Tile Shop Holdings Inc. (TTS) Set to Announce Earnings on Tuesday
Tile Shop Holdings Inc. (NASDAQ:TTS) is set to issue its quarterly earnings data on Tuesday, October 18th. Parties interested in participating in the company’s conference call can do so using this link.
Tile Shop Holdings (NASDAQ:TTS) last announced its quarterly earnings results on Tuesday, July 19th. The company reported $0.14 EPS for the quarter, beating the consensus estimate of $0.13 by $0.01. Tile Shop Holdings had a return on equity of 18.43% and a net margin of 6.75%. The company had revenue of $84.30 million for the quarter, compared to the consensus estimate of $84.18 million. On average, analysts expect Tile Shop Holdings to post $0.45 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.
Tile Shop Holdings Inc. (NASDAQ:TTS) opened at 16.65 on Monday. Tile Shop Holdings Inc. has a one year low of $12.40 and a one year high of $21.05. The firm has a market cap of $857.76 million, a P/E ratio of 40.61 and a beta of 2.07. The firm’s 50-day moving average price is $16.14 and its 200 day moving average price is $17.32.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at https://www.americanbankingnews.com/2016/10/17/tile-shop-holdings-inc-tts-set-to-announce-earnings-on-tuesday.html
In related news, Director Philip B. Livingston acquired 4,920 shares of the company’s stock in a transaction dated Tuesday, August 2nd. The shares were bought at an average price of $16.97 per share, for a total transaction of $83,492.40. Following the purchase, the director now directly owns 4,568 shares in the company, valued at approximately $77,518.96. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Director Robert A. Rucker sold 50,000 shares of the company’s stock in a transaction that occurred on Thursday, October 6th. The stock was sold at an average price of $17.04, for a total value of $852,000.00. The disclosure for this sale can be found here. 26.10% of the stock is owned by company insiders.
Several large investors have recently made changes to their positions in the company. Point72 Asset Management L.P. bought a new stake in shares of Tile Shop Holdings during the second quarter worth about $1,716,000. Parametric Portfolio Associates LLC boosted its stake in Tile Shop Holdings by 15.5% in the second quarter. Parametric Portfolio Associates LLC now owns 233,177 shares of the company’s stock worth $4,636,000 after buying an additional 31,261 shares during the period. Menta Capital LLC boosted its stake in Tile Shop Holdings by 29.6% in the second quarter. Menta Capital LLC now owns 56,452 shares of the company’s stock worth $1,122,000 after buying an additional 12,900 shares during the period. Summit Securities Group LLC acquired a new stake in Tile Shop Holdings during the second quarter worth $267,000. Finally, State Street Corp boosted its stake in Tile Shop Holdings by 23.7% in the second quarter. State Street Corp now owns 522,247 shares of the company’s stock worth $10,384,000 after buying an additional 100,131 shares during the period. Institutional investors own 64.55% of the company’s stock.
Several equities analysts recently issued reports on the company. Citigroup Inc. decreased their price objective on Tile Shop Holdings from $20.00 to $19.00 and set a “neutral” rating for the company in a research report on Tuesday, August 23rd. Zacks Investment Research lowered Tile Shop Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 26th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $19.50.
Receive News & Ratings for Tile Shop Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tile Shop Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.