Tile Shop Holdings, Inc. (TTS) Upgraded to "Hold" by Zacks Investment Research

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Tile Shop Holdings, Inc (TTS) has reported 18.51 percent rise in profit for the quarter ended March 31, 2017. On average, equities analysts forecast that Tile Shop Holdings will post $0.54 EPS for the current year. Tile Shop Holdings has set its FY17 guidance at $0.50-0.57 EPS.

Tile Shop Holdings (NASDAQ:TTS) opened at 19.15 on Thursday.

Extreme Networks, Inc. (EXTR) surprised the stock market in its last reported earnings when it earned $0.12 a piece versus the consensus-estimated $0.07.

Tile Shop Holdings, Inc. The company's revenue was up 6.5% compared to the same quarter previous year. Analysts expect the company to announce earnings of $0.14 per share for the quarter. Tile Shop Hldgs, Inc. has a 52-week low of 15.05 and a 52-week high of 21.40.

Extreme Networks, Inc. has a consensus outperform rating from 5 Wall Street analysts, and the number of shares now sold short amount to at least 1.08% of shares outstanding. (NASDAQ:TTS) are experiencing unusual volume during today's trading.

Separately, Zacks Investment Research downgraded Tile Shop Hldgs from a "buy" rating to a "hold" rating in a research note on Wednesday, December 21st. The firm has a 50-day moving average price of $18.64 and a 200-day moving average price of $18.64. The stock's market capitalization is 988.31M.

'North Korea NUCLEAR WAR with China and USA will kill MILLIONS' Warning
On Friday, North Korea said the risky security situation was due to the "Trump administration's reckless military provocation". The consensus including China is "that this problem is coming to a head".

The company also recently disclosed a special dividend, which was paid on Friday, March 24th. The dividend is payable May 16, 2017 to shareholders of record at the close of business May 2, 2017. The ex-dividend date of this dividend was Friday, March 10th.

In other Tile Shop Hldgs news, Director Robert A. Rucker sold 50,000 shares of Tile Shop Hldgs stock in a transaction that occurred on Tuesday, January 3rd. The shares were sold at an average price of $19.10, for a total transaction of $955,000.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

According to the latest research reports released, 0 analysts have issued a rating of "buy", 2 analysts "outperform", 4 analysts "hold", 0 analysts "underperform" and 0 analysts "sell". The stock presently has an average rating of "Hold" and a consensus target price of $19.75. Insiders own 26.10% of the company's stock.

The Plymouth, Minnesota-based company said it had profit of 15 cents per share.

Large investors have recently modified their holdings of the stock. BlackRock Fund Advisors boosted its stake in shares of Tile Shop Holdings by 110.2% in the third quarter. Renaissance Technologies LLC now owns 1,170,400 shares of the company's stock worth $22,881,000 after buying an additional 151,400 shares in the last quarter.

04/06/2016 - Northland Securities began new coverage on Tile Shop Hldgs, Inc. giving the company a "outperform" rating. They now have a Dollars 17 price target on the stock. Finally, State Street Corp boosted its stake in shares of Tile Shop Holdings by 8.2% in the fourth quarter. Tower Research Limited Liability Corp (Trc) reported 2,448 shares stake.

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