Stock Traders Buy High Volume of Call Options on Tailored Brands (TLRD)
- Author: Zachary Reyes Jun 08, 2017,
Jun 08, 2017, 19:25
This is assuming the current $0.20 EPS is accurate. The analysts estimated sales for the higher end at 437.2 million and lower end at 418.1 million while the year ago reported sale was 474.29 million. During the same period past year, the company earned $0.29 EPS. Tailored Brands's quarterly revenue was down 4.0% compared to the same quarter a year ago. Tailored Brands updated its FY18 guidance to $1.60-1.90 EPS. About shares traded. Tailored Brands Inc (NYSE:TLRD) has declined 14.37% since June 8, 2016 and is downtrending. The company has a 50 day moving average of $11.73 and a 200-day moving average of $18.04. OMERS ADMINISTRATION Corp now owns 7,800 shares of the specialty retailer's stock valued at $552,000 after buying an additional 1,000 shares in the last quarter. Investors bought 15,062 call options on the company.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 23rd. Stockholders of record on Tuesday, June 13th will be issued a dividend of $0.18 per share. The ex-dividend date is Friday, June 9th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 6.42%. If you are accessing this article on another domain, it was stolen and republished in violation of United States & global copyright & trademark legislation.
Tailored Brands, Inc. (NYSE:TLRD), stock is trading $28.76 above the 52-week high and has displayed a high EPS growth of -26.00% in last 5 years.
Cibc World Markets Corp increased its position in L Brands Inc (NYSE:LB) by 52.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). Taking a look at historical stock price data, we have noted that over the last 52-week period the high price is 12.35.
Other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC boosted its position in shares of Tailored Brands by 25.5% in the first quarter.
BTIG downgraded Juno Therapeutics stock to "sell" from "neutral", sending JUNO shares down 4.8% to trade at $22.58. Park West Asset Management LLC boosted its stake in Tailored Brands by 139.5% in the first quarter. First Mercantile Trust Co. now owns 10,106 shares of the company's stock valued at $151,000 after buying an additional 3,626 shares during the period. Finally, Morgan Stanley boosted its stake in Tailored Brands by 9.3% in the first quarter. Louisiana State Employees Retirement System now owns 19,900 shares of the company's stock valued at $297,000 after buying an additional 300 shares during the period. Russell Investments Group Ltd. acquired a new position in shares of Tailored Brands during the fourth quarter worth approximately $343,000. Bank of Montreal Can now owns 10,205 shares of the company's stock valued at $153,000 after buying an additional 442 shares during the period.
Now the P/E of Tailored Brands, Inc. stands at 21.96.
A number of research analysts have commented on LB shares.
In terms of Buy, Sell or Hold recommendations, Tailored Brands Inc (NYSE:TLRD) has analysts' mean recommendation of 2.6. Deutsche Bank has "Hold" rating and $21 target. The stock of Tailored Brands Inc (NYSE:TLRD) has "Buy" rating given on Tuesday, August 2 by Wunderlich. TheStreet raised shares of Tailored Brands from a "d" rating to a "c" rating in a report on Wednesday, March 8th. The firm has "Buy" rating given on Friday, May 5 by Johnson Rice.
The target price for Tailored Brands, Inc.