Tuesday Morning (NASDAQ:TUES) Receives Coverage Optimism Rating of -3.40

Media coverage about Tuesday Morning (NASDAQ:TUES) has been trending very negative recently, InfoTrie Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than 6,000 blog and news sources. 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 coverage optimism score of -3.40 on their scale. InfoTrie also assigned news articles about the company an news buzz score of 0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company’s share price in the near future.

Here are some of the media stories that may have effected Tuesday Morning’s ranking:

A number of equities research analysts have weighed in on TUES shares. Zacks Investment Research downgraded shares of Tuesday Morning from a “buy” rating to a “hold” rating in a research note on Friday, January 10th. ValuEngine downgraded shares of Tuesday Morning from a “buy” rating to a “hold” rating in a research note on Wednesday, October 2nd.

TUES traded down $0.01 during trading on Wednesday, reaching $1.48. 109,685 shares of the company’s stock were exchanged, compared to its average volume of 105,085. Tuesday Morning has a fifty-two week low of $1.19 and a fifty-two week high of $2.93. The company has a quick ratio of 0.05, a current ratio of 1.31 and a debt-to-equity ratio of 2.28. The business has a 50 day moving average price of $1.76 and a 200 day moving average price of $1.59. The company has a market capitalization of $74.00 million, a P/E ratio of -4.77 and a beta of 1.88.

Tuesday Morning (NASDAQ:TUES) last posted its quarterly earnings results on Tuesday, November 5th. The company reported ($0.21) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.19) by ($0.02). Tuesday Morning had a negative return on equity of 7.91% and a negative net margin of 1.39%. The business had revenue of $224.44 million for the quarter, compared to analyst estimates of $227.38 million. As a group, research analysts forecast that Tuesday Morning will post -0.22 EPS for the current year.

In other Tuesday Morning news, Director Reuben E. Slone purchased 63,047 shares of the firm’s stock in a transaction on Thursday, November 7th. The shares were purchased at an average price of $1.54 per share, for a total transaction of $97,092.38. Following the completion of the purchase, the director now directly owns 76,131 shares of the company’s stock, valued at $117,241.74. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. 10.00% of the stock is owned by insiders.

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.

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

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