Tile Shop Hldgs Inc (TTSH) Shares Rise Despite Market Challenges

Tile Shop Hldgs Inc (NASDAQ: TTSH) has seen a rise in its stock price by 0.86 in relation to its previous close of 6.97. However, the company has experienced a 0.43% gain in its stock price over the last five trading sessions. 24/7 Wall Street reported 2024-03-10 that In the wake of a media giant’s quarterly report, the Oracle of Omaha is again bolstering his stake in the tracking stocks with some huge insider purchases.

Is It Worth Investing in Tile Shop Hldgs Inc (NASDAQ: TTSH) Right Now?

Tile Shop Hldgs Inc (NASDAQ: TTSH) has a price-to-earnings ratio that is above its average at 30.41x. The stock has a 36-month beta value of 1.39. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for TTSH is 25.54M, and at present, short sellers hold a 1.41% of that float. On March 29, 2024, the average trading volume of TTSH was 127.90K shares.

TTSH’s Market Performance

TTSH’s stock has seen a 0.43% increase for the week, with a 1.15% rise in the past month and a -6.27% fall in the past quarter. The volatility ratio for the week is 2.39%, and the volatility levels for the past 30 days are at 3.73% for Tile Shop Hldgs Inc The simple moving average for the past 20 days is 3.21% for TTSH’s stock, with a 14.86% simple moving average for the past 200 days.

Analysts’ Opinion of TTSH

Many brokerage firms have already submitted their reports for TTSH stocks, with Lake Street repeating the rating for TTSH by listing it as a “Buy.” The predicted price for TTSH in the upcoming period, according to Lake Street is $12 based on the research report published on November 19, 2021 of the previous year 2021.

TTSH Trading at 5.06% from the 50-Day Moving Average

After a stumble in the market that brought TTSH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.34% of loss for the given period.

Volatility was left at 3.73%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares surge +1.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.74% upper at present.

During the last 5 trading sessions, TTSH rose by +0.43%, which changed the moving average for the period of 200-days by +30.43% in comparison to the 20-day moving average, which settled at $6.82. In addition, Tile Shop Hldgs Inc saw -4.48% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at TTSH starting from Fund 1 Investments, LLC, who purchase 198,993 shares at the price of $7.03 back on Mar 28 ’24. After this action, Fund 1 Investments, LLC now owns 5,632,108 shares of Tile Shop Hldgs Inc, valued at $1,398,604 using the latest closing price.

Fund 1 Investments, LLC, the 10% Owner of Tile Shop Hldgs Inc, purchase 20,000 shares at $6.96 during a trade that took place back on Mar 26 ’24, which means that Fund 1 Investments, LLC is holding 5,433,115 shares at $139,138 based on the most recent closing price.

Stock Fundamentals for TTSH

Current profitability levels for the company are sitting at:

  • 0.04 for the present operating margin
  • 0.63 for the gross margin

The net margin for Tile Shop Hldgs Inc stands at 0.03. The total capital return value is set at 0.06. Equity return is now at value 8.82, with 2.70 for asset returns.

Based on Tile Shop Hldgs Inc (TTSH), the company’s capital structure generated 0.54 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 1.17. The interest coverage ratio of the stock is 7.7.

Currently, EBITDA for the company is 38.51 million with net debt to EBITDA at 4.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.18. The receivables turnover for the company is 125.26for trailing twelve months and the total asset turnover is 1.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.45.

Conclusion

To sum up, Tile Shop Hldgs Inc (TTSH) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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