Equities research analysts expect Tailored Brands Inc (NYSE:TLRD) to post $0.47 earnings per share for the current fiscal quarter, according to Zacks. Two analysts have provided estimates for Tailored Brands’ earnings, with the highest EPS estimate coming in at $0.53 and the lowest estimate coming in at $0.41. Tailored Brands reported earnings of $0.27 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 74.1%. The firm is scheduled to report its next quarterly earnings report on Wednesday, June 6th.
According to Zacks, analysts expect that Tailored Brands will report full year earnings of $2.45 per share for the current financial year, with EPS estimates ranging from $2.43 to $2.47. For the next financial year, analysts anticipate that the firm will report earnings of $2.73 per share, with EPS estimates ranging from $2.66 to $2.80. Zacks’ EPS averages are an average based on a survey of research analysts that cover Tailored Brands.
A number of equities analysts have weighed in on TLRD shares. Zacks Investment Research lowered shares of Tailored Brands from a “buy” rating to a “hold” rating in a research report on Friday, March 9th. ValuEngine lowered shares of Tailored Brands from a “buy” rating to a “hold” rating in a research report on Saturday, February 3rd. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus price target of $18.33.
TLRD stock traded up $0.09 on Wednesday, reaching $23.26. 764,258 shares of the company traded hands, compared to its average volume of 1,203,481. The company has a market capitalization of $1,113.88, a price-to-earnings ratio of 11.81, a P/E/G ratio of 0.56 and a beta of 1.94. The company has a debt-to-equity ratio of 634.61, a quick ratio of 0.59 and a current ratio of 2.51. Tailored Brands has a one year low of $9.40 and a one year high of $26.03.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 29th. Shareholders of record on Monday, March 19th will be given a dividend of $0.18 per share. The ex-dividend date is Friday, March 16th. This represents a $0.72 dividend on an annualized basis and a yield of 3.10%. Tailored Brands’s dividend payout ratio is presently 36.55%.
In other Tailored Brands news, Director William B. Sechrest sold 1,286 shares of the stock in a transaction dated Tuesday, December 26th. The shares were sold at an average price of $23.18, for a total transaction of $29,809.48. Following the completion of the transaction, the director now owns 39,098 shares in the company, valued at $906,291.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 2.00% of the stock is owned by company insiders.
Hedge funds have recently added to or reduced their stakes in the company. Crossmark Global Holdings Inc. bought a new position in shares of Tailored Brands in the fourth quarter valued at approximately $205,000. MANA Advisors LLC bought a new position in shares of Tailored Brands in the fourth quarter valued at approximately $266,000. Two Sigma Advisers LP bought a new position in shares of Tailored Brands in the fourth quarter valued at approximately $269,000. PEAK6 Investments L.P. bought a new position in shares of Tailored Brands in the third quarter valued at approximately $199,000. Finally, Teacher Retirement System of Texas purchased a new stake in Tailored Brands in the fourth quarter valued at approximately $329,000.
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Tailored Brands Company Profile
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.
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