Shares of Tailored Brands Inc (NYSE:TLRD) gapped up prior to trading on Monday . The stock had previously closed at $4.15, but opened at $4.06. Tailored Brands shares last traded at $3.93, with a volume of 1,920,992 shares changing hands.

TLRD has been the subject of a number of recent research reports. ValuEngine upgraded shares of Tailored Brands from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd. B. Riley increased their price objective on shares of Tailored Brands from $5.00 to $6.00 and gave the company a “neutral” rating in a research note on Thursday, September 12th. Finally, Zacks Investment Research lowered shares of Tailored Brands from a “hold” rating to a “sell” rating in a report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of $15.00.

The company’s fifty day moving average price is $4.71 and its two-hundred day moving average price is $5.88. The company has a current ratio of 1.46, a quick ratio of 0.22 and a debt-to-equity ratio of 418.48. The firm has a market cap of $205.61 million, a P/E ratio of 1.80 and a beta of 1.79.

Tailored Brands (NYSE:TLRD) last posted its earnings results on Wednesday, September 11th. The company reported $0.82 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.74 by $0.08. Tailored Brands had a net margin of 1.94% and a return on equity of 2,629.06%. The business had revenue of $789.50 million for the quarter, compared to analyst estimates of $788.98 million. During the same quarter in the prior year, the firm earned $1.07 EPS. The firm’s quarterly revenue was down 4.1% compared to the same quarter last year. On average, analysts predict that Tailored Brands Inc will post 1.1 EPS for the current fiscal year.

In other news, insider Carrie Ann Ask bought 17,000 shares of the stock in a transaction dated Thursday, October 10th. The shares were acquired at an average price of $3.78 per share, with a total value of $64,260.00. Following the acquisition, the insider now owns 37,099 shares in the company, valued at $140,234.22. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Dinesh S. Lathi bought 10,000 shares of the stock in a transaction dated Monday, September 16th. The stock was purchased at an average cost of $4.92 per share, for a total transaction of $49,200.00. Following the acquisition, the chief executive officer now owns 46,267 shares in the company, valued at approximately $227,633.64. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 69,369 shares of company stock worth $291,598. 2.60% of the stock is owned by insiders.

Institutional investors and hedge funds have recently bought and sold shares of the company. Meridian Wealth Management LLC bought a new stake in Tailored Brands during the 1st quarter worth about $33,000. Neuburgh Advisers LLC grew its holdings in Tailored Brands by 83.4% during the 2nd quarter. Neuburgh Advisers LLC now owns 10,272 shares of the company’s stock worth $59,000 after acquiring an additional 4,672 shares during the last quarter. First Allied Advisory Services Inc. bought a new stake in Tailored Brands during the 2nd quarter worth about $61,000. Tower Research Capital LLC TRC grew its holdings in Tailored Brands by 311.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 11,383 shares of the company’s stock worth $66,000 after acquiring an additional 8,618 shares during the last quarter. Finally, Norman Fields Gottscho Capital Management LLC bought a new stake in Tailored Brands during the 3rd quarter worth about $66,000. 99.22% of the stock is currently owned by institutional investors and hedge funds.

About Tailored Brands (NYSE:TLRD)

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.

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