devotion to Wolverines by naming son ‘Harbaugh’ (naijaoversabi.com)
Several equities analysts recently commented on TTS shares. Telsey Advisory Group boosted their target price on Tile Shop Holdings from $19.00 to $21.00 and gave the stock a “market perform” rating in a research report on Tuesday. Zacks Investment Research upgraded Tile Shop Holdings from a “sell” rating to a “hold” rating in a research report on Wednesday. Finally, Stifel Nicolaus restated a “hold” rating and set a $18.00 target price on shares of Tile Shop Holdings in a research report on Wednesday. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. Tile Shop Holdings has an average rating of “Hold” and a consensus price target of $19.80.
Tile Shop Holdings (NASDAQ:TTS) traded up 0.48% during trading on Friday, hitting $20.85. The stock had a trading volume of 405,168 shares. The firm has a market cap of $1.08 billion, a P/E ratio of 58.08 and a beta of 2.07. The company has a 50-day moving average of $18.97 and a 200 day moving average of $18.78. Tile Shop Holdings has a 52-week low of $15.05 and a 52-week high of $22.40.
Tile Shop Holdings (NASDAQ:TTS) last announced its earnings results on Tuesday, April 18th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.02. Tile Shop Holdings had a return on equity of 18.35% and a net margin of 6.88%. The business earned $92.10 million during the quarter, compared to analyst estimates of $89.70 million. During the same quarter in the previous year, the business earned $0.14 earnings per share. The company’s revenue for the quarter was up 8.7% compared to the same quarter last year. On average, equities research analysts predict that Tile Shop Holdings will post $0.55 earnings per share for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 16th. Shareholders of record on Tuesday, May 2nd will be given a dividend of $0.05 per share. The ex-dividend date of this dividend is Friday, April 28th. This represents a $0.20 annualized dividend and a dividend yield of 0.96%.
In other Tile Shop Holdings news, Director Robert A. Rucker sold 50,000 shares of the business’s stock in a transaction that occurred on Monday, April 3rd. The stock was sold at an average price of $19.10, for a total transaction of $955,000.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 26.10% of the stock is owned by insiders.
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