ValuEngine cut shares of Tailored Brands (NYSE:TLRD) from a buy rating to a hold rating in a research report released on Sunday.

Other equities analysts also recently issued reports about the company. B. Riley reaffirmed a buy rating on shares of Tailored Brands in a research note on Wednesday, November 1st. FBR & Co reiterated a buy rating and set a $16.00 target price on shares of Tailored Brands in a report on Thursday, September 21st. Zacks Investment Research upgraded Tailored Brands from a hold rating to a strong-buy rating and set a $14.00 target price on the stock in a report on Tuesday, September 12th. Jefferies Group reiterated a hold rating and set a $13.00 target price (up previously from $12.00) on shares of Tailored Brands in a report on Friday, September 8th. Finally, BidaskClub upgraded Tailored Brands from a hold rating to a buy rating in a report on Friday, September 15th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The company has an average rating of Buy and an average price target of $17.71.

Tailored Brands (TLRD) traded down $0.49 during midday trading on Friday, reaching $21.37. The company had a trading volume of 1,916,953 shares, compared to its average volume of 1,560,484. Tailored Brands has a 12-month low of $9.40 and a 12-month high of $24.11. The stock has a market cap of $1,050.00, a P/E ratio of 15.71, a P/E/G ratio of 0.66 and a beta of 1.88. The company has a quick ratio of 0.52, a current ratio of 2.48 and a debt-to-equity ratio of -97.85.

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

In other Tailored Brands news, Director William B. Sechrest sold 1,286 shares of the stock in a transaction on Tuesday, December 26th. The stock was sold at an average price of $23.18, for a total transaction of $29,809.48. Following the sale, the director now owns 39,098 shares in the company, valued at approximately $906,291.64. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.00% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Tailored Brands by 19.5% during the second quarter. Vanguard Group Inc. now owns 10,862,375 shares of the company’s stock worth $121,225,000 after purchasing an additional 1,770,480 shares during the last quarter. Capital World Investors boosted its holdings in shares of Tailored Brands by 6.3% during the second quarter. Capital World Investors now owns 3,741,000 shares of the company’s stock worth $41,750,000 after purchasing an additional 222,000 shares during the last quarter. State Street Corp boosted its holdings in shares of Tailored Brands by 12.1% during the second quarter. State Street Corp now owns 1,609,301 shares of the company’s stock worth $17,960,000 after purchasing an additional 173,842 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in shares of Tailored Brands by 102.6% during the second quarter. JPMorgan Chase & Co. now owns 1,165,214 shares of the company’s stock worth $13,004,000 after purchasing an additional 590,036 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in shares of Tailored Brands by 1.2% during the second quarter. Northern Trust Corp now owns 609,408 shares of the company’s stock worth $6,801,000 after purchasing an additional 7,291 shares during the last quarter.

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About Tailored Brands

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.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Tailored Brands (NYSE:TLRD)

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