Insider Selling: Steven R. Becker Sells 172,815 Shares of Tuesday Morning Corp. Stock (TUES)
Tuesday Morning Corp. (NASDAQ:TUES) Director Steven R. Becker sold 172,815 shares of the stock on the open market in a transaction dated Tuesday, February 25th. The stock was sold at an average price of $14.85, for a total value of $2,566,302.75. The sale was disclosed in a legal filing with the SEC, which is available at this link.
Tuesday Morning Corp. (NASDAQ:TUES) traded up 1.28% on Wednesday, hitting $15.80. The stock had a trading volume of 411,479 shares. Tuesday Morning Corp. has a 52 week low of $7.20 and a 52 week high of $16.44. The stock’s 50-day moving average is $13.73 and its 200-day moving average is $13.. The company’s market cap is $679.8 million.
Tuesday Morning Corp. (NASDAQ:TUES) last announced its earnings results on Friday, January 31st. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.50 by $0.05. The company had revenue of $285.77 million for the quarter, compared to the consensus estimate of $296.46 million. On average, analysts predict that Tuesday Morning Corp. will post $-0.03 earnings per share for the current fiscal year.
A number of research firms have recently commented on TUES. Analysts at Jefferson Research upgraded shares of Tuesday Morning Corp. from a “hold” rating to a “buy” rating in a research note on Friday, February 14th. Analysts at Johnson Rice initiated coverage on shares of Tuesday Morning Corp. in a research note on Monday, February 3rd. They set an “overweight” rating on the stock.
Tuesday Morning Corporation is a closeout retailer of upscale decorative home accessories, housewares, and famous-maker gifts in the United States.