Tile Shop Holdings Inc (NASDAQ: TTSH). Extremely significant positive changes in investment behavior have recently occurred: its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, and the stock rose on very heavy volume.
Slight positive changes in Tile Shop Holdings Inc (NASDAQ: TTSH) fundamentals have recently occurred: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of D. We would view the shares with optimism pending completion of this review in the next several days.
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 D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. Tile Shop Holdings has a poor Appreciation Score of 20 but a slightly positive Power Rating of 60, producing the Negative Value Trend Rating.
Recent Price Action
Tile Shop Holdings Inc (NASDAQ: TTSH) stock closed at $6.93 on 6/28/24 after an increase of 1.2%. Moreover, trading volume in this advance was exceptionally high at 557% of normal. Relative to the market the stock has been strong over the last nine months but has declined -0.6% during the last week.
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