Tile Shop (NASDAQ:TTS) will be releasing its Q3 2019 earnings data before the market opens on Tuesday, October 22nd. Analysts expect Tile Shop to post earnings of ($0.01) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.
NASDAQ:TTS opened at $3.11 on Monday. The company has a debt-to-equity ratio of 1.45, a current ratio of 1.70 and a quick ratio of 0.28. The business has a fifty day simple moving average of $2.92 and a two-hundred day simple moving average of $3.83. Tile Shop has a 1 year low of $2.24 and a 1 year high of $7.99. The company has a market capitalization of $156.30 million, a P/E ratio of 15.55 and a beta of 1.40.
A number of equities analysts have recently commented on TTS shares. Zacks Investment Research raised Tile Shop from a “strong sell” rating to a “hold” rating in a report on Friday, September 27th. Telsey Advisory Group lowered Tile Shop from a “market perform” rating to an “underperform” rating and cut their price target for the stock from $5.00 to $2.50 in a report on Tuesday, July 23rd. Loop Capital cut their price target on Tile Shop from $5.00 to $3.00 and set a “hold” rating for the company in a report on Tuesday, July 23rd. Finally, ValuEngine lowered Tile Shop from a “hold” rating to a “sell” rating in a report on Tuesday, October 1st. Three research analysts have rated the stock with a sell rating and six have issued a hold rating to the company’s stock. Tile Shop has a consensus rating of “Hold” and an average price target of $5.42.
In related news, Director Peter J. Jacullo III purchased 35,014 shares of the business’s stock in a transaction dated Tuesday, August 20th. The stock was purchased at an average cost of $2.31 per share, with a total value of $80,882.34. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders bought 180,014 shares of company stock valued at $446,832 over the last ninety days. Corporate insiders own 27.70% of the company’s stock.
Tile Shop Company Profile
Tile Shop Holdings, Inc operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 6,000 products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and ceramic, porcelain, glass, cement, wood look, and metal tiles primarily under the Rush River and Fired Earth brands.
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