Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $19.75 on Tile Shop Hldgs, Inc. (NASDAQ:TTS) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.45 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Tile Shop Hldgs, Inc. (NASDAQ:TTS) stands at 41.37.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Tile Shop Hldgs, Inc., the PEG ratio for coming 3-5 years is 1.54.
The technical analysis highlights that Tile Shop Hldgs, Inc. current is trading $-1.13 points away or -6.25% from its 50-day moving average of $18.09. Further it is trading $0.35 or +2.14% away its 200-day moving average of $16.61.
The 52-week high of Tile Shop Hldgs, Inc. (NASDAQ:TTS) was $21.05 while lowest point recorded in 52-week was $11.32. It implies if stock price makes a movement of over $-4.09, it will record a new 52-week high. In the case of +49.82% drop, it will touch a new 52-week low.
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