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Tuesday Morning (NASDAQ:TUES) Given Daily Media Impact Score of 0.75 – Tech Know Bits


Media stories about Tuesday Morning (NASDAQ:TUES) have been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing 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 nearest to five being the most favorable. Tuesday Morning earned a media sentiment score of 0.75 on their scale. InfoTrie also assigned press coverage about the company an news buzz score of 0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock’s share price in the near future.

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

Shares of TUES stock traded up $0.01 during mid-day trading on Monday, reaching $1.64. The stock had a trading volume of 61,972 shares, compared to its average volume of 388,796. The firm has a market capitalization of $76.14 million, a P/E ratio of 3.30 and a beta of 1.74. The firm’s 50-day moving average is $1.64. Tuesday Morning has a 12-month low of $1.46 and a 12-month high of $3.55. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.16 and a current ratio of 2.00.

Tuesday Morning (NASDAQ:TUES) last issued its quarterly earnings results on Tuesday, May 7th. The company reported ($0.18) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.25) by $0.07. The firm had revenue of $210.98 million for the quarter, compared to analyst estimates 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, equities analysts forecast that Tuesday Morning will post -0.32 EPS for the current fiscal year.

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

In other news, CEO Steven R. Becker purchased 19,030 shares of the stock in a transaction dated Wednesday, May 29th. The stock was acquired at an average cost of $1.51 per share, for a total transaction of $28,735.30. Following the acquisition, the chief executive officer now owns 1,630,325 shares of the company’s stock, valued at $2,461,790.75. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, CEO Steven R. Becker acquired 25,000 shares of Tuesday Morning stock in a transaction that occurred on Friday, May 24th. The shares were bought at an average price of $1.62 per share, with a total value of $40,500.00. Following the transaction, the chief executive officer now directly owns 1,611,295 shares in the company, valued at $2,610,297.90. The disclosure for this purchase can be found here. Insiders bought a total of 259,130 shares of company stock worth $435,859 over the last ninety days. Corporate insiders own 7.00% of the company’s stock.

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.

Further Reading: Retained Earnings

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



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