Shares of Tile Shop Holdings Inc (NASDAQ:TTS) hit a new 52-week low during trading on Monday . The company traded as low as $5.24 and last traded at $5.26, with a volume of 6690 shares changing hands. The stock had previously closed at $5.60.

A number of brokerages have recently commented on TTS. BidaskClub cut shares of Tile Shop from a “hold” rating to a “sell” rating in a report on Thursday. ValuEngine cut shares of Tile Shop from a “hold” rating to a “sell” rating in a report on Tuesday, February 19th. Zacks Investment Research cut shares of Tile Shop from a “hold” rating to a “sell” rating in a research note on Friday, February 22nd. Finally, Robert W. Baird reiterated a “hold” rating and issued a $6.00 price target on shares of Tile Shop in a research note on Sunday, January 6th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. Tile Shop has a consensus rating of “Hold” and a consensus price target of $7.50.

The company has a market capitalization of $296.36 million, a PE ratio of 26.40, a PEG ratio of 0.91 and a beta of 1.86. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.40 and a current ratio of 2.58.

Tile Shop (NASDAQ:TTS) last announced its quarterly earnings results on Tuesday, February 19th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.01) by ($0.01). The firm had revenue of $83.90 million during the quarter, compared to the consensus estimate of $84.04 million. Tile Shop had a return on equity of 7.07% and a net margin of 2.92%. The business’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.05) EPS. On average, equities analysts expect that Tile Shop Holdings Inc will post 0.25 earnings per share for the current year.

In other news, Director Peter J. Jacullo III purchased 30,000 shares of the company’s stock in a transaction that occurred on Thursday, February 21st. The shares were bought at an average price of $6.28 per share, for a total transaction of $188,400.00. The transaction was disclosed in a legal filing with the SEC, which is available through this link. In the last quarter, insiders purchased 80,000 shares of company stock worth $487,400. 25.90% of the stock is currently owned by company insiders.

A number of large investors have recently modified their holdings of TTS. Citigroup Inc. raised its position in Tile Shop by 6,798.5% in the 4th quarter. Citigroup Inc. now owns 4,622 shares of the company’s stock worth $25,000 after buying an additional 4,555 shares during the last quarter. Municipal Employees Retirement System of Michigan purchased a new position in Tile Shop in the 4th quarter worth about $61,000. Accredited Investors Inc. purchased a new position in Tile Shop in the 4th quarter worth about $65,000. State of Alaska Department of Revenue raised its position in Tile Shop by 14.6% in the 4th quarter. State of Alaska Department of Revenue now owns 13,015 shares of the company’s stock worth $71,000 after buying an additional 1,660 shares during the last quarter. Finally, Metropolitan Life Insurance Co. NY raised its position in Tile Shop by 352.2% in the 4th quarter. Metropolitan Life Insurance Co. NY now owns 14,193 shares of the company’s stock worth $78,000 after buying an additional 11,054 shares during the last quarter. 63.34% of the stock is owned by institutional investors and hedge funds.

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About Tile Shop (NASDAQ:TTS)

Tile Shop Holdings, Inc operates as a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It offers approximately 6,000 products, including marble, travertine, granite, quartz, sandstone, slate, and onyx tiles; and ceramic, porcelain, glass, cement, wood look, and metal tiles primarily under the Rush River and Fired Earth brands.

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