Tuesday Morning Corp. Hits New 52-Week High at $19.35 (TUES)
Tuesday Morning Corp. (NASDAQ:TUES) shares hit a new 52-week high during trading on Friday , Analyst RN reports. The stock traded as high as $19.35 and last traded at $18.43, with a volume of 1,919,569 shares. The stock had previously closed at $17.09.
Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of Tuesday Morning Corp. in a research note on Friday. They now have a $20.00 price target on the stock, up previously from $18.00.
The stock has a 50-day moving average of $17.09 and a 200-day moving average of $15.81. The company’s market cap is $795.6 million.
Tuesday Morning Corp. (NASDAQ:TUES) last issued its quarterly earnings data on Thursday, August 21st. The company reported ($0.08) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.07) by $0.01. The company had revenue of $212.60 million for the quarter, compared to the consensus estimate of $213.11 million. During the same quarter last year, the company posted ($0.13) earnings per share. Tuesday Morning Corp.’s revenue was up 5.2% compared to the same quarter last year. On average, analysts predict that Tuesday Morning Corp. will post $0.39 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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