Benzinga - by Benzinga Insights, Benzinga Staff Writer.
A notable insider purchase on June 21, was reported by Peter Kamin, Director at Tile Shop Holdings (NASDAQ:TTSH), based on the most recent SEC filing.
What Happened: In a Form 4 filing on Friday with the U.S. Securities and Exchange Commission, it was disclosed that Kamin bought 28,752 shares of Tile Shop Holdings, amounting to a total of $190,001.
In the Friday's morning session, Tile Shop Holdings's shares are currently trading at $7.02, experiencing a up of 0.72%.
All You Need to Know About Tile Shop Holdings 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.
Understanding the Numbers: Tile Shop Holdings's Finances Negative Revenue Trend: Examining Tile Shop Holdings's financials over 3 months reveals challenges. As of 31 March, 2024, the company experienced a decline of approximately -10.09% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Consumer Discretionary sector.
Exploring Profitability:
- Gross Margin: With a high gross margin of 65.76%, the company demonstrates effective cost control and strong profitability relative to its peers.
- Earnings per Share (EPS): Tile Shop Holdings's EPS is below the industry average. The company faced challenges with a current EPS of 0.04. This suggests a potential decline in earnings.
Analyzing Market Valuation:
- Price to Earnings (P/E) Ratio: With a higher-than-average P/E ratio of 33.2, Tile Shop Holdings's stock is perceived as being overvalued in the market.
- Price to Sales (P/S) Ratio: With a P/S ratio of 0.83 below industry standards, the stock shows potential undervaluation, making it an appealing investment option for those focusing on sales performance.
- EV/EBITDA Analysis (Enterprise Value to its Earnings Before Interest, Taxes, Depreciation & Amortization): The company's EV/EBITDA ratio of 12.36 trails industry averages, indicating a potential disparity in market valuation that could be advantageous for investors.
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Exploring the Significance of Insider Trading Investors should view insider transactions as part of a multifaceted analysis and not rely solely on them for decision-making.
Exploring the legal landscape, an "insider" is defined as any officer, director, or beneficial owner holding more than ten percent of a company's equity securities, as stipulated by Section 12 of the Securities Exchange Act of 1934. This encompasses executives in the c-suite and major hedge funds. These insiders are required to report their transactions through a Form 4 filing, which must be submitted within two business days of the transaction.
Highlighted by a company insider's new purchase, there's a positive anticipation for the stock to rise.
But, insider sells may not necessarily indicate a bearish view and can be motivated by various factors.
Important Transaction Codes When analyzing transactions, investors tend to focus on those in the open market, detailed in Table I of the Form 4 filing. A P in Box 3 denotes a purchase,while S signifies a sale. Transaction code C signals the conversion of an option, and transaction code A denotes a grant, award, or other acquisition of securities from the company.
Check Out The Full List Of Tile Shop Holdings's Insider Trades.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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