Wall Street brokerages expect that Tile Shop Holdings, Inc. (NASDAQ:TTS) will post earnings of $0.05 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Tile Shop’s earnings. The lowest EPS estimate is $0.04 and the highest is $0.06. Tile Shop reported earnings per share of $0.07 in the same quarter last year, which would suggest a negative year-over-year growth rate of 28.6%. The company is scheduled to issue its next quarterly earnings results on Tuesday, February 13th.

According to Zacks, analysts expect that Tile Shop will report full-year earnings of $0.41 per share for the current fiscal year, with EPS estimates ranging from $0.40 to $0.42. For the next financial year, analysts anticipate that the company will report earnings of $0.42 per share, with EPS estimates ranging from $0.36 to $0.47. Zacks’ EPS calculations are an average based on a survey of research firms that cover Tile Shop.

Tile Shop (NASDAQ:TTS) last released its quarterly earnings results on Tuesday, October 17th. The company reported $0.05 EPS for the quarter, beating analysts’ consensus estimates of $0.04 by $0.01. The business had revenue of $84.40 million during the quarter, compared to analyst estimates of $84.05 million. Tile Shop had a return on equity of 15.40% and a net margin of 5.38%. Tile Shop’s quarterly revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.10 EPS.

A number of research analysts have commented on the company. BidaskClub raised Tile Shop from a “sell” rating to a “hold” rating in a research report on Saturday, December 9th. Zacks Investment Research lowered Tile Shop from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Piper Jaffray Companies reaffirmed a “neutral” rating and set a $8.50 price target (down previously from $14.00) on shares of Tile Shop in a research report on Tuesday, October 3rd. Citigroup lowered their price target on Tile Shop from $11.00 to $9.00 and set a “neutral” rating for the company in a research report on Wednesday, October 18th. Finally, Loop Capital reaffirmed a “hold” rating on shares of Tile Shop in a research report on Friday, October 27th. One analyst has rated the stock with a sell rating and seven have issued a hold rating to the company. Tile Shop presently has an average rating of “Hold” and an average price target of $8.92.

Tile Shop (TTS) traded up $0.05 on Wednesday, reaching $10.15. The company’s stock had a trading volume of 542,628 shares, compared to its average volume of 859,809. The company has a market cap of $526.80, a price-to-earnings ratio of 28.19, a price-to-earnings-growth ratio of 0.99 and a beta of 1.73. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.55 and a quick ratio of 0.39. Tile Shop has a fifty-two week low of $8.08 and a fifty-two week high of $22.40.

In other news, Director Christopher Thomas Cook bought 22,200 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was purchased at an average price of $8.42 per share, with a total value of $186,924.00. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Peter J. Jacullo III bought 50,000 shares of the firm’s stock in a transaction dated Tuesday, December 5th. The stock was purchased at an average cost of $8.37 per share, with a total value of $418,500.00. The disclosure for this purchase can be found here. Insiders bought a total of 328,795 shares of company stock valued at $2,794,288 in the last three months. Corporate insiders own 24.30% of the company’s stock.

Several large investors have recently made changes to their positions in the company. Schwab Charles Investment Management Inc. raised its position in shares of Tile Shop by 4.3% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 170,638 shares of the company’s stock worth $1,639,000 after acquiring an additional 7,020 shares in the last quarter. Skylands Capital LLC grew its stake in shares of Tile Shop by 10.2% in the 4th quarter. Skylands Capital LLC now owns 699,058 shares of the company’s stock worth $6,711,000 after buying an additional 64,808 shares during the last quarter. Adams Asset Advisors LLC purchased a new stake in shares of Tile Shop in the 4th quarter worth approximately $1,137,000. GSA Capital Partners LLP grew its stake in shares of Tile Shop by 119.1% in the 3rd quarter. GSA Capital Partners LLP now owns 97,518 shares of the company’s stock worth $1,238,000 after buying an additional 53,018 shares during the last quarter. Finally, Algert Global LLC grew its stake in shares of Tile Shop by 12.1% in the 3rd quarter. Algert Global LLC now owns 94,609 shares of the company’s stock worth $1,202,000 after buying an additional 10,236 shares during the last quarter. 66.77% of the stock is owned by hedge funds and other institutional investors.

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About Tile Shop

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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