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Tumi Holdings (NASDAQ:TUMI) issued its quarterly earnings data on Thursday. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by $0.01, Stock Ratings Network reports. The company had revenue of $124.60 million for the quarter, compared to the consensus estimate of $124.31 million. During the same quarter in the previous year, the company posted $0.18 earnings per share. The company’s revenue for the quarter was up 15.2% on a year-over-year basis. Tumi Holdings updated its FY14 guidance to $0.88-0.92 EPS.

A number of research firms have recently commented on TUMI. Analysts at Zacks upgraded shares of Tumi Holdings from an “underperform” rating to a “neutral” rating in a research note on Friday, July 18th. They now have a $20.00 price target on the stock. On the ratings front, analysts at Stephens upgraded shares of Tumi Holdings from an “equal weight” rating to an “overweight” rating in a research note on Tuesday, June 10th. They now have a $25.00 price target on the stock, up previously from $22.00. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Tumi Holdings in a research note on Monday, May 12th. They now have a $21.00 price target on the stock, down previously from $24.00. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Tumi Holdings presently has an average rating of “Buy” and a consensus target price of $24.33.

Tumi Holdings (NASDAQ:TUMI) traded down 1.30% during mid-day trading on Thursday, hitting $21.96. 1,136,899 shares of the company’s stock traded hands. Tumi Holdings has a one year low of $17.55 and a one year high of $24.71. The stock has a 50-day moving average of $20. and a 200-day moving average of $20.68. The company has a market cap of $1.490 billion and a price-to-earnings ratio of 29.28. Tumi Holdings also saw unusually large options trading activity on Thursday. Traders acquired 300 call options on the company. This represents an increase of 650% compared to the average daily volume of 40 call options.

Tumi Holdings, Inc (NASDAQ:TUMI) offers a range of travel and business products and accessories in various categories.

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