Tuesday Morning Corp

Find Ratings Reports
TUES : NASDAQ : Services
$1.775 up 0.025 | 1.4%
Today's Range: 1.75 - 1.85
Avg. Daily Volume: 946800.0
06/26/17 - 3:59 PM ET

Financial Analysis


TUESDAY MORNING CORP's gross profit margin for the third quarter of its fiscal year 2017 has decreased when compared to the same period a year ago. Sales and net income have dropped, however the growth has outpaced the average competitor within the industry. TUESDAY MORNING CORP has very weak liquidity. Currently, the Quick Ratio is 0.03 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity decreased from the same period a year ago, despite already having very weak liquidity to begin with. This would indicate deteriorating cash flow.

During the same period, stockholders' equity ("net worth") has decreased by 6.32% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. To learn more visit www.TheStreetRatings.com.



Income Statement Q3 FY17 Q3 FY16
Net Sales ($mil)203.0211.38
EBITDA ($mil)-9.021.97
EBIT ($mil)-14.68-1.93
Net Income ($mil)-14.8-5.24


Balance Sheet Q3 FY17 Q3 FY16
Cash & Equiv. ($mil)3.7515.06
Total Assets ($mil)390.03371.94
Total Debt ($mil)41.00.0
Equity ($mil)215.29229.84


Profitability Q3 FY17 Q3 FY16
Gross Profit Margin35.8738.5
EBITDA Margin-4.440.93
Operating Margin-7.23-0.91
Sales Turnover2.482.55
Return on Assets-4.880.89
Return on Equity-8.851.44
Debt Q3 FY17 Q3 FY16
Current Ratio2.322.09
Debt/Capital0.160.0
Interest Expense0.380.22
Interest Coverage-38.93-8.9


Share Data Q3 FY17 Q3 FY16
Shares outstanding (mil)45.1344.54
Div / share0.00.0
EPS-0.34-0.12
Book value / share4.775.16
Institutional Own % n/a n/a
Avg Daily Volume938566.0554044.0

Valuation


SELL. The current P/E ratio is negative, which has no meaningful value in the assessment of premium or discount valuation, it simply displays that the company has negative earnings. For additional comparison, its price-to-book ratio of 0.40 indicates a significant discount versus the S&P 500 average of 3.09 and a significant discount versus the industry average of 3.41. The price-to-sales ratio is well below both the S&P 500 average and the industry average, indicating a discount. After reviewing these and other key valuation criteria, TUESDAY MORNING CORP proves to trade at a discount to investment alternatives within the industry.


Price/Earnings
1 2 3 4 5
premium   discount
  Price/Cash Flow
1 2 3 4 5
premium   discount
TUES NM Peers 15.05   TUES NM Peers 7.35

Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.

TUES's P/E is negative making this valuation measure meaningless.

 

Neutral. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.

TUES's P/CF is negative making the measure meaningless.

 
Price/Projected
Earnings
1 2 3 4 5
premium   discount
  Price to
Earnings/Growth
1 2 3 4 5
premium   discount
TUES NM Peers 14.11   TUES NA Peers 3.76

Neutral. The absence of a valid price-to-projected earnings ratio happens when a stock can not be valued on the basis of a negative expected future earnings.

TUES's ratio is negative making this valuation measure meaningless.

 

Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.

Ratio not available.

 
Price/Book
1 2 3 4 5
premium   discount
  Earnings Growth
1 2 3 4 5
lower   higher
TUES 0.40 Peers 3.41   TUES -728.57 Peers 7.34

Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.

TUES is trading at a significant discount to its peers.

 

Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.

However, TUES is expected to significantly trail its peers on the basis of its earnings growth rate.

 
Price/Sales
1 2 3 4 5
premium   discount
  Sales Growth
1 2 3 4 5
premium   discount
TUES 0.09 Peers 0.61   TUES 2.03 Peers 2.42

Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.

TUES is trading at a significant discount to its industry on this measurement.

 

Lower. A sales growth rate that trails the industry implies that a company is losing market share.

TUES trails its peers on the basis of sales growth

 

 

Latest Stock Upgrades/Downgrades