Neutral News Coverage Likely to Affect Tuesday Morning (NASDAQ:TUES) Stock Price

News stories about Tuesday Morning (NASDAQ:TUES) have been trending neutral this week, according to InfoTrie Sentiment. InfoTrie rates the sentiment of media coverage by monitoring more than 6,000 news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Tuesday Morning earned a news impact score of 0.08 on their scale. InfoTrie also gave media coverage about the company an news buzz score of 7 out of 10, indicating that recent media coverage is likely to have an impact on the company’s share price in the near term.

These are some of the news stories that may have effected Tuesday Morning’s score:

Shares of Tuesday Morning stock traded down $0.03 during mid-day trading on Friday, hitting $2.23. 92,173 shares of the stock were exchanged, compared to its average volume of 517,706. Tuesday Morning has a twelve month low of $1.67 and a twelve month high of $3.55. The stock has a market capitalization of $106.24 million, a P/E ratio of 4.46 and a beta of 1.56. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.77 and a quick ratio of 0.10.

Tuesday Morning (NASDAQ:TUES) last released its quarterly earnings results on Thursday, January 31st. The company reported $0.35 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.29 by $0.06. Tuesday Morning had a negative net margin of 1.03% and a negative return on equity of 5.72%. The company had revenue of $338.42 million for the quarter, compared to analysts’ expectations of $341.27 million. As a group, analysts forecast that Tuesday Morning will post -0.29 EPS for the current year.

TUES has been the topic of a number of research reports. B. Riley cut shares of Tuesday Morning from a “buy” rating to a “neutral” rating and lowered their price objective for the company from $3.00 to $2.40 in a research note on Thursday, April 11th. Zacks Investment Research cut shares of Tuesday Morning from a “buy” rating to a “hold” rating in a research note on Saturday, February 9th.

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Tuesday Morning Company Profile

Tuesday Morning Corporation operates as an off-price retailer in the United States. The company offers various products, such as upscale home textiles, home furnishings, housewares, gourmet food products, toys, and seasonal décor products. As of September 30, 2018, it operated approximately 719 stores in 40 states.

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Insider Buying and Selling by Quarter for Tuesday Morning (NASDAQ:TUES)

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