Tuesday Morning (NASDAQ:TUES) Getting Negative Press Coverage, Report Finds

News articles about Tuesday Morning (NASDAQ:TUES) have trended negative this week, InfoTrie Sentiment reports. InfoTrie identifies negative and positive news coverage by monitoring more than 6,000 blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Tuesday Morning earned a daily sentiment score of -2.65 on their scale. InfoTrie also gave news coverage about the company an news buzz score of 4 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

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

Shares of TUES stock traded up $0.02 during trading hours on Friday, hitting $1.66. The stock had a trading volume of 60,049 shares, compared to its average volume of 130,015. The company has a market capitalization of $77.31 million, a price-to-earnings ratio of 3.31 and a beta of 1.74. Tuesday Morning has a twelve month low of $1.46 and a twelve month high of $3.55. The stock has a 50 day moving average price of $1.62. 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 posted 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. The business had revenue of $210.98 million during the quarter, compared to the consensus estimate of $213.83 million. Tuesday Morning had a negative return on equity of 5.89% and a negative net margin of 1.06%. On average, research analysts expect that Tuesday Morning will post -0.32 EPS for the current year.

A number of analysts recently weighed in on TUES shares. Lake Street Capital upped their target price on shares of Calavo Growers from $94.00 to $104.00 in a research note on Friday, June 7th. Zacks Investment Research upgraded shares of SCHNEIDER ELEC /ADR from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a research note on Friday, July 5th. ValuEngine lowered shares of Valero Energy from a “hold” rating to a “sell” rating in a research note on Wednesday, May 8th. Finally, B. Riley lowered shares of Tuesday Morning from a “buy” rating to a “neutral” rating and dropped their price target for the company from $3.00 to $2.40 in a research note on Thursday, April 11th.

In related news, CEO Steven R. Becker purchased 19,030 shares of the firm’s stock in a transaction that occurred on Wednesday, May 29th. The stock was purchased at an average cost of $1.51 per share, with a total value of $28,735.30. Following the completion of the acquisition, the chief executive officer now directly owns 1,630,325 shares in the company, valued at $2,461,790.75. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Steven R. Becker purchased 180,100 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The shares were bought at an average cost of $1.74 per share, with a total value of $313,374.00. Following the completion of the acquisition, the chief executive officer now owns 1,571,295 shares of the company’s stock, valued at $2,734,053.30. The disclosure for this purchase can be found here. Insiders bought 259,130 shares of company stock valued at $435,859 over the last three months. Corporate insiders own 7.00% of the company’s stock.

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

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