Tailored Brands Inc. (TLRD) Is Falling After Wider Than Expected Q4 Loss
10 March, 2017, 00:26
Shares in the company were 28.5% lower at $16.71 pre-bell. Mizuho raised Tailored Brands from a "neutral" rating to a "buy" rating and upped their target price for the stock from $17.00 to $25.00 in a research report on Thursday, December 8th. Also, major shareholder Eminence Capital, Lp bought 1,110,000 shares of the firm's stock in a transaction that occurred on Monday, January 30th. Its price to free cash flow for trailing twelve months is 22.31 and Current ratio for most recent quarter of 2.50. The stock has an average rating of "Buy" and a consensus price target of $25.20.
Since the beginning of the calendar year, the stock is -8.53%.
This recommendation lands on a scale between 1 and 5. Finally, Deutsche Bank AG lowered Tailored Brands from a "buy" rating to a "hold" rating and decreased their target price for the stock from $22.00 to $21.00 in a report on Monday, December 5th.
Considering the performance, Tailored Brands, Inc. In early trading, the stock has dipped -31.99% on steady volume. (TLRD) reported Q2 earnings of $0.99, beating consensus estimates of $0.93. The difference between the expected and actual EPS was $0.13/share, which represents an Earnings surprise of 23.6%.
For the quarter ending 09/07/2016, The Analyst projected that the company could deliver EPS of 0.93 while the company provided its Actual EPS of 0.99 showing a difference of 0.06 Percent between the Estimated and Actual EPS. The company's stock has fell -6.5 percent in the past five year.
At the moment 6 analysts are watching Tailored Brands, Inc. Shares of Tailored Brands Inc (NYSE:TLRD) now have an ABR of 2.20, derived from a total of 5 opinions.
Tailored Brands, Inc. closed its last trading session at $23.12 with the gain of 1.08%. These 6 Analysts are also projecting the mean revenue estimate of 811.3 Million.
While Looking at Sales Growth (Year/est), the company is now showing a percentage value of 1.7 percent.
Two Month Ago Analyst Ratings: TAILORED BRANDS INC (TLRD) has received mean Analyst rating of 2.62 from polled analysts at Reuters 2 Month Ago. The Stock now has a Weekly Volatility of 3.98% and Monthly Volatility of 4.28%. Last year's fourth quarter results included approximately $1.18 billion of goodwill, intangible asset and other impairment charges primarily related to Jos. Its weekly and monthly volatility is 3.98%, 4.28% respectively. Tailored Brands, Inc. P/E (price to earnings) ratio is 0 and Forward P/E ratio of 11.12. The company's revenue was down 4.0% compared to the same quarter past year. The growth estimate for the next quarter is 27.6 percent. Net profit margin of the company was recorded at -29.4 percent, operating profit margin was -30.5 percent, whereas gross profit margin stands at 42.5 percent. The Insider Ownership of the company now is 0.2 percent, and Institutional Ownership is 0 percent.
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