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Tile Shop Hldgs, Inc. (NYSE:TTS) issued an update on its FY14 earnings guidance on Monday morning. The company provided EPS guidance of $0.30-0.35 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.38, reports. The company issued revenue guidance of $263-273 million, compared to the consensus revenue estimate of $276.14 million.

Shares of Tile Shop Hldgs, Inc. (NYSE:TTS) traded down 3.12% during mid-day trading on Monday, hitting $10.56. 2,067,580 shares of the company’s stock traded hands. Tile Shop Hldgs, Inc. has a 52-week low of $10.05 and a 52-week high of $30.25. The stock’s 50-day moving average is $13.77 and its 200-day moving average is $14.69. The company has a market cap of $541.1 million and a price-to-earnings ratio of 43.78.

Tile Shop Hldgs (NYSE:TTS) last released its earnings data on Monday, July 28th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.03. The company had revenue of $66.70 million for the quarter, compared to the consensus estimate of $68.50 million. During the same quarter in the previous year, the company posted $0.13 earnings per share. The company’s revenue for the quarter was up 14.8% on a year-over-year basis. Analysts expect that Tile Shop Hldgs, Inc. will post $0.38 EPS for the current fiscal year.

TTS has been the subject of a number of recent research reports. Analysts at Telsey Advisory Group cut their price target on shares of Tile Shop Hldgs from $17.00 to $16.00 in a research note on Friday, July 11th. They now have a not rated rating on the stock. On a related note, analysts at Credit Suisse reiterated an outperform rating on shares of Tile Shop Hldgs in a research note on Thursday, July 10th. They now have a $16.00 price target on the stock, down previously from $18.00. Finally, analysts at Citigroup Inc. reiterated a hold rating on shares of Tile Shop Hldgs in a research note on Thursday, May 1st. They now have a $14.00 price target on the stock. Two investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Tile Shop Hldgs has an average rating of Buy and an average price target of $17.80.

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