Tile Shop Hldgs (TTS) Receives News Sentiment Rating of 0.06
News coverage about Tile Shop Hldgs (NASDAQ:TTS) has been trending somewhat positive recently, according to Accern Sentiment Analysis. Accern rates the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tile Shop Hldgs earned a news sentiment score of 0.06 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.5703329084293 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
A number of analysts have weighed in on the company. Zacks Investment Research upgraded Tile Shop Hldgs from a “sell” rating to a “hold” rating in a research note on Wednesday, September 6th. BidaskClub upgraded Tile Shop Hldgs from a “hold” rating to a “buy” rating in a research note on Saturday, August 26th. Stifel Nicolaus restated a “hold” rating and issued a $15.00 price target (down from $18.00) on shares of Tile Shop Hldgs in a research note on Friday, July 21st. Piper Jaffray Companies set a $19.00 price target on Tile Shop Hldgs and gave the company a “buy” rating in a research note on Tuesday, July 18th. Finally, Loop Capital started coverage on Tile Shop Hldgs in a research note on Wednesday, July 19th. They issued a “hold” rating and a $15.00 price target on the stock. Five equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $17.17.
Tile Shop Hldgs (NASDAQ:TTS) opened at 15.45 on Tuesday. The stock has a market cap of $802.21 million, a price-to-earnings ratio of 38.62 and a beta of 1.87. Tile Shop Hldgs has a one year low of $13.30 and a one year high of $22.40. The firm’s 50 day moving average price is $14.88 and its 200 day moving average price is $18.43.
Tile Shop Hldgs (NASDAQ:TTS) last issued its earnings results on Tuesday, July 18th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. The company had revenue of $89.50 million during the quarter, compared to analyst estimates of $93.20 million. Tile Shop Hldgs had a net margin of 6.11% and a return on equity of 17.45%. The business’s revenue for the quarter was up 6.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.14 EPS. Equities analysts forecast that Tile Shop Hldgs will post $0.52 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Tuesday, August 15th. Stockholders of record on Tuesday, August 1st were paid a $0.05 dividend. The ex-dividend date was Friday, July 28th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.29%. Tile Shop Hldgs’s dividend payout ratio (DPR) is presently 50.00%.
In related news, Director Robert A. Rucker sold 35,199 shares of the business’s stock in a transaction dated Wednesday, July 5th. The shares were sold at an average price of $20.43, for a total transaction of $719,115.57. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, major shareholder Nabron International Inc. sold 119,880 shares of the business’s stock in a transaction dated Thursday, June 15th. The shares were sold at an average price of $20.45, for a total transaction of $2,451,546.00. The disclosure for this sale can be found here. In the last 90 days, insiders bought 259,454 shares of company stock worth $3,710,115 and sold 269,880 shares worth $5,492,894. Corporate insiders own 24.30% of the company’s stock.
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.
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