Tuesday Morning Corp. (TUES) Shares Down 1.6%
Shares of Tuesday Morning Corp. (NASDAQ:TUES) fell 1.6% during trading on Monday . The stock traded as low as $6.55 and last traded at $6.60, with a volume of 162,000 shares changing hands. The stock had previously closed at $6.71.
Several brokerages have commented on TUES. B. Riley reissued a “neutral” rating and issued a $9.00 price objective on shares of Tuesday Morning Corp. in a report on Saturday, August 27th. Zacks Investment Research raised Tuesday Morning Corp. from a “hold” rating to a “buy” rating and set a $8.50 price objective on the stock in a report on Tuesday, July 12th.
The stock has a market cap of $289.07 million and a price-to-earnings ratio of 82.50. The firm’s 50-day moving average is $7.55 and its 200-day moving average is $7.37.
Tuesday Morning Corp. (NASDAQ:TUES) last posted its earnings results on Friday, August 19th. The company reported ($0.09) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.13) by $0.04. The firm earned $222.80 million during the quarter. The business’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.10) earnings per share. Analysts expect that Tuesday Morning Corp. will post $0.09 EPS for the current year.
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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