Tile Shop Holdings Inc (NASDAQ:TTS) Director Peter J. Jacullo III bought 10,000 shares of the business’s stock in a transaction that occurred on Monday, June 10th. The shares were acquired at an average price of $4.05 per share, for a total transaction of $40,500.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Peter J. Jacullo III also recently made the following trade(s):
- On Tuesday, June 4th, Peter J. Jacullo III purchased 20,000 shares of Tile Shop stock. The shares were purchased at an average price of $4.19 per share, with a total value of $83,800.00.
- On Thursday, June 6th, Peter J. Jacullo III purchased 80,000 shares of Tile Shop stock. The shares were purchased at an average price of $4.04 per share, with a total value of $323,200.00.
- On Thursday, March 14th, Peter J. Jacullo III purchased 20,000 shares of Tile Shop stock. The shares were purchased at an average price of $5.92 per share, with a total value of $118,400.00.
Tile Shop stock traded down $0.03 during mid-day trading on Friday, hitting $4.13. 995 shares of the stock were exchanged, compared to its average volume of 422,675. The company has a debt-to-equity ratio of 1.24, a quick ratio of 0.30 and a current ratio of 1.59. Tile Shop Holdings Inc has a 12 month low of $3.70 and a 12 month high of $9.50. The firm has a market cap of $214.37 million, a price-to-earnings ratio of 20.65, a PEG ratio of 1.03 and a beta of 1.75.
Tile Shop (NASDAQ:TTS) last released its quarterly earnings data on Tuesday, April 30th. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.07 by ($0.04). The company had revenue of $86.90 million during the quarter, compared to the consensus estimate of $93.31 million. Tile Shop had a net margin of 2.20% and a return on equity of 5.19%. The business’s revenue was down 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.08 EPS. As a group, equities research analysts predict that Tile Shop Holdings Inc will post 0.16 EPS for the current fiscal year.
The business also recently disclosed a quarterly dividend, which was paid on Friday, May 17th. Stockholders of record on Monday, May 6th were paid a $0.05 dividend. The ex-dividend date of this dividend was Friday, May 3rd. This represents a $0.20 annualized dividend and a dividend yield of 4.84%. Tile Shop’s dividend payout ratio is currently 100.00%.
TTS has been the subject of several analyst reports. ValuEngine lowered shares of Tile Shop from a “hold” rating to a “sell” rating in a report on Tuesday, February 19th. Zacks Investment Research lowered shares of Tile Shop from a “hold” rating to a “sell” rating in a report on Friday, February 22nd. BidaskClub lowered shares of Tile Shop from a “buy” rating to a “hold” rating in a report on Wednesday, March 27th. Telsey Advisory Group restated a “market perform” rating and set a $5.00 price target (down previously from $7.50) on shares of Tile Shop in a report on Wednesday, May 1st. Finally, Citigroup lowered shares of Tile Shop from a “buy” rating to a “neutral” rating and lowered their price target for the stock from $9.00 to $5.50 in a report on Wednesday, May 1st. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $6.50.
Several large investors have recently added to or reduced their stakes in TTS. Citigroup Inc. increased its stake in shares of Tile Shop by 6,798.5% in the 4th quarter. Citigroup Inc. now owns 4,622 shares of the company’s stock valued at $25,000 after acquiring an additional 4,555 shares in the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of Tile Shop by 1,076.4% in the 1st quarter. BNP Paribas Arbitrage SA now owns 8,529 shares of the company’s stock valued at $48,000 after acquiring an additional 7,804 shares in the last quarter. Municipal Employees Retirement System of Michigan bought a new stake in shares of Tile Shop in the 4th quarter valued at $61,000. Accredited Investors Inc. bought a new stake in shares of Tile Shop in the 4th quarter valued at $65,000. Finally, Metropolitan Life Insurance Co. NY increased its stake in shares of Tile Shop by 352.2% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 14,193 shares of the company’s stock valued at $78,000 after acquiring an additional 11,054 shares in the last quarter. Institutional investors own 64.55% of the company’s stock.
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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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