Tandy Leather Factory, Inc. (NASDAQ:TLF) was upgraded by research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.

Separately, TheStreet raised Tandy Leather Factory from a “c+” rating to a “b-” rating in a research note on Monday, March 20th.

Shares of Tandy Leather Factory (NASDAQ TLF) traded up 2.27% during midday trading on Friday, hitting $9.00. 421 shares of the stock were exchanged. The stock has a market cap of $83.48 million, a P/E ratio of 13.64 and a beta of 1.01. The firm’s 50 day moving average price is $8.52 and its 200-day moving average price is $8.13. Tandy Leather Factory has a 52-week low of $6.85 and a 52-week high of $9.05.

Tandy Leather Factory (NASDAQ:TLF) last posted its earnings results on Wednesday, May 3rd. The textile maker reported $0.13 EPS for the quarter. Tandy Leather Factory had a return on equity of 11.53% and a net margin of 7.42%. The company had revenue of $20.15 million for the quarter. On average, equities research analysts expect that Tandy Leather Factory will post $0.81 earnings per share for the current fiscal year.

COPYRIGHT VIOLATION NOTICE: “Tandy Leather Factory, Inc. (NASDAQ:TLF) Upgraded by ValuEngine to Buy” was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright law. The legal version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/07/14/tandy-leather-factory-inc-nasdaqtlf-upgraded-by-valuengine-to-buy.html.

In other Tandy Leather Factory news, Director James C. Pappas bought 6,824 shares of the company’s stock in a transaction on Thursday, June 1st. The shares were bought at an average price of $8.43 per share, for a total transaction of $57,526.32. Following the transaction, the director now owns 1,801 shares of the company’s stock, valued at approximately $15,182.43. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director T Field Lange sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, June 9th. The stock was sold at an average price of $8.39, for a total value of $109,070.00. Following the transaction, the director now owns 28,264 shares in the company, valued at approximately $237,134.96. The disclosure for this sale can be found here. 37.19% of the stock is currently owned by insiders.

Tandy Leather Factory Company Profile

Tandy Leather Factory, Inc is a retailer and a wholesale distributor of a range of leather and related products. The Company’s products include leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also manufactures leather lacing and some of its do-it-yourself kits.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Tandy Leather Factory Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tandy Leather Factory Inc. and related companies with MarketBeat.com's FREE daily email newsletter.