Insider Buying: Tuesday Morning Corp. CFO Buys 2,000 Shares of Stock (TUES)
Tuesday Morning Corp. (NASDAQ:TUES) CFO Jeffrey N. Boyer bought 2,000 shares of the stock in a transaction dated Thursday, July 10th. The shares were purchased at an average cost of $16.99 per share, with a total value of $33,980.00. Following the completion of the purchase, the chief financial officer now directly owns 5,964 shares in the company, valued at approximately $101,328. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Tuesday Morning Corp. (NASDAQ:TUES) traded down 4.38% on Friday, hitting $16.82. The stock had a trading volume of 458,443 shares. Tuesday Morning Corp. has a 52 week low of $10.58 and a 52 week high of $19.25. The stock has a 50-day moving average of $17.81 and a 200-day moving average of $15.2. The company’s market cap is $725.3 million.
Tuesday Morning Corp. (NASDAQ:TUES) last posted its quarterly 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. Analysts expect that Tuesday Morning Corp. will post $0.01 EPS for the current fiscal year.
Separately, 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.
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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