News stories about Tailored Brands (NYSE:TLRD) have been trending somewhat positive recently, Accern Sentiment reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Tailored Brands earned a coverage optimism score of 0.21 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 47.0437823678543 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s rankings:
Several analysts have commented on TLRD shares. BidaskClub upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a report on Thursday, September 28th. ValuEngine upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating and set a $20.00 target price for the company in a report on Friday, December 1st. FBR & Co reiterated a “buy” rating and set a $16.00 target price on shares of Tailored Brands in a report on Thursday, September 21st. Finally, B. Riley reiterated a “buy” rating on shares of Tailored Brands in a report on Wednesday, November 1st. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Tailored Brands has an average rating of “Buy” and a consensus price target of $17.71.
Shares of Tailored Brands (NYSE:TLRD) opened at $22.21 on Tuesday. The firm has a market cap of $1,090.00, a P/E ratio of 16.33, a P/E/G ratio of 0.65 and a beta of 1.88. The company has a current ratio of 2.48, a quick ratio of 0.52 and a debt-to-equity ratio of -97.85. Tailored Brands has a 1 year low of $9.40 and a 1 year high of $24.11.
Tailored Brands (NYSE:TLRD) last announced its quarterly earnings results on Wednesday, December 6th. The company reported $0.75 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.21. The company had revenue of $810.80 million during the quarter, compared to the consensus estimate of $807.51 million. Tailored Brands had a net margin of 2.07% and a negative return on equity of 137.16%. The firm’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.68 earnings per share. research analysts forecast that Tailored Brands will post 2.08 EPS for the current fiscal year.
In related news, Director William B. Sechrest sold 1,286 shares of the firm’s stock in a transaction that occurred on Tuesday, December 26th. The shares were sold at an average price of $23.18, for a total transaction of $29,809.48. Following the completion of the sale, the director now owns 39,098 shares of the company’s stock, valued at $906,291.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.00% of the stock is owned by company insiders.
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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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