Tile Shop Holdings Inc (NASDAQ:TTS): Institutional Investor Sentiment Down to 1.11

September 8, 2018 - By Carolyn Hewitt

Tile Shop Holdings, Inc. (NASDAQ:TTS) Logo

Sentiment for Tile Shop Holdings Inc (NASDAQ:TTS)

Tile Shop Holdings Inc (NASDAQ:TTS) institutional sentiment decreased to 1.11 in 2018 Q1. Its down -0.32, from 1.43 in 2017Q4. The ratio dropped, as 68 investment managers started new or increased holdings, while 61 reduced and sold their positions in Tile Shop Holdings Inc. The investment managers in our partner’s database reported: 32.08 million shares, down from 33.26 million shares in 2017Q4. Also, the number of investment managers holding Tile Shop Holdings Inc in their top 10 holdings was flat from 0 to 0 for the same number . Sold All: 28 Reduced: 33 Increased: 40 New Position: 28.

Tile Shop Holdings, Inc. operates as a specialty retailer of manufactured and natural stone tiles, setting and maintenance materials, and related accessories in the United States. The company has market cap of $395.29 million. It offers approximately 4,000 products, including ceramic, porcelain, glass, cement, wood look, and metal tiles; and marble, granite, quartz, sandstone, travertine, slate, and onyx tiles primarily under the Rush River and Fired Earth brand names. It has a 96.15 P/E ratio. The firm also makes setting and maintenance materials, such as thinset, grout, and sealers under the Superior brand name.

The stock decreased 2.60% or $0.2 during the last trading session, reaching $7.5. About 126,410 shares traded. Tile Shop Holdings, Inc. (NASDAQ:TTS) has declined 63.79% since September 8, 2017 and is downtrending. It has underperformed by 76.36% the S&P500.

Analysts await Tile Shop Holdings, Inc. (NASDAQ:TTS) to report earnings on October, 16. They expect $0.05 EPS, 0.00 % or $0.00 from last year’s $0.05 per share. TTS’s profit will be $2.64 million for 37.50 P/E if the $0.05 EPS becomes a reality. After $0.10 actual EPS reported by Tile Shop Holdings, Inc. for the previous quarter, Wall Street now forecasts -50.00 % negative EPS growth.

Diversified Investment Strategies Llc holds 1.32% of its portfolio in Tile Shop Holdings, Inc. for 225,225 shares. North Run Capital Lp owns 320,400 shares or 1.06% of their US portfolio. Moreover, Lapides Asset Management Llc has 1% invested in the company for 762,100 shares. The Minnesota-based Perkins Capital Management Inc has invested 0.63% in the stock. Skylands Capital Llc, a Wisconsin-based fund reported 644,200 shares.

Tile Shop Holdings, Inc. (NASDAQ:TTS) Ratings Coverage

Ratings analysis reveals 0 of Tile Shop’s analysts are positive. Out of 3 Wall Street analysts rating Tile Shop, 0 give it “Buy”, 0 “Sell” rating, while 3 recommend “Hold”. The lowest target is $600 while the high is $10. The stock’s average target of $8.67 is 15.60% above today’s ($7.5) share price. TTS was included in 5 notes of analysts from April 19, 2018. The stock of Tile Shop Holdings, Inc. (NASDAQ:TTS) has “Neutral” rating given on Friday, July 20 by Citigroup. The rating was maintained by Citigroup on Tuesday, May 1 with “Neutral”. The rating was maintained by Piper Jaffray on Thursday, April 19 with “Hold”. As per Friday, July 20, the company rating was maintained by Stifel Nicolaus. On Thursday, April 19 the stock rating was maintained by Stifel Nicolaus with “Hold”.

More news for Tile Shop Holdings, Inc. (NASDAQ:TTS) were recently published by: Seekingalpha.com, which released: “Lumber Liquidators Could Be Attractive To A Buyer” on August 21, 2018. Seekingalpha.com‘s article titled: “Tile Shop Holdings Has Stabilised Its Business” and published on September 06, 2018 is yet another important article.

Tile Shop Holdings, Inc. (NASDAQ:TTS) Institutional Positions Chart

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