Tuesday Morning Corp. Reaches New 1-Year High at $18.87 (TUES)
Tuesday Morning Corp. (NASDAQ:TUES) shares reached a new 52-week high during trading on Friday , StockRatingsNetwork reports. The stock traded as high as $18.87 and last traded at $18.60, with a volume of 225,415 shares. The stock had previously closed at $18.63.
Several analysts have recently commented on the stock. Analysts at Wolfe Research initiated coverage on shares of Tuesday Morning Corp. in a research note on Thursday, April 24th. They set an “outperform” rating on the stock. Analysts at Credit Suisse raised their price target on shares of Tuesday Morning Corp. from $17.00 to $18.00 in a research note on Thursday, March 13th.
The stock has a 50-day moving average of $14.80 and a 200-day moving average of $14.4. The company’s market cap is $798.2 million.
Tuesday Morning Corp. (NASDAQ:TUES) last announced its earnings results on Thursday, May 8th. The company reported ($0.13) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.15) by $0.02. The company had revenue of $182.80 million for the quarter, compared to the consensus estimate of $184.86 million. During the same quarter last year, the company posted ($0.11) earnings per share. Tuesday Morning Corp.’s revenue was up 2.6% compared to the same quarter last year. On average, analysts predict that Tuesday Morning Corp. will post $0.01 earnings per share for the current fiscal year.
Tuesday Morning Corporation is a closeout retailer of upscale decorative home accessories, housewares, and famous-maker gifts in the United States.
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