Shares of Tailored Brands plunge after fourth quarter miss, weak guidance
Mar 10 2017
The company now has a consensus rating of "Buy" and a consensus target price of $25.20. The stock added 1.87% beyond one week and climbed 8.40% during previous one month session. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
In case of Revenue Estimates, 6 analysts have provided their consensus Average Revenue Estimates for Tailored Brands, Inc.as 811.3 Million.
While looking at the Stock's Performance, Tailored Brands, Inc. now shows a Weekly Performance of 1.87%, where Monthly Performance is 8.4%, Quarterly performance is 31.23%, 6 Months performance is 72.26% and yearly performance percentage is 44.22%.
In related news, Director B. Michael Becker purchased 3,980 shares of the firm's stock in a transaction that occurred on Tuesday, December 27th.
When it comes to the Analysis of a Stock, Price Target plays a vital role.
Shares in the company were 28.5% lower at $16.71 pre-bell. Fiscal 2016 adjusted diluted EPS (1) was $1.76, compared to adjusted diluted EPS of $1.80 a year ago. This represents a $0.72 annualized dividend and a dividend yield of 3.09%. Wunderlich set a $30.00 price target on shares of Tailored Brands and gave the stock a "buy" rating in a research note on Thursday, December 8th. The ex-dividend date of this dividend is Friday, March 10th.
Tightening the gaze, stock performance for the last 5 trading days is 1.87%. Share performance for the month is now at 8.40%. The shares were bought at an average cost of $26.21 per share, with a total value of $104,315.80. The firm's 50-day moving average price is $21.91 and its 200 day moving average price is $19.30. The Stock now has a Weekly Volatility of 3.98% and Monthly Volatility of 4.28%. The stock was sold at an average price of $27.62, for a total transaction of $139,757.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The biggest holder now is Mr. Douglas S. Ewert who owns 177,534 shares (0.36% of those outstanding), whilst Mr. Sheldon I. Stein holds 76,581 (0.16% of shares outstanding) and Neill P. Davis holds 63,157 (0.13% of shares outstanding). Russell Investments Group Ltd. purchased a new stake in shares of Tailored Brands during the fourth quarter valued at $343,000. NY boosted its stake in shares of Tailored Brands by 6.1% in the fourth quarter.
The highest price TLRD stock touched in the last 12 month was $28.76 and the lowest price it hit in the same period was $10.9.
The share price volatility always attracts active investors, as stock price of weekly volatility recorded 3.98% and monthly volatility was 4.28%.
The Jos. A. Bank brand, which Men's Wearhouse has owned since 2014, saw its revenue dip 4.7% in its fourth quarter. Billings Capital Management LLC raised its position in shares of Tailored Brands by 8.7% in the fourth quarter.