NasdaqGS:TUES

Stock Analysis Report

Executive Summary

Tuesday Morning Corporation operates as an off-price retailer in the United States.

Snowflake

Fundamentals

Excellent balance sheet and overvalued.

Risks

  • Tuesday Morning has significant price volatility in the past 3 months.
  • Tuesday Morning is covered by less than 3 analysts.

Similar Companies

Share Price & News

How has Tuesday Morning's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

NasdaqGS:TUES

10.8%

US Multiline Retail

2.9%

US Market


1 Year Return

-56.9%

NasdaqGS:TUES

-1.8%

US Multiline Retail

0.2%

US Market

TUES underperformed the Multiline Retail industry which returned -8.5% over the past year.

TUES underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

TUESIndustryMarket
7 Day0%10.8%2.9%
30 Day-16.9%1.5%-2.3%
90 Day-15.3%8.5%3.1%
1 Year-56.9%-56.9%0.6%-1.8%2.4%0.2%
3 Year-81.1%-81.1%28.5%19.4%41.7%32.4%
5 Year-92.4%-92.4%35.2%18.6%55.1%37.9%

Price Volatility Vs. Market

How volatile is Tuesday Morning's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Tuesday Morning undervalued based on future cash flows and its price relative to the stock market?

0.34x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Tuesday Morning's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Tuesday Morning's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Tuesday Morning is loss making, we can't compare its value to the US Multiline Retail industry average.

Tuesday Morning is loss making, we can't compare the value of its earnings to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Tuesday Morning, we can't assess if its growth is good value.


Price Based on Value of Assets

Tuesday Morning is good value based on assets compared to the US Multiline Retail industry average.


Next Steps

Future Growth

How is Tuesday Morning expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

57.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Tuesday Morning's revenue is expected to grow by 1.7% yearly, however this is not considered high growth (20% yearly).

Tuesday Morning is not considered high growth as it is expected to be loss making for the next 1-3 years.

Tuesday Morning's revenue growth is positive but not above the United States of America market average.

Unable to compare Tuesday Morning's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.

Unable to compare Tuesday Morning's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Tuesday Morning will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Tuesday Morning performed over the past 5 years?

-36.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Tuesday Morning does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Tuesday Morning's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Tuesday Morning's 1-year growth to the US Multiline Retail industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Tuesday Morning has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Tuesday Morning has efficiently used its assets last year compared to the US Multiline Retail industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Tuesday Morning improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Tuesday Morning's financial position?


Financial Position Analysis

Tuesday Morning is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Tuesday Morning's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Tuesday Morning's level of debt (19.3%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Tuesday Morning's debt level has increased without past 5-year debt data.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 7.4x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Whilst loss making Tuesday Morning has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making Tuesday Morning has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -72.7% per year.


Next Steps

Dividend

What is Tuesday Morning's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Tuesday Morning's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Tuesday Morning's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Tuesday Morning has not reported any payouts.

Unable to verify if Tuesday Morning's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Tuesday Morning has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Tuesday Morning's salary, the management and board of directors tenure and is there insider trading?

3.6yrs

Average management tenure


CEO

Steve Becker (52yo)

3.7yrs

Tenure

US$1,284,748

Compensation

Mr. Steven Robert Becker, J.D., also known as Steve, has been the Chief Executive Officer and President of Tuesday Morning Corporation since December 14, 2015 and January 17, 2017 respectively. Mr. Becker  ...


CEO Compensation Analysis

Steve's remuneration is higher than average for companies of similar size in United States of America.

Steve's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.6yrs

Average Tenure

56.5yo

Average Age

The tenure for the Tuesday Morning management team is about average.


Board Age and Tenure

4.5yrs

Average Tenure

56.5yo

Average Age

The tenure for the Tuesday Morning board of directors is about average.


Insider Trading

More shares have been bought than sold by Tuesday Morning individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$45,00007 Jun 19
Steven Becker
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares30,000
Max PriceUS$1.50
BuyUS$28,73531 May 19
Steven Becker
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares19,030
Max PriceUS$1.51
BuyUS$40,50029 May 19
Steven Becker
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares25,000
Max PriceUS$1.62
BuyUS$8,25022 May 19
Steven Becker
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares5,000
Max PriceUS$1.65
BuyUS$330,27413 May 19
Steven Becker
EntityIndividual
Role
Chief Executive Officer
CEO, President & Director
Shares190,100
Max PriceUS$1.74
SellUS$2,90124 Sep 18
Phillip Hixon
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Store Operations
Shares967
Max PriceUS$3.00
SellUS$1,92310 Sep 18
Belinda Byrd-Rohleder
EntityIndividual
Shares641
Max PriceUS$3.00
SellUS$4,62406 Sep 18
Phillip Hixon
EntityIndividual
Role
Senior Key Executive
Executive Vice President of Store Operations
Shares1,557
Max PriceUS$2.97

Ownership Breakdown


Management Team

  • Douglas Sullivan (68yo)

    Senior Vice President of Real Estate

    • Tenure: 5.5yrs
  • Trent Taylor (61yo)

    Chief Information Officer and Executive VP of Supply Chain & Inventory Management

    • Tenure: 2.6yrs
    • Compensation: US$584.95k
  • Steve Becker (52yo)

    CEO, President & Director

    • Tenure: 3.7yrs
    • Compensation: US$1.28m
  • Stacie Shirley (50yo)

    Executive VP

    • Tenure: 3.6yrs
    • Compensation: US$536.17k
  • Phil Hixon (65yo)

    Executive Vice President of Store Operations

    • Tenure: 5.2yrs
    • Compensation: US$437.22k
  • Kelly Munsch (51yo)

    VP & Controller

    • Tenure: 4.8yrs
    • Compensation: US$416.31k
  • Miki Eilers

    Senior Vice President of Supply Chain

    • Tenure: 2.6yrs
  • Catherine Davis

    Senior Vice President of Marketing

    • Tenure: 2.3yrs

Board Members

  • Barry Gluck (66yo)

    Independent Director

    • Tenure: 2.6yrs
    • Compensation: US$103.81k
  • Sherry Smith (57yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$118.48k
  • Reuben Slone (56yo)

    Director

    • Tenure: 0.2yrs
  • Terry Burman (73yo)

    Independent Chairman of the Board

    • Tenure: 3.7yrs
    • Compensation: US$201.82k
  • Richard Willis (59yo)

    Independent Director

    • Tenure: 7.1yrs
    • Compensation: US$130.98k
  • Steve Becker (52yo)

    CEO, President & Director

    • Tenure: 3.7yrs
    • Compensation: US$1.28m
  • Frank Hamlin (50yo)

    Independent Director

    • Tenure: 5.3yrs
    • Compensation: US$113.48k
  • James Corcoran (36yo)

    Director

    • Tenure: 1.8yrs
    • Compensation: US$64.31k

Company Information

Tuesday Morning Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tuesday Morning Corporation
  • Ticker: TUES
  • Exchange: NasdaqGS
  • Founded: 1974
  • Industry: General Merchandise Stores
  • Sector: Retail
  • Market Cap: US$61.686m
  • Shares outstanding: 44.70m
  • Website: https://www.tuesdaymorning.com

Number of Employees


Location

  • Tuesday Morning Corporation
  • 6250 LBJ Freeway
  • Dallas
  • Texas
  • 75240
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TUESNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDApr 1999
TDMDB (Deutsche Boerse AG)YesCommon StockDEEURApr 1999

Biography

Tuesday Morning Corporation operates as an off-price retailer in the United States. The company offers various products, such as upscale home textiles, home furnishings, housewares, gourmet food products,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:42
End of Day Share Price2019/08/21 00:00
Earnings2019/03/31
Annual Earnings2018/06/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.