Tailored Brands (TLRD) Updates FY18 Earnings Guidance

Tailored Brands (NYSE:TLRD) updated its FY18 earnings guidance on Wednesday. The company provided earnings per share guidance of $2.03-2.08 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.84.

Several analysts recently commented on the company. Zacks Investment Research upgraded Tailored Brands from a hold rating to a buy rating and set a $20.00 target price on the stock in a report on Friday, December 1st. BidaskClub upgraded Tailored Brands from a hold rating to a buy rating in a report on Wednesday, October 25th. B. Riley reiterated a buy rating on shares of Tailored Brands in a report on Wednesday, November 1st. ValuEngine upgraded Tailored Brands from a hold rating to a buy rating in a report on Monday, October 2nd. Finally, FBR & Co reiterated a buy rating and issued a $16.00 target price on shares of Tailored Brands in a report on Thursday, September 21st. Four research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Tailored Brands currently has an average rating of Buy and a consensus target price of $17.71.

Tailored Brands (TLRD) opened at $17.19 on Thursday. The stock has a market capitalization of $845.67, a P/E ratio of 8.90, a price-to-earnings-growth ratio of 0.56 and a beta of 1.89. Tailored Brands has a twelve month low of $9.40 and a twelve month high of $28.76. The company has a current ratio of 2.74, a quick ratio of 0.56 and a debt-to-equity ratio of -32.83.

Tailored Brands (NYSE:TLRD) last posted its quarterly earnings results on Thursday, September 7th. The company reported $1.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.88 by $0.26. The firm had revenue of $851.00 million for the quarter, compared to analysts’ expectations of $868.22 million. Tailored Brands had a negative return on equity of 108.13% and a net margin of 1.79%. The company’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.99 EPS. sell-side analysts anticipate that Tailored Brands will post 1.84 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 22nd. Shareholders of record on Tuesday, December 12th will be issued a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date of this dividend is Monday, December 11th. Tailored Brands’s payout ratio is 60.50%.

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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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