Analysts’ Recent Ratings Changes for Tailored Brands (TLRD)

Several analysts have recently updated their ratings and price targets for Tailored Brands (NASDAQ: TLRD):

  • 9/13/2017 – Tailored Brands was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “Tailored Brands, Inc. is a specialty retailer of men’s suits and provider of tuxedo rental product primarily in the U.S. and Canada. The Company provide suit separates, port coats, slacks, sportswear, outerwear, dress shirts, shoes and accessories. Tailored Brands, Inc., formerly known as The Mens Wearhouse, Inc is based in Houston, Texas. “
  • 9/12/2017 – Tailored Brands was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $14.00 price target on the stock. According to Zacks, “Tailored Brands, Inc. is a specialty retailer of men’s suits and provider of tuxedo rental product primarily in the U.S. and Canada. The Company provide suit separates, port coats, slacks, sportswear, outerwear, dress shirts, shoes and accessories. Tailored Brands, Inc., formerly known as The Mens Wearhouse, Inc is based in Houston, Texas. “
  • 9/8/2017 – Tailored Brands had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $13.00 price target on the stock, up previously from $12.00.
  • 9/5/2017 – Tailored Brands had its “buy” rating reaffirmed by analysts at FBR & Co. They now have a $16.00 price target on the stock. They wrote, “We are reiterating our Buy rating, in-line estimates and $16 price target for TLRD with the company closing out our 2Q earnings season Thursday after the close. Given TLRD’s valuation of less than 6X, our FY19 EPS expectations are quite low for the name. As such, we believe investors would view the company achieving 2Q results and/or reiterating FY18 guidance as an overall positive.””
  • 9/1/2017 – Tailored Brands was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 8/9/2017 – Tailored Brands was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Tailored Brands, Inc. is a specialty retailer of men’s suits and provider of tuxedo rental product primarily in the U.S. and Canada. The Company provide suit separates, port coats, slacks, sportswear, outerwear, dress shirts, shoes and accessories. Tailored Brands, Inc., formerly known as The Mens Wearhouse, Inc is based in Houston, Texas. “

Tailored Brands Inc (NASDAQ TLRD) opened at 13.66 on Wednesday. The company has a market capitalization of $672.00 million and a P/E ratio of 11.43. Tailored Brands Inc has a 1-year low of $9.40 and a 1-year high of $28.76. The company has a 50-day moving average of $11.91 and a 200-day moving average of $12.84.

Tailored Brands (NASDAQ:TLRD) last released its quarterly earnings results on Thursday, September 7th. The company reported $1.14 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.26. The firm had revenue of $851.00 million for the quarter, compared to analyst estimates of $868.22 million. The company’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same period last year, the firm earned $0.99 EPS. Equities analysts expect that Tailored Brands Inc will post $1.78 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Tuesday, September 12th will be paid a $0.18 dividend. This represents a $0.72 annualized dividend and a yield of 5.41%. The ex-dividend date is Monday, September 11th.

In other news, Director Dinesh S. Lathi sold 3,200 shares of the business’s stock in a transaction dated Thursday, June 29th. The stock was sold at an average price of $10.86, for a total transaction of $34,752.00. Following the completion of the sale, the director now owns 22,757 shares in the company, valued at approximately $247,141.02. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Jack Calandra bought 10,000 shares of the firm’s stock in a transaction dated Wednesday, June 21st. The shares were purchased at an average price of $9.50 per share, with a total value of $95,000.00. Following the acquisition, the chief financial officer now directly owns 31,026 shares in the company, valued at approximately $294,747. The disclosure for this purchase can be found here.

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.

Receive News & Ratings for Tailored Brands Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tailored Brands Inc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply