Tuesday Morning (TUES) Given Daily News Impact Rating of 0.39

News headlines about Tuesday Morning (NASDAQ:TUES) have trended neutral recently, InfoTrie Sentiment reports. The research firm rates the sentiment of media coverage by monitoring more than 6,000 blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Tuesday Morning earned a news sentiment score of 0.39 on their scale. InfoTrie also assigned media stories about the company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock’s share price in the immediate future.

Here are some of the news headlines that may have impacted Tuesday Morning’s score:

TUES has been the subject of several analyst reports. B. Riley lowered Tuesday Morning from a “buy” rating to a “neutral” rating and decreased their target price for the stock from $3.00 to $2.40 in a research report on Thursday, April 11th. Zacks Investment Research lowered Tuesday Morning from a “hold” rating to a “sell” rating in a research report on Thursday, May 9th. Finally, ValuEngine lowered Tuesday Morning from a “hold” rating to a “sell” rating in a research report on Wednesday, May 8th.

Tuesday Morning stock opened at $1.73 on Friday. The stock has a market cap of $79.41 million, a PE ratio of 3.46 and a beta of 1.55. Tuesday Morning has a 1 year low of $1.60 and a 1 year high of $3.55. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.00 and a quick ratio of 0.16.

Tuesday Morning (NASDAQ:TUES) last released its quarterly earnings data on Tuesday, May 7th. The company reported ($0.18) earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.07. Tuesday Morning had a negative return on equity of 5.89% and a negative net margin of 1.06%. The business had revenue of $210.98 million for the quarter, compared to analysts’ expectations of $213.83 million. Equities analysts forecast that Tuesday Morning will post -0.32 EPS for the current year.

In other Tuesday Morning news, CEO Steven R. Becker acquired 180,100 shares of the business’s stock in a transaction dated Thursday, May 9th. The shares were acquired at an average price of $1.74 per share, for a total transaction of $313,374.00. Following the acquisition, the chief executive officer now directly owns 1,571,295 shares of the company’s stock, valued at approximately $2,734,053.30. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 7.00% of the company’s stock.

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About Tuesday Morning

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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