Tailored Brands (NYSE:TLRD) updated its fourth quarter earnings guidance on Monday. The company provided earnings per share guidance of ($0.34-0.29) for the period, compared to the Thomson Reuters consensus earnings per share estimate of ($0.26).

A number of brokerages have commented on TLRD. B. Riley began coverage on shares of Tailored Brands in a research note on Tuesday, December 18th. They issued a buy rating and a $20.00 price objective for the company. Zacks Investment Research cut shares of Tailored Brands from a buy rating to a hold rating in a research note on Wednesday, October 31st. ValuEngine cut shares of Tailored Brands from a hold rating to a sell rating in a research note on Tuesday, October 2nd. Citigroup began coverage on shares of Tailored Brands in a research note on Thursday, December 20th. They issued a market weight rating for the company. Finally, Deutsche Bank set a $24.00 price objective on shares of Tailored Brands and gave the stock a hold rating in a research note on Thursday, December 13th. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the company. The stock currently has an average rating of Hold and a consensus target price of $23.00.

TLRD stock opened at $14.68 on Monday. Tailored Brands has a 12 month low of $12.53 and a 12 month high of $35.94. The company has a debt-to-equity ratio of 123.20, a current ratio of 1.94 and a quick ratio of 0.39. The stock has a market cap of $741.92 million, a P/E ratio of 6.67, a PEG ratio of 0.40 and a beta of 2.03.

Tailored Brands (NYSE:TLRD) last released its quarterly earnings results on Wednesday, December 12th. The company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.07. Tailored Brands had a net margin of 2.31% and a negative return on equity of 2,056.23%. The firm had revenue of $812.70 million during the quarter, compared to analysts’ expectations of $819.50 million. During the same period in the previous year, the company earned $0.72 EPS. The firm’s revenue for the quarter was up .2% compared to the same quarter last year. As a group, research analysts expect that Tailored Brands will post 2.33 earnings per share for the current year.

In related news, EVP A Alexander Rhodes acquired 3,804 shares of the firm’s stock in a transaction that occurred on Wednesday, December 19th. The stock was bought at an average price of $13.14 per share, for a total transaction of $49,984.56. Following the acquisition, the executive vice president now directly owns 60,964 shares of the company’s stock, valued at approximately $801,066.96. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Jack Calandra acquired 7,500 shares of the firm’s stock in a transaction that occurred on Wednesday, December 19th. The shares were bought at an average price of $13.43 per share, with a total value of $100,725.00. Following the acquisition, the chief financial officer now directly owns 76,064 shares in the company, valued at $1,021,539.52. The disclosure for this purchase can be found here. 2.40% of the stock is currently owned by insiders.

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About Tailored Brands

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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Earnings History and Estimates for Tailored Brands (NYSE:TLRD)

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