TTSH Stock Summary and Trading Ideas (Tile Shop Holdings | NASDAQ:TTSH)

Tile Shop Holdings Inc is a specialty retailer of natural stone and man-made tiles, setting and maintenance materials, and related accessories in the United States. It manufactures its setting and maintenance materials, such as thinset, grout, and sealers. The company's primary market is retail sales to consumers, contractors, designers, and home builders. Natural stone products include marble, travertine, granite, quartz, sandstone, slate, and onyx tiles. Man-made products include ceramic, porcelain, glass, cement, wood look, metal and luxury vinyl tile.

Tile Shop Holdings trades on the NASDAQ stock market under the symbol TTSH.

As of April 24, 2024, TTSH stock price declined to $6.57 with 19,618 million shares trading.

TTSH has a beta of 1.67, meaning it tends to be more sensitive to market movements. TTSH has a correlation of 0.28 to the broad based SPY ETF.

TTSH has a market cap of $292.77 million. This is considered a Small Cap stock.

Last quarter Tile Shop Holdings reported $84 million in Revenue and $.01 earnings per share. This fell short of revenue expectation by $-7 million and met earnings estimates .

The top ETF exchange traded funds that TTSH belongs to (by Net Assets): VTI, IWM, VXF, IWN, AVUV.

TTSH has outperformed the market in the last year with a return of +48.3%, while the SPY ETF gained +24.2%. However, in the most recent history, TTSH shares have underperformed the stock market with its stock returning -2.5% in the last 3 month period and -6.1% for the last 2 week period, while SPY has returned +4.5% and -2.7%, respectively.

TTSH support price is $6.48 and resistance is $6.82 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TTSH stock will trade within this expected range on the day.