$0.13 EPS Expected for Tailored Brands Inc (TLRD) This Quarter

Analysts predict that Tailored Brands Inc (NYSE:TLRD) will report earnings per share (EPS) of $0.13 for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Tailored Brands’ earnings, with estimates ranging from $0.10 to $0.16. Tailored Brands posted earnings of $0.50 per share in the same quarter last year, which suggests a negative year over year growth rate of 74%. The business is expected to announce its next quarterly earnings results on Wednesday, June 12th.

On average, analysts expect that Tailored Brands will report full year earnings of $1.67 per share for the current financial year, with EPS estimates ranging from $1.20 to $1.92. For the next fiscal year, analysts anticipate that the company will report earnings of $1.93 per share, with EPS estimates ranging from $1.50 to $2.16. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research analysts that cover Tailored Brands.

Tailored Brands (NYSE:TLRD) last released its quarterly earnings results on Wednesday, March 13th. The company reported ($0.28) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.29) by $0.01. The business had revenue of $785.76 million for the quarter, compared to analyst estimates of $801.24 million. Tailored Brands had a negative return on equity of 1,944.45% and a net margin of 2.57%. Tailored Brands’s revenue for the quarter was down 8.6% on a year-over-year basis.

TLRD has been the subject of a number of research reports. B. Riley initiated coverage on Tailored Brands in a report on Tuesday, December 18th. They set a “buy” rating and a $20.00 target price for the company. Deutsche Bank set a $24.00 price objective on Tailored Brands and gave the company a “hold” rating in a report on Thursday, December 13th. Zacks Investment Research upgraded Tailored Brands from a “sell” rating to a “hold” rating in a report on Thursday, February 14th. Finally, Citigroup began coverage on Tailored Brands in a report on Thursday, December 20th. They issued a “market weight” rating for the company. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $20.00.

In related news, CAO Brian T. Vaclavik acquired 4,250 shares of the firm’s stock in a transaction dated Monday, March 18th. The stock was bought at an average price of $8.16 per share, for a total transaction of $34,680.00. Following the acquisition, the chief accounting officer now directly owns 19,699 shares of the company’s stock, valued at $160,743.84. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.40% of the stock is owned by company insiders.

A number of institutional investors have recently bought and sold shares of TLRD. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in Tailored Brands by 49.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,637 shares of the company’s stock worth $50,000 after purchasing an additional 1,206 shares during the period. Neuburgh Advisers LLC lifted its position in Tailored Brands by 17.4% during the fourth quarter. Neuburgh Advisers LLC now owns 5,600 shares of the company’s stock worth $76,000 after acquiring an additional 832 shares during the last quarter. Cerebellum GP LLC lifted its position in Tailored Brands by 14,660.4% during the fourth quarter. Cerebellum GP LLC now owns 7,823 shares of the company’s stock worth $107,000 after acquiring an additional 7,770 shares during the last quarter. Tower Research Capital LLC TRC raised its position in shares of Tailored Brands by 308.3% in the third quarter. Tower Research Capital LLC TRC now owns 4,651 shares of the company’s stock valued at $117,000 after buying an additional 3,512 shares in the last quarter. Finally, Advisory Services Network LLC acquired a new stake in shares of Tailored Brands in the fourth quarter valued at approximately $158,000.

Shares of TLRD stock traded down $0.14 during trading hours on Monday, reaching $7.84. The company had a trading volume of 1,960,210 shares, compared to its average volume of 3,413,570. The company has a quick ratio of 0.37, a current ratio of 1.91 and a debt-to-equity ratio of 317.61. The company has a market cap of $399.77 million, a P/E ratio of 3.47, a price-to-earnings-growth ratio of 0.30 and a beta of 1.77. Tailored Brands has a 1-year low of $7.62 and a 1-year high of $35.94.

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 29th. Stockholders of record on Tuesday, March 19th were issued a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 9.18%. The ex-dividend date of this dividend was Monday, March 18th. Tailored Brands’s payout ratio is 31.17%.

About Tailored Brands

Tailored Brands, Inc operates as a specialty apparel retailer the United States, Puerto Rico, and Canada. It operates through two segments, Retail and Corporate Apparel. The Retail segment offers suits, suit separates, sport coats, slacks, formalwear, business casual, denim, sportswear, outerwear, dress shirts, shoes, and accessories for men.

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