Tailored Brands Inc (TLRD) Given Average Recommendation of “Buy” by Brokerages

Shares of Tailored Brands Inc (NASDAQ:TLRD) have been assigned an average rating of “Buy” from the eleven ratings firms that are covering the stock, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $17.33.

Several equities analysts recently issued reports on TLRD shares. FBR & Co reiterated a “buy” rating and issued a $16.00 target price on shares of Tailored Brands in a research note on Tuesday, September 5th. ValuEngine cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. BidaskClub upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $13.00 target price (up from $12.00) on shares of Tailored Brands in a research note on Friday, September 8th.

ILLEGAL ACTIVITY WARNING: “Tailored Brands Inc (TLRD) Given Average Recommendation of “Buy” by Brokerages” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/10/tailored-brands-inc-tlrd-given-average-recommendation-of-buy-by-brokerages.html.

Several institutional investors and hedge funds have recently bought and sold shares of TLRD. State of Alaska Department of Revenue increased its holdings in Tailored Brands by 80.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock worth $108,000 after acquiring an additional 4,303 shares in the last quarter. Financial Engines Advisors L.L.C. increased its holdings in Tailored Brands by 192,760.0% in the 2nd quarter. Financial Engines Advisors L.L.C. now owns 9,643 shares of the company’s stock worth $108,000 after acquiring an additional 9,638 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new stake in Tailored Brands in the 2nd quarter worth $118,000. Municipal Employees Retirement System of Michigan increased its holdings in Tailored Brands by 4.0% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 11,590 shares of the company’s stock worth $129,000 after acquiring an additional 450 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in Tailored Brands by 19.3% in the 2nd quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock worth $142,000 after acquiring an additional 2,053 shares in the last quarter.

Shares of Tailored Brands (NASDAQ:TLRD) traded down 2.96% during mid-day trading on Wednesday, reaching $13.77. The company has a market cap of $677.42 million and a P/E ratio of 11.52. The firm has a 50 day moving average price of $13.09 and a 200 day moving average price of $12.16. Tailored Brands has a 1-year low of $9.40 and a 1-year high of $28.76.

Tailored Brands (NASDAQ:TLRD) last posted its earnings results on Thursday, September 7th. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.26. The firm had revenue of $851.00 million during the quarter, compared to analyst estimates of $868.22 million. During the same quarter in the prior year, the firm earned $0.99 earnings per share. The business’s revenue for the quarter was down 6.5% on a year-over-year basis. Analysts predict that Tailored Brands will post $1.83 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, Decem

Several equities analysts recently issued reports on TLRD shares. FBR & Co reiterated a “buy” rating and issued a $16.00 target price on shares of Tailored Brands in a research note on Tuesday, September 5th. ValuEngine cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Zacks Investment Research cut shares of Tailored Brands from a “buy” rating to a “hold” rating in a research note on Wednesday, August 9th. BidaskClub upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a research note on Thursday, September 28th. Finally, Jefferies Group LLC reiterated a “hold” rating and issued a $13.00 target price (up from $12.00) on shares of Tailored Brands in a research note on Friday, September 8th.

ILLEGAL ACTIVITY WARNING: “Tailored Brands Inc (TLRD) Given Average Recommendation of “Buy” by Brokerages” was first published by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are viewing this story on another publication, it was copied illegally and reposted in violation of U.S. & international trademark and copyright laws. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/10/tailored-brands-inc-tlrd-given-average-recommendation-of-buy-by-brokerages.html.

Several institutional investors and hedge funds have recently bought and sold shares of TLRD. State of Alaska Department of Revenue increased its holdings in Tailored Brands by 80.0% in the 2nd quarter. State of Alaska Department of Revenue now owns 9,683 shares of the company’s stock worth $108,000 after acquiring an additional 4,303 shares in the last quarter. Financial Engines Advisors L.L.C. increased its holdings in Tailored Brands by 192,760.0% in the 2nd quarter. Financial Engines Advisors L.L.C. now owns 9,643 shares of the company’s stock worth $108,000 after acquiring an additional 9,638 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new stake in Tailored Brands in the 2nd quarter worth $118,000. Municipal Employees Retirement System of Michigan increased its holdings in Tailored Brands by 4.0% in the 2nd quarter. Municipal Employees Retirement System of Michigan now owns 11,590 shares of the company’s stock worth $129,000 after acquiring an additional 450 shares in the last quarter. Finally, GSA Capital Partners LLP increased its holdings in Tailored Brands by 19.3% in the 2nd quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock worth $142,000 after acquiring an additional 2,053 shares in the last quarter.

Shares of Tailored Brands (NASDAQ:TLRD) traded down 2.96% during mid-day trading on Wednesday, reaching $13.77. The company has a market cap of $677.42 million and a P/E ratio of 11.52. The firm has a 50 day moving average price of $13.09 and a 200 day moving average price of $12.16. Tailored Brands has a 1-year low of $9.40 and a 1-year high of $28.76.

Tailored Brands (NASDAQ:TLRD) last posted its earnings results on Thursday, September 7th. The company reported $1.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.88 by $0.26. The firm had revenue of $851.00 million during the quarter, compared to analyst estimates of $868.22 million. During the same quarter in the prior year, the firm earned $0.99 earnings per share. The business’s revenue for the quarter was down 6.5% on a year-over-year basis. Analysts predict that Tailored Brands will post $1.83 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 22nd. Investors of record on Tuesday, December 12th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 5.23%. The ex-dividend date is Monday, December 11th.

About Tailored Brands

Tailored Brands, Inc is a holding company of The Men’s Wearhouse, Inc The Company is a specialty apparel retailer offering suits, suit separates, sport coats, slacks, business casual, sportswear, outerwear, dress shirts, shoes and accessories for men and tuxedo and suit rental product. It operates through two segments: Retail and Corporate Apparel.

Analyst Recommendations for Tailored Brands (NASDAQ:TLRD)

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