Tailored Brands Inc (TLRD) to Post Q4 2020 Earnings of ($0.15) Per Share, Jefferies Financial Group Forecasts

Tailored Brands Inc (NYSE:TLRD) – Research analysts at Jefferies Financial Group issued their Q4 2020 earnings estimates for Tailored Brands in a research report issued on Thursday, March 14th. Jefferies Financial Group analyst R. Konik expects that the company will post earnings per share of ($0.15) for the quarter.

A number of other research firms have also recently issued reports on TLRD. Zacks Investment Research cut Tailored Brands from a “hold” rating to a “sell” rating in a report on Thursday, February 21st. Deutsche Bank set a $24.00 price objective on Tailored Brands and gave the stock a “hold” rating in a report on Thursday, December 13th. B. Riley cut Tailored Brands from a “buy” rating to a “neutral” rating and cut their price objective for the stock from $20.00 to $11.00 in a report on Thursday. Finally, Citigroup started coverage on Tailored Brands in a report on Thursday, December 20th. They issued a “market weight” rating for the company. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $20.00.

TLRD opened at $8.81 on Monday. Tailored Brands has a 12-month low of $8.61 and a 12-month high of $35.94. The company has a debt-to-equity ratio of 123.20, a current ratio of 1.94 and a quick ratio of 0.39. The stock has a market capitalization of $601.15 million, a PE ratio of 4.00, a PEG ratio of 0.30 and a beta of 1.77.

Tailored Brands (NYSE:TLRD) last posted its quarterly earnings data on Wednesday, March 13th. The company reported ($0.28) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.01. Tailored Brands had a negative return on equity of 2,056.23% and a net margin of 2.31%. The firm had revenue of $785.76 million during the quarter, compared to analysts’ expectations of $801.24 million. Tailored Brands’s revenue was down 8.6% compared to the same quarter last year.

The business also recently announced a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Tuesday, March 19th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a dividend yield of 8.17%. The ex-dividend date is Monday, March 18th. Tailored Brands’s dividend payout ratio (DPR) is presently 32.73%.

In related news, EVP A Alexander Rhodes bought 3,804 shares of the stock in a transaction dated Wednesday, December 19th. The stock was bought at an average price of $13.14 per share, with a total value of $49,984.56. Following the purchase, the executive vice president now owns 60,964 shares in the company, valued at approximately $801,066.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jack Calandra bought 7,500 shares of the stock in a transaction dated Wednesday, December 19th. The stock was bought at an average cost of $13.43 per share, with a total value of $100,725.00. Following the purchase, the chief financial officer now owns 76,064 shares in the company, valued at approximately $1,021,539.52. The disclosure for this purchase can be found here. Insiders own 2.40% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans raised its position in Tailored Brands by 2.2% during the 4th quarter. Thrivent Financial for Lutherans now owns 35,912 shares of the company’s stock valued at $490,000 after purchasing an additional 789 shares during the last quarter. Neuburgh Advisers LLC raised its position in Tailored Brands by 17.4% during the 4th quarter. Neuburgh Advisers LLC now owns 5,600 shares of the company’s stock valued at $76,000 after purchasing an additional 832 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its position in Tailored Brands by 49.6% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,637 shares of the company’s stock valued at $50,000 after purchasing an additional 1,206 shares during the last quarter. Alps Advisors Inc. raised its position in Tailored Brands by 3.3% during the 4th quarter. Alps Advisors Inc. now owns 41,763 shares of the company’s stock valued at $570,000 after purchasing an additional 1,326 shares during the last quarter. Finally, Texas Permanent School Fund raised its position in Tailored Brands by 4.2% during the 4th quarter. Texas Permanent School Fund now owns 32,663 shares of the company’s stock valued at $446,000 after purchasing an additional 1,329 shares during the last quarter.

Tailored Brands Company Profile

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.

See Also: Current Ratio

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

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