Media coverage about Tile Shop Hldgs (NASDAQ:TTS) has been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tile Shop Hldgs earned a news impact score of 0.08 on Accern’s scale. Accern also assigned media stories about the company an impact score of 45.8907745638972 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
A number of brokerages have issued reports on TTS. BidaskClub raised Tile Shop Hldgs from a “hold” rating to a “buy” rating in a research report on Friday, June 16th. Citigroup Inc. cut their price objective on Tile Shop Hldgs from $22.00 to $17.00 and set a “neutral” rating on the stock in a research report on Wednesday, July 19th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $17.00 price objective (down previously from $21.00) on shares of Tile Shop Hldgs in a research report on Wednesday, July 19th. Piper Jaffray Companies set a $19.00 price objective on Tile Shop Hldgs and gave the stock a “buy” rating in a research report on Tuesday, July 18th. Finally, Loop Capital started coverage on Tile Shop Hldgs in a research report on Wednesday, July 19th. They set a “hold” rating and a $15.00 price objective on the stock. One analyst has rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of $17.17.
Shares of Tile Shop Hldgs (NASDAQ TTS) opened at 15.20 on Friday. The stock’s 50 day moving average price is $15.86 and its 200-day moving average price is $18.66. The stock has a market cap of $789.23 million, a price-to-earnings ratio of 38.00 and a beta of 1.87. Tile Shop Hldgs has a 52-week low of $13.30 and a 52-week high of $22.40.
Tile Shop Hldgs (NASDAQ:TTS) last posted its quarterly earnings data on Tuesday, July 18th. The company reported $0.15 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.16 by $0.01. The firm had revenue of $89.50 million for the quarter, compared to the consensus estimate of $93.20 million. Tile Shop Hldgs had a return on equity of 17.45% and a net margin of 6.11%. Tile Shop Hldgs’s quarterly revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.14 earnings per share. On average, analysts predict that Tile Shop Hldgs will post $0.52 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Shareholders of record on Tuesday, August 1st were issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date was Friday, July 28th. Tile Shop Hldgs’s dividend payout ratio (DPR) is presently 50.00%.
In related news, CEO Chris Homeister purchased 9,000 shares of Tile Shop Hldgs stock in a transaction on Friday, July 21st. The stock was purchased at an average cost of $13.98 per share, with a total value of $125,820.00. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Also, major shareholder Nabron International Inc. sold 43,756 shares of the stock in a transaction on Thursday, June 1st. The shares were sold at an average price of $19.87, for a total transaction of $869,431.72. The disclosure for this sale can be found here. Over the last three months, insiders acquired 259,454 shares of company stock valued at $3,710,115 and sold 790,242 shares valued at $15,853,379. 24.30% of the stock is owned by corporate insiders.
WARNING: This piece was originally reported by StockNewsTimes and is the sole property of of StockNewsTimes. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international trademark and copyright law. The legal version of this piece can be read at https://stocknewstimes.com/2017/08/25/somewhat-favorable-news-coverage-somewhat-unlikely-to-affect-tile-shop-hldgs-tts-share-price.html.
Tile Shop Hldgs 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 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.
Receive News & Ratings for Tile Shop Hldgs Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tile Shop Hldgs Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
