The stock of Tailored Brands Inc (NYSE:TLRD) is a huge mover today! About 599,282 shares traded hands. Tailored Brands Inc (NYSE:TLRD) has declined 4.56% since March 7, 2016 and is downtrending. It has underperformed by 12.16% the S&P500.
The move comes after 6 months positive chart setup for the $801.68 million company. It was reported on Oct, 10 by Barchart.com. We have $26.72 PT which if reached, will make NYSE:TLRD worth $505.06 million more.
Tailored Brands Inc (NYSE:TLRD) Ratings Coverage
Out of 3 analysts covering Tailored Brands (NYSE:TLRD), 2 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 67% are positive. Tailored Brands has been the topic of 4 analyst reports since August 2, 2016 according to StockzIntelligence Inc. The company was upgraded on Thursday, September 1 by Johnson Rice. The stock has “Neutral” rating given by Mizuho on Thursday, September 8. The firm earned “Buy” rating on Tuesday, August 2 by Wunderlich. The rating was maintained by Mizuho with “Neutral” on Friday, June 10.
According to Zacks Investment Research, “Tailored Brands, Inc. is a specialty retailer of men’s suits and provider of tuxedo rental product primarily in the U.S. and Canada. The Company provide suit separates, port coats, slacks, sportswear, outerwear, dress shirts, shoes and accessories. Tailored Brands, Inc., formerly known as The Mens Wearhouse, Inc is based in Houston, Texas.”
More notable recent Tailored Brands Inc (NYSE:TLRD) news were published by: Marketwatch.com which released: “/quotes/zigman/3870025/realtime” on February 02, 2016, also Wsj.com with their article: “Tailored Brands to Close About 250 Stores” published on March 10, 2016, Marketwatch.com published: “Men’s Wearhouse to launch new holding company, Tailored Brands Inc.” on January 29, 2016. More interesting news about Tailored Brands Inc (NYSE:TLRD) were released by: Prnewswire.com and their article: “Tailored Brands Appoints Julie MacMedan Vice President Of Investor Relations” published on September 20, 2016 as well as Prnewswire.com‘s news article titled: “Tailored Brands, Inc. Reports Fiscal 2016 First Quarter Results” with publication date: June 08, 2016.
TLRD Company Profile
Tailored Brands, Inc., incorporated on October 13, 2015, is a holding firm of The Men’s Wearhouse, Inc. The Firm 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 (collectively rental product). The Firm operates through two divisions: Retail and Corporate Apparel. The Firm operates approximately 1,720 retail stores, including tuxedo shops within Macy’s department stores, with over 1,600 stores in the United States and Puerto Rico, as well as approximately 120 stores in Canada. The Company’s United States retail stores operate under Men’s Wearhouse, Men’s Wearhouse and Tux, Jos. A. Bank, Joseph Abboud and K&G brand names in over 50 states, the District of Columbia and Puerto Rico.
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