Analyst Rating Update on Tile Shop Hldgs (TTS)

Tile Shop Hldgs (NASDAQ:TTS) : The consensus on Tile Shop Hldgs (NASDAQ:TTS) based on 7 analyst recommendation on the company stock is 2.14, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Tile Shop Hldgs (NASDAQ:TTS) : 6 Wall Street analysts covering Tile Shop Hldgs (NASDAQ:TTS) believe that the average level the stock could reach for the short term is $18.58. The maximum price target given is $22 and the minimum target for short term is around $15, hence the standard deviation is calculated at $2.46.

Company shares have received an average consensus rating of Hold for the current week

Tile Shop Hldgs (NASDAQ:TTS): On Tuesdays trading session , Opening price of the stock was $19.48 with an intraday high of $19.82. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.96. However, the stock managed to close at $19.09, a loss of 1.80% for the day. On the previous day, the stock had closed at $19.44. The total traded volume of the day was 729,338 shares.

In an insider trading activity, Krasnow Todd, director of Tile Shop Holdings, Inc., unloaded 7,747 shares at an average price of $17.9 on June 15, 2016. The total amount of the transaction was worth $138,671, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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