Tailored Brands (TLRD) Receives Daily Media Impact Score of 0.20
Press coverage about Tailored Brands (NASDAQ:TLRD) has trended somewhat positive on Monday, according to Accern. The research group identifies positive and negative news coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Tailored Brands earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.6524665241287 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
- Is Tailored Brands Inc (TLRD) Headed in the Right Direction? – Wall Street Review (thewallstreetreview.com)
- Tailored Brands Inc (TLRD) Shares Moving On Volume – Sheridan Daily (sheridandaily.com)
- Tailored Brands Inc (TLRD) Shares Needle Moving 0.81% – Stock Press Daily (stockpressdaily.com)
- Comparing Destination XL Group (DXLG) & Tailored Brands (NASDAQ:TLRD) (americanbankingnews.com)
- Is Tailored Brands Inc (TLRD) Headed Towards a Reversal? STC In Focus – Evergreen Caller (evergreencaller.com)
Tailored Brands (NASDAQ:TLRD) traded up 1.83% during trading on Monday, reaching $12.83. 2,201,579 shares of the company’s stock were exchanged. The company has a market capitalization of $629.29 million and a price-to-earnings ratio of 24.86. The stock’s 50-day moving average price is $11.18 and its 200-day moving average price is $14.77. Tailored Brands has a 52-week low of $9.40 and a 52-week high of $28.76.
Tailored Brands (NASDAQ:TLRD) last issued its quarterly earnings results on Friday, June 9th. The company reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.08. The business had revenue of $782.90 million for the quarter, compared to analyst estimates of $793.27 million. The firm’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same quarter last year, the firm earned $0.29 earnings per share. Equities analysts expect that Tailored Brands will post $1.79 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 22nd. Stockholders of record on Tuesday, September 12th will be given a dividend of $0.18 per share. This represents a $0.72 dividend on an annualized basis and a dividend yield of 5.61%. The ex-dividend date of this dividend is Monday, September 11th.
A number of analysts have recently issued reports on the stock. FBR & Co reiterated an “outperform” rating and set a $16.00 price objective on shares of Tailored Brands in a research note on Tuesday, July 11th. ValuEngine downgraded shares of Tailored Brands from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Cowen and Company decreased their price target on shares of Tailored Brands from $23.00 to $12.00 and set a “market perform” rating for the company in a research report on Friday, June 9th. TheStreet raised shares of Tailored Brands from a “d+” rating to a “c-” rating in a research report on Wednesday, June 7th. Finally, Wunderlich set a $24.00 price target on shares of Tailored Brands and gave the stock a “buy” rating in a research report on Thursday, June 8th. Six investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Tailored Brands presently has a consensus rating of “Hold” and a consensus target price of $17.00.
In other news, Director Dinesh S. Lathi sold 3,200 shares of the business’s stock in a transaction that occurred on Thursday, June 29th. The stock was sold at an average price of $10.86, for a total transaction of $34,752.00. Following the sale, the director now directly owns 22,757 shares in the company, valued at $247,141.02. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Jack Calandra acquired 10,000 shares of the stock in a transaction dated Wednesday, June 21st. The shares were purchased at an average price of $9.50 per share, for a total transaction of $95,000.00. Following the completion of the transaction, the chief financial officer now owns 31,026 shares of the company’s stock, valued at approximately $294,747. The disclosure for this purchase can be found here.
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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