Tuesday Morning Corp. (NASDAQ:TUES) shares were down 2.5% on Monday . The stock traded as low as $6.95 and last traded at $6.95, with a volume of 71,385 shares. The stock had previously closed at $7.13.

Several research analysts have recently weighed in on TUES shares. B. Riley reaffirmed a “neutral” rating and set a $9.00 target price on shares of Tuesday Morning Corp. in a report on Monday, May 2nd. Stifel Nicolaus reaffirmed a “buy” rating and set a $11.00 target price (up previously from $9.00) on shares of Tuesday Morning Corp. in a report on Monday, May 2nd. Finally, Zacks Investment Research raised shares of Tuesday Morning Corp. from a “hold” rating to a “buy” rating and set a $8.50 target price for the company in a report on Tuesday, July 12th.

The company has a market capitalization of $301.77 million and a price-to-earnings ratio of 86.12. The company has a 50 day moving average of $7.68 and a 200 day moving average of $7.35.

Tuesday Morning Corp. (NASDAQ:TUES) last announced its earnings results on Friday, August 19th. The company reported ($0.09) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.13) by $0.04. The company had revenue of $222.80 million for the quarter. During the same period in the previous year, the firm posted ($0.10) EPS. Tuesday Morning Corp.’s revenue was up 4.6% compared to the same quarter last year. On average, analysts forecast that Tuesday Morning Corp. will post $0.09 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Tuesday Morning Corp. stock. Schwab Charles Investment Management Inc. raised its position in Tuesday Morning Corp. (NASDAQ:TUES) by 15.2% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 251,244 shares of the company’s stock after buying an additional 33,243 shares during the period. Schwab Charles Investment Management Inc. owned about 0.58% of Tuesday Morning Corp. worth $1,634,000 at the end of the most recent quarter.

Tuesday Morning Corporation, is a merchandise and retail company. The Company is a retailer of off-price, upscale decorative home accessories, housewares, seasonal goods and gifts that sell below retail prices charged by department stores and specialty and on-line retailers in the United States. The Company sells upscale home furnishings, housewares, gifts and other related items.

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