Analysts Expect Tailored Brands Inc (TLRD) to Announce -$0.13 EPS

Equities analysts expect Tailored Brands Inc (NYSE:TLRD) to post ($0.13) earnings per share for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Tailored Brands’ earnings, with the highest EPS estimate coming in at ($0.12) and the lowest estimate coming in at ($0.13). Tailored Brands reported earnings of ($0.19) per share during the same quarter last year, which suggests a positive year over year growth rate of 31.6%. The business is expected to report its next quarterly earnings report on Wednesday, March 14th.

On average, analysts expect that Tailored Brands will report full-year earnings of $2.08 per share for the current year. For the next fiscal year, analysts forecast that the firm will post earnings of $2.14 per share, with EPS estimates ranging from $2.13 to $2.15. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that follow Tailored Brands.

Tailored Brands (NYSE:TLRD) last announced its quarterly earnings data on Wednesday, December 6th. The company reported $0.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.21. The firm had revenue of $810.80 million during the quarter, compared to the consensus estimate of $807.51 million. Tailored Brands had a negative return on equity of 137.16% and a net margin of 2.07%. The business’s revenue for the quarter was down 4.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS.

A number of research analysts have issued reports on the company. B. Riley restated a “buy” rating on shares of Tailored Brands in a research note on Wednesday, November 1st. FBR & Co restated a “buy” rating and issued a $16.00 price objective on shares of Tailored Brands in a research note on Thursday, September 21st. BidaskClub upgraded Tailored Brands from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. Zacks Investment Research upgraded Tailored Brands from a “hold” rating to a “buy” rating and set a $20.00 price objective for the company in a research note on Friday, December 1st. Finally, ValuEngine downgraded Tailored Brands from a “buy” rating to a “hold” rating in a research note on Sunday, December 31st. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average target price of $17.71.

Tailored Brands (NYSE:TLRD) opened at $22.21 on Friday. The stock has a market capitalization of $1,090.00, a price-to-earnings ratio of 16.33, a price-to-earnings-growth ratio of 0.62 and a beta of 1.88. The company has a debt-to-equity ratio of -97.85, a current ratio of 2.48 and a quick ratio of 0.52. Tailored Brands has a 12 month low of $9.40 and a 12 month high of $24.11.

In other news, Director William B. Sechrest sold 1,286 shares of the stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $23.18, for a total transaction of $29,809.48. Following the completion of the transaction, the director now owns 39,098 shares in the company, valued at approximately $906,291.64. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.00% of the stock is currently owned by corporate insiders.

Institutional investors and hedge funds have recently modified their holdings of the stock. Piedmont Investment Advisors LLC purchased a new stake in Tailored Brands during the 2nd quarter worth about $118,000. GSA Capital Partners LLP lifted its holdings in Tailored Brands by 19.3% during the 2nd quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock worth $142,000 after purchasing an additional 2,053 shares in the last quarter. Frontier Wealth Management LLC purchased a new stake in Tailored Brands during the 2nd quarter worth about $153,000. UBS Asset Management Americas Inc. lifted its holdings in Tailored Brands by 7.4% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 14,599 shares of the company’s stock worth $163,000 after purchasing an additional 1,000 shares in the last quarter. Finally, PEAK6 Investments L.P. purchased a new stake in Tailored Brands during the 3rd quarter worth about $199,000.

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About Tailored Brands

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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Earnings History and Estimates for Tailored Brands (NYSE:TLRD)

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