Tuesday Morning Corp. (TUES) Receives Media Impact Rating of 0.19
News stories about Tuesday Morning Corp. (NASDAQ:TUES) have trended somewhat positive recently, Accern Sentiment reports. The research group identifies negative and positive media coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tuesday Morning Corp. earned a coverage optimism score of 0.19 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.3855058817136 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
- Comparing PriceSmart (PSMT) & Tuesday Morning Corp. (TUES) (americanbankingnews.com)
- Tuesday Morning Corp. (TUES) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Trash disposal company officials sit with Boone Co. commissioners to fix trash pick-up issues (abc17news.com)
- Voting Company Claims Venezuelan Election Turnout ‘Manipulated’ (voanews.com)
- Mount Pleasant police responding to robbery at finance company (ktre.com)
TUES has been the topic of several research reports. Zacks Investment Research raised Tuesday Morning Corp. from a “sell” rating to a “hold” rating in a report on Wednesday, April 12th. ValuEngine lowered Tuesday Morning Corp. from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. B. Riley reaffirmed a “neutral” rating and set a $2.60 price objective on shares of Tuesday Morning Corp. in a report on Wednesday, May 10th. Finally, Credit Suisse Group dropped their price objective on Tuesday Morning Corp. from $4.50 to $2.50 and set a “neutral” rating on the stock in a report on Friday, June 16th. Two analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $3.28.
Tuesday Morning Corp. (NASDAQ TUES) traded up 4.00% during trading on Tuesday, hitting $1.95. The company had a trading volume of 642,912 shares. The company’s 50 day moving average price is $1.85 and its 200-day moving average price is $2.87. Tuesday Morning Corp. has a 12 month low of $1.60 and a 12 month high of $8.06. The company’s market cap is $85.84 million.
In other Tuesday Morning Corp. news, Director Terry Lee Burman acquired 40,000 shares of the stock in a transaction that occurred on Wednesday, May 10th. The stock was acquired at an average price of $2.24 per share, with a total value of $89,600.00. Following the transaction, the director now directly owns 201,883 shares in the company, valued at $452,217.92. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Steven R. Becker acquired 100,000 shares of the stock in a transaction that occurred on Monday, June 5th. The shares were acquired at an average cost of $1.73 per share, with a total value of $173,000.00. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 240,100 shares of company stock valued at $445,082. Insiders own 4.40% of the company’s stock.
About Tuesday Morning Corp.
Tuesday Morning Corporation is an off-price retailer. The Company specializes in selling discounted, upscale decorative home accessories, housewares, seasonal goods and famous-maker gifts. The Company operated 751 stores in 40 states in the United States, as of June 30, 2016. The Company offers products in a range of categories, such as home decor, furniture, bed and bath, kitchen, toys, crafts, pets and seasonal goods.
Receive News & Ratings for Tuesday Morning Corp. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tuesday Morning Corp. and related companies with MarketBeat.com's FREE daily email newsletter.