Tandy Leather Factory (TLF) Receiving Somewhat Favorable Media Coverage, Report Finds
News headlines about Tandy Leather Factory (NASDAQ:TLF) have trended somewhat positive on Wednesday, according to Accern. Accern scores the sentiment of press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Tandy Leather Factory earned a coverage optimism score of 0.04 on Accern’s scale. Accern also assigned media coverage about the textile maker an impact score of 44.7491375601075 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
Separately, ValuEngine cut Tandy Leather Factory from a “buy” rating to a “hold” rating in a research note on Friday, August 4th.
Tandy Leather Factory (NASDAQ TLF) traded up 2.47% during midday trading on Wednesday, reaching $8.30. The company’s stock had a trading volume of 3,268 shares. Tandy Leather Factory has a 12-month low of $6.85 and a 12-month high of $9.05. The company has a market cap of $76.94 million, a P/E ratio of 14.36 and a beta of 1.01. The firm has a 50 day moving average price of $8.40 and a 200-day moving average price of $8.36.
Tandy Leather Factory (NASDAQ:TLF) last announced its quarterly earnings results on Wednesday, August 2nd. The textile maker reported $0.11 earnings per share (EPS) for the quarter. Tandy Leather Factory had a return on equity of 9.76% and a net margin of 6.47%. The business had revenue of $19.28 million for the quarter. On average, equities research analysts predict that Tandy Leather Factory will post $0.81 earnings per share for the current fiscal year.
In other Tandy Leather Factory news, Director James C. Pappas bought 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 29th. The shares were purchased at an average cost of $8.30 per share, for a total transaction of $41,500.00. Following the purchase, the director now directly owns 1,801 shares in the company, valued at $14,948.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 37.19% of the stock is owned by insiders.
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Tandy Leather Factory Company Profile
Tandy Leather Factory, Inc is a retailer and a wholesale distributor of a range of leather and related products. The Company’s products include leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also manufactures leather lacing and some of its do-it-yourself kits.
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