Tailored Brands (NYSE:TLRD) was downgraded by equities researchers at ValuEngine from a “buy” rating to a “hold” rating in a note issued to investors on Sunday.

Several other research analysts have also recently weighed in on TLRD. FBR & Co reiterated a “buy” rating and set a $16.00 price objective on shares of Tailored Brands in a research report on Tuesday, September 5th. Jefferies Group reiterated a “hold” rating and set a $13.00 price objective (up previously from $12.00) on shares of Tailored Brands in a research report on Friday, September 8th. Zacks Investment Research upgraded Tailored Brands from a “hold” rating to a “strong-buy” rating and set a $14.00 price objective on the stock in a research report on Tuesday, September 12th. BidaskClub upgraded Tailored Brands from a “hold” rating to a “buy” rating in a research report on Friday, September 15th. Finally, B. Riley reiterated a “buy” rating on shares of Tailored Brands in a research report on Wednesday, November 1st. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $17.71.

Tailored Brands (TLRD) traded down $0.09 during mid-day trading on Friday, reaching $21.83. The company’s stock had a trading volume of 846,221 shares, compared to its average volume of 1,760,000. The company has a quick ratio of 0.52, a current ratio of 2.48 and a debt-to-equity ratio of -97.85. The company has a market cap of $1,080.00, a PE ratio of 16.05, a price-to-earnings-growth ratio of 0.64 and a beta of 1.89. Tailored Brands has a 1 year low of $9.40 and a 1 year high of $26.20.

Tailored Brands (NYSE:TLRD) last posted its quarterly earnings data on Wednesday, December 6th. The company reported $0.75 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.21. The firm had revenue of $810.80 million for the quarter, compared to analysts’ expectations of $807.51 million. Tailored Brands had a negative return on equity of 137.16% and a net margin of 2.07%. The company’s quarterly revenue was down 4.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.68 EPS. equities research analysts expect that Tailored Brands will post 2.08 earnings per share for the current fiscal year.

In related news, Director William B. Sechrest sold 1,286 shares of the firm’s stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $23.18, for a total value of $29,809.48. Following the transaction, the director now owns 39,098 shares in the company, valued at $906,291.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 2.00% of the stock is currently owned by company insiders.

Hedge funds and other institutional investors have recently modified their holdings of the stock. Piedmont Investment Advisors LLC bought a new position in shares of Tailored Brands in the second quarter worth $118,000. Municipal Employees Retirement System of Michigan increased its position in shares of Tailored Brands by 4.0% in the second quarter. Municipal Employees Retirement System of Michigan now owns 11,590 shares of the company’s stock worth $129,000 after purchasing an additional 450 shares during the period. GSA Capital Partners LLP grew its position in Tailored Brands by 19.3% in the second quarter. GSA Capital Partners LLP now owns 12,700 shares of the company’s stock valued at $142,000 after acquiring an additional 2,053 shares during the last quarter. Frontier Wealth Management LLC bought a new position in Tailored Brands in the second quarter valued at about $153,000. Finally, PEAK6 Investments L.P. bought a new position in Tailored Brands in the third quarter valued at about $199,000.

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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.

Analyst Recommendations for Tailored Brands (NYSE:TLRD)

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