The Somewhat Positive Press Coverage Somewhat Unlikely to Impact Tandy Leather Factory (TLF) Stock Price

The Somewhat Positive Press Coverage Somewhat Unlikely to Impact Tandy Leather Factory (TLF) Stock Price

Press coverage about Tandy Leather Factory (NASDAQ:TLF) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tandy Leather Factory earned a news impact score of 0.09 on Accern’s scale. Accern also assigned news articles about the textile maker an impact score of 46.5931685729731 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Separately, ValuEngine raised Tandy Leather Factory from a “hold” rating to a “buy” rating in a research report on Friday, July 14th.

Shares of Tandy Leather Factory (NASDAQ TLF) remained flat at $7.95 during trading on Wednesday. The stock had a trading volume of 1,867 shares. The company has a 50 day moving average price of $8.08 and a 200-day moving average price of $8.40. Tandy Leather Factory has a 1-year low of $6.85 and a 1-year high of $9.05. The stock has a market cap of $73.70 million, a P/E ratio of 13.75 and a beta of 1.02.

Tandy Leather Factory (NASDAQ:TLF) last announced its earnings results on Wednesday, August 2nd. The textile maker reported $0.11 EPS for the quarter. The business had revenue of $19.28 million for the quarter. Tandy Leather Factory had a return on equity of 9.76% and a net margin of 6.47%. Analysts predict that Tandy Leather Factory will post $0.81 earnings per share for the current fiscal year.

In other Tandy Leather Factory news, Director James C. Pappas acquired 5,000 shares of the company’s stock in a transaction on Tuesday, August 29th. The shares were bought at an average cost of $8.30 per share, for a total transaction of $41,500.00. Following the acquisition, the director now directly owns 1,801 shares of the company’s stock, valued at $14,948.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have acquired a total of 7,285 shares of company stock worth $60,466 over the last 90 days. 43.22% of the stock is owned by company insiders.

Tandy Leather Factory Company Profile

Tandy Leather Factory, Inc is a retailer and a wholesale distributor of a range of leather and related products. The Company’s products include leather, leatherworking tools, buckles and adornments for belts, leather dyes and finishes, saddle and tack hardware, and do-it-yourself kits. The Company also manufactures leather lacing and some of its do-it-yourself kits.

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