Tile Shop Hldgs (NYSE:TTS)‘s stock had its “overweight” rating reiterated by research analysts at Piper Jaffray Cos. in a report released on Friday, Analyst Ratings News reports. They currently have a $30.00 price target on the stock. Piper Jaffray Cos.’s target price would indicate a potential upside of 131.66% from the company’s current price.
Tile Shop Hldgs (NYSE:TTS) opened at 12.95 on Friday. Tile Shop Hldgs has a 52 week low of $11.41 and a 52 week high of $30.88. The stock’s 50-day moving average is $25.0 and its 200-day moving average is $26.64. The company’s market cap is $662.7 million.
Tile Shop Hldgs (NYSE:TTS) last released its earnings data on Wednesday, October 30th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.10 by $0.02. The company had revenue of $56.80 million for the quarter, compared to the consensus estimate of $57.13 million. During the same quarter in the previous year, the company posted $0.11 earnings per share. The company’s revenue for the quarter was up 28.2% on a year-over-year basis. On average, analysts predict that Tile Shop Hldgs will post $0.44 earnings per share for the current fiscal year.
TTS has been the subject of a number of other recent research reports. Analysts at Wedbush reiterated an “outperform” rating on shares of Tile Shop Hldgs in a research note to investors on Friday. Separately, analysts at Citigroup Inc. downgraded shares of Tile Shop Hldgs from a “buy” rating to a “neutral” rating in a research note to investors on Friday. Finally, analysts at Thomson Reuters/Verus downgraded shares of Tile Shop Hldgs from a “hold” rating to a “sell” rating in a research note to investors on Monday, September 23rd. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $25.50.
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