Tailored Brands Inc (NYSE:TLRD) hit a new 52-week low on Wednesday . The stock traded as low as $7.65 and last traded at $7.67, with a volume of 2461980 shares traded. The stock had previously closed at $8.07.

Several equities research analysts have weighed in on the company. B. Riley started coverage on Tailored Brands in a report on Tuesday, December 18th. They issued a “buy” rating and a $20.00 target price for the company. Zacks Investment Research upgraded Tailored Brands from a “sell” rating to a “hold” rating in a research note on Thursday, February 14th. Deutsche Bank set a $24.00 price objective on Tailored Brands and gave the stock a “hold” rating in a research note on Thursday, December 13th. Finally, Citigroup started coverage on Tailored Brands in a research note on Thursday, December 20th. They set a “market weight” rating for the company. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company. Tailored Brands has a consensus rating of “Hold” and an average target price of $20.00.

The company has a debt-to-equity ratio of 317.61, a current ratio of 1.91 and a quick ratio of 0.37. The company has a market capitalization of $404.31 million, a price-to-earnings ratio of 3.41, a price-to-earnings-growth ratio of 0.30 and a beta of 1.77.

Tailored Brands (NYSE:TLRD) last issued its quarterly earnings data on Wednesday, March 13th. The company reported ($0.28) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.29) by $0.01. Tailored Brands had a negative return on equity of 1,944.45% and a net margin of 2.57%. The firm had revenue of $785.76 million during the quarter, compared to analysts’ expectations of $801.24 million. Tailored Brands’s revenue for the quarter was down 8.6% compared to the same quarter last year. As a group, analysts forecast that Tailored Brands Inc will post 1.67 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 29th. Shareholders of record on Tuesday, March 19th will be paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 9.14%. The ex-dividend date is Monday, March 18th. Tailored Brands’s dividend payout ratio (DPR) is presently 31.17%.

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its stake in Tailored Brands by 7.8% in the third quarter. Vanguard Group Inc. now owns 11,419,406 shares of the company’s stock valued at $287,654,000 after buying an additional 826,922 shares during the last quarter. Vanguard Group Inc increased its holdings in shares of Tailored Brands by 7.8% in the third quarter. Vanguard Group Inc now owns 11,419,406 shares of the company’s stock valued at $287,654,000 after purchasing an additional 826,922 shares during the period. BlackRock Inc. increased its holdings in shares of Tailored Brands by 0.5% in the fourth quarter. BlackRock Inc. now owns 7,127,298 shares of the company’s stock valued at $97,216,000 after purchasing an additional 36,126 shares during the period. Capital World Investors increased its holdings in shares of Tailored Brands by 27.7% in the third quarter. Capital World Investors now owns 4,456,850 shares of the company’s stock valued at $112,268,000 after purchasing an additional 968,000 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of Tailored Brands by 3.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,233,858 shares of the company’s stock valued at $16,831,000 after purchasing an additional 45,217 shares during the period.

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Tailored Brands Company Profile (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.

See Also: 52-Week High/Low

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