Several brokerages have updated their recommendations and price targets on shares of Tile Shop Hldgs (NASDAQ: TTS) in the last few weeks:

  • 9/6/2017 – Tile Shop Hldgs was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Tile Shop Holdings, Inc. is the parent company of The Tile Shop. The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. Tile Shop Holdings, Inc. is based in Plymouth, Minnesota. “
  • 8/29/2017 – Tile Shop Hldgs was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Tile Shop Holdings, Inc. is the parent company of The Tile Shop. The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. Tile Shop Holdings, Inc. is based in Plymouth, Minnesota. “
  • 8/26/2017 – Tile Shop Hldgs was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/23/2017 – Tile Shop Hldgs was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Tile Shop Holdings, Inc. is the parent company of The Tile Shop. The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. Tile Shop Holdings, Inc. is based in Plymouth, Minnesota. “
  • 8/4/2017 – Tile Shop Hldgs was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 7/28/2017 – Tile Shop Hldgs was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 7/21/2017 – Tile Shop Hldgs was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Tile Shop Holdings, Inc. is the parent company of The Tile Shop. The Tile Shop is a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers floor, wall, natural stone, ceramic, porcelain, glass, and metal tile products; tile patterns; basins; fixtures; listellos/borders; and profiles. Tile Shop Holdings, Inc. is based in Plymouth, Minnesota. “
  • 7/21/2017 – Tile Shop Hldgs had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $15.00 price target on the stock, down previously from $18.00.
  • 7/19/2017 – Tile Shop Hldgs had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group. They now have a $17.00 price target on the stock, down previously from $21.00.
  • 7/19/2017 – Tile Shop Hldgs had its price target lowered by analysts at Citigroup Inc. from $22.00 to $17.00. They now have a “neutral” rating on the stock.
  • 7/19/2017 – Tile Shop Hldgs is now covered by analysts at Loop Capital. They set a “hold” rating and a $15.00 price target on the stock.
  • 7/18/2017 – Tile Shop Hldgs was given a new $19.00 price target on by analysts at Piper Jaffray Companies. They now have a “buy” rating on the stock.

Shares of Tile Shop Hldgs, Inc. (NASDAQ:TTS) remained flat at $15.60 during mid-day trading on Thursday. The company’s stock had a trading volume of 182,612 shares. The stock’s 50-day moving average is $14.79 and its 200 day moving average is $18.46. The stock has a market capitalization of $810.00 million, a P/E ratio of 39.00 and a beta of 1.87. Tile Shop Hldgs, Inc. has a 52 week low of $13.30 and a 52 week high of $22.40.

Tile Shop Hldgs (NASDAQ:TTS) last posted its quarterly earnings results on Tuesday, July 18th. The company reported $0.15 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by $0.01. The business had revenue of $89.50 million for the quarter, compared to analyst estimates of $93.20 million. Tile Shop Hldgs had a return on equity of 17.45% and a net margin of 6.11%. The business’s revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.14 earnings per share. Equities research analysts anticipate that Tile Shop Hldgs, Inc. will post $0.52 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 15th. Investors of record on Tuesday, August 1st were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, July 28th. This represents a $0.20 dividend on an annualized basis and a yield of 1.28%. Tile Shop Hldgs’s payout ratio is presently 50.00%.

In related news, major shareholder Nabron International Inc. sold 100,000 shares of the business’s stock in a transaction dated Tuesday, June 13th. The shares were sold at an average price of $19.93, for a total transaction of $1,993,000.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Peter H. Kamin purchased 29,600 shares of the stock in a transaction that occurred on Tuesday, July 25th. The shares were acquired at an average price of $13.60 per share, for a total transaction of $402,560.00. Following the completion of the transaction, the director now directly owns 471,002 shares of the company’s stock, valued at approximately $6,405,627.20. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 259,454 shares of company stock worth $3,710,115 and have sold 507,680 shares worth $10,210,688. Insiders own 24.30% of the company’s stock.

Tile Shop Holdings, Inc operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 4,000 products, including ceramic, porcelain, glass, cement, wood look, and metal tiles; and marble, granite, quartz, sandstone, travertine, slate, and onyx tiles primarily under the Rush River and Fired Earth brand names.

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