Headlines about Tile Shop (NASDAQ:TTS) have trended somewhat negative on Tuesday, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tile Shop earned a news impact score of -0.20 on Accern’s scale. Accern also gave news stories about the company an impact score of 46.0748893071137 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
TTS has been the subject of a number of recent analyst reports. BidaskClub cut shares of Tile Shop from a “sell” rating to a “strong sell” rating in a report on Saturday, February 24th. Citigroup cut their price objective on shares of Tile Shop from $10.00 to $6.60 and set a “neutral” rating for the company in a report on Thursday, February 22nd. Loop Capital cut their price objective on shares of Tile Shop to $5.00 and set a “hold” rating for the company in a report on Thursday, February 22nd. Robert W. Baird reaffirmed a “neutral” rating and issued a $6.00 price objective (down previously from $10.00) on shares of Tile Shop in a report on Thursday, February 22nd. Finally, Stifel Nicolaus dropped their target price on shares of Tile Shop from $10.00 to $6.50 and set a “hold” rating on the stock in a research report on Thursday, February 22nd. Three equities research analysts have rated the stock with a sell rating and six have assigned a hold rating to the stock. Tile Shop currently has an average rating of “Hold” and an average price target of $7.09.
Shares of Tile Shop (NASDAQ:TTS) traded down $0.05 during midday trading on Tuesday, hitting $5.70. 839,829 shares of the stock traded hands, compared to its average volume of 1,036,663. Tile Shop has a 1-year low of $5.15 and a 1-year high of $22.40. The firm has a market capitalization of $310.30, a price-to-earnings ratio of 27.14, a price-to-earnings-growth ratio of 1.27 and a beta of 1.96. The company has a current ratio of 1.70, a quick ratio of 0.33 and a debt-to-equity ratio of 0.13.
The firm also recently declared a quarterly dividend, which was paid on Friday, March 16th. Investors of record on Monday, March 5th were given a dividend of $0.05 per share. The ex-dividend date of this dividend was Friday, March 2nd. This represents a $0.20 dividend on an annualized basis and a yield of 3.51%. Tile Shop’s payout ratio is presently 95.24%.
In other news, Director Todd Krasnow bought 20,000 shares of Tile Shop stock in a transaction on Thursday, February 22nd. The shares were bought at an average cost of $5.55 per share, with a total value of $111,000.00. Following the completion of the purchase, the director now directly owns 518,578 shares of the company’s stock, valued at $2,878,107.90. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Peter J. Jacullo III bought 10,000 shares of Tile Shop stock in a transaction on Tuesday, March 6th. The shares were purchased at an average cost of $5.85 per share, for a total transaction of $58,500.00. Following the completion of the purchase, the director now directly owns 121,206 shares of the company’s stock, valued at $709,055.10. The disclosure for this purchase can be found here. Insiders have purchased 448,986 shares of company stock worth $2,466,764 over the last 90 days. 24.30% of the stock is currently owned by company insiders.
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Tile Shop Company Profile
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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