Alert: New Earnings Report (2/29/24)-Tile Shop Holdings Inc (NASDAQ: TTSH).

out_logo_500#68605.jpg

Tile Shop Holdings Inc (NASDAQ: TTSH) has reported earnings for its fourth fiscal quarter (ending December 31) of $0.01 versus $0.03 for the same period a year ago — a decline of -67%. This result was in line with the consensus estimate of $0.01. E.P.S. were $0.23 for the latest four quarters through December 31 versus $0.32 for the same period a year ago — a decline of -28%.

Recent Price Action

out_mm#68605.jpg
Tile Shop Holdings Inc (NASDAQ: TTSH) stock was unchanged 0.0% on 2/29/24. The shares closed at $6.95. Moreover, this flat performance was accompanied by exceptionally high trading volume at 271% of normal. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 6.8% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, TTSH is expected to continue to be a modest Value Builder.

Tile Shop Holdings has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Tile Shop Holdings has a poor Appreciation Score of 19 but a good Power Rating of 78, producing the Low Neutral Value Trend Rating.

Rating Review

In light of this new information and positive market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

Be the first to comment

Leave a Reply

Your email address will not be published.


*