Tailored Brands (NASDAQ:TLRD) Receives Daily Media Impact Rating of 0.16
News coverage about Tailored Brands (NASDAQ:TLRD) has trended somewhat positive on Sunday, Accern Sentiment Analysis reports. The research group scores the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Tailored Brands earned a news impact score of 0.16 on Accern’s scale. Accern also gave headlines about the company an impact score of 45.87169471351 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have effected Accern Sentiment’s scoring:
- A Few Positives and Negatives For Tailored Brands, Inc. (TLRD), AMC Entertainment Holdings, Inc. (AMC) – AllStockNews (allstocknews.com)
- Unusual Activity Spotted in Tailored Brands Inc (TLRD) – Evergreen Caller (evergreencaller.com)
- See what the IHS Markit Score report has to say about Tailored Brands Inc. (finance.yahoo.com)
- Tailored Brands, Inc. (TLRD): Examining the Technicals – Economic News (economicsandmoney.com)
- Here's Where 10 At-Risk Retailers Stand Now (finance.yahoo.com)
Tailored Brands (NASDAQ:TLRD) traded down 0.79% during trading on Friday, reaching $11.30. The company had a trading volume of 1,332,251 shares. The stock has a 50 day moving average price of $11.51 and a 200 day moving average price of $14.40. The firm has a market capitalization of $554.24 million and a P/E ratio of 21.73. 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 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.19 by $0.08. The company had revenue of $782.90 million during the quarter, compared to analysts’ expectations of $793.27 million. The company’s quarterly revenue was down 5.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.29 earnings per share. Analysts predict that Tailored Brands will post $1.79 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Tuesday, September 12th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 6.37%. The ex-dividend date of this dividend is Monday, September 11th.
TLRD has been the topic of a number of research reports. TheStreet upgraded Tailored Brands from a “d+” rating to a “c-” rating in a research note on Wednesday, June 7th. Deutsche Bank AG lifted their target price on Tailored Brands from $20.00 to $21.00 and gave the company a “hold” rating in a research report on Friday, May 5th. ValuEngine downgraded Tailored Brands from a “buy” rating to a “hold” rating in a research report on Saturday, June 24th. Jefferies Group LLC reiterated a “hold” rating and set a $14.00 target price on shares of Tailored Brands in a research report on Friday, May 5th. Finally, Cowen and Company lowered their target price on Tailored Brands from $23.00 to $12.00 and set a “market perform” rating on the stock in a research report on Friday, June 9th. Seven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $17.00.
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In related news, Director Dinesh S. Lathi sold 3,200 shares of the firm’s stock in a transaction dated Thursday, June 29th. The shares were sold at an average price of $10.86, for a total value of $34,752.00. Following the transaction, the director now directly owns 22,757 shares of the company’s stock, valued at approximately $247,141.02. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jack Calandra purchased 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, June 21st. The stock was bought at an average cost of $9.50 per share, for a total transaction of $95,000.00. Following the completion of the purchase, the chief financial officer now directly owns 31,026 shares in the company, 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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