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Shares of Tile Shop Hldgs (NYSE:TTS) reached a new 52-week low during mid-day trading on Monday following a dissappointing earnings announcement, Analyst Ratings News reports. The company traded as low as $9.93 and last traded at $10.15, with a volume of 987,342 shares. The stock had previously closed at $10.90.

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.

A number of research firms have recently commented on TTS. 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. Separately, 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 research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $17.80.

The stock has a 50-day moving average of $13.77 and a 200-day moving average of $14.69. The company has a market cap of $541.1 million and a P/E ratio of 43.78.

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