Tile Shop Holdings, Inc. (TTS) saw a big move last session, as the company’s shares fell by over 9% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for TTS, as the stock is now down 24.9% in the past one-month time frame.
Tile Shop Holdings has seen a mixed track record when it comes to current year estimate revisions over the past few weeks (0 increase, 1 decrease), and the consensus for earnings hasn’t been in a trend either. This recent price action is discouraging, so make sure to keep a close watch of this firm in the near future, and especially on earnings estimates following the recent slump.
TTS currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the construction sector include Beazer Homes USA Inc. (BZH), DR Horton Inc. (DHI) and Gafisa S.A. (GFA). All these stocks hold a Zacks Rank #2 (Buy).
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