Tile Shop (NASDAQ:TTS) is set to release its earnings data before the market opens on Tuesday, July 23rd. Analysts expect Tile Shop to post earnings of $0.08 per share for the quarter.
Tile Shop (NASDAQ:TTS) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.03 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.07 by ($0.04). The company had revenue of $86.90 million during the quarter, compared to analysts’ expectations of $93.31 million. Tile Shop had a return on equity of 5.19% and a net margin of 2.20%. The firm’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.08 EPS. On average, analysts expect Tile Shop to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
TTS opened at $4.08 on Monday. The stock has a market capitalization of $212.28 million, a P/E ratio of 20.40, a P/E/G ratio of 1.02 and a beta of 1.62. The business has a 50-day moving average of $4.10. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.30 and a current ratio of 1.59. Tile Shop has a 12 month low of $3.70 and a 12 month high of $9.40.
Several research firms have recently commented on TTS. Telsey Advisory Group reiterated a “market perform” rating and issued a $5.00 price objective (down previously from $7.50) on shares of Tile Shop in a report on Wednesday, May 1st. BidaskClub downgraded Zynga from a “buy” rating to a “hold” rating in a report on Thursday, April 18th. Zacks Investment Research downgraded Zafgen from a “buy” rating to a “hold” rating in a report on Saturday. ValuEngine downgraded Zosano Pharma from a “buy” rating to a “hold” rating in a report on Wednesday, May 1st. Finally, Citigroup raised their target price on Martin Marietta Materials from $239.00 to $255.00 and gave the stock a “buy” rating in a research note on Wednesday, May 1st. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $6.50.
In other Tile Shop news, Director Peter J. Jacullo III bought 10,000 shares of the business’s stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average cost of $4.10 per share, with a total value of $41,000.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders purchased 120,000 shares of company stock worth $488,500 over the last three months. 27.70% of the stock is owned by insiders.
About Tile Shop
Tile Shop Holdings, Inc operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 6,000 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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