Dillard’s (NYSE:DDS) had its price objective cut by Deutsche Bank from $49.00 to $36.00 in a research note issued to investors on Monday, BenzingaRatingsTable reports. They currently have a sell rating on the stock.
A number of other equities analysts also recently commented on the stock. JPMorgan Chase & Co. reduced their target price on shares of Dillard’s from $54.00 to $37.00 and set an underweight rating for the company in a report on Friday, August 16th. TheStreet downgraded shares of Dillard’s from a b rating to a c rating in a report on Thursday, May 16th. ValuEngine downgraded shares of Dillard’s from a hold rating to a sell rating in a report on Friday, August 16th. Wedbush reiterated a neutral rating and issued a $56.00 target price (down from $62.00) on shares of Dillard’s in a report on Wednesday, August 14th. Finally, Zacks Investment Research upgraded shares of Dillard’s from a sell rating to a hold rating in a report on Friday, May 17th. Four investment analysts have rated the stock with a sell rating and three have assigned a hold rating to the stock. The company has an average rating of Sell and a consensus price target of $54.33.
Shares of Dillard’s stock opened at $56.20 on Monday. The company has a market capitalization of $1.46 billion, a PE ratio of 9.18, a P/E/G ratio of 1.62 and a beta of 1.03. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.26 and a current ratio of 1.86. The company has a 50-day simple moving average of $66.57 and a two-hundred day simple moving average of $66.54. Dillard’s has a one year low of $47.95 and a one year high of $86.71.
Dillard’s (NYSE:DDS) last announced its earnings results on Thursday, August 15th. The company reported ($1.74) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.77) by ($0.97). The firm had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.48 billion. Dillard’s had a return on equity of 7.23% and a net margin of 2.04%. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.10) earnings per share. On average, equities analysts predict that Dillard’s will post 3.55 earnings per share for the current fiscal year.
In other news, VP Tony J. Bolte sold 2,400 shares of the company’s stock in a transaction dated Wednesday, July 17th. The shares were sold at an average price of $64.46, for a total transaction of $154,704.00. Following the transaction, the vice president now owns 1,840 shares in the company, valued at $118,606.40. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 20.10% of the company’s stock.
Institutional investors and hedge funds have recently bought and sold shares of the company. Signaturefd LLC increased its holdings in shares of Dillard’s by 153.5% during the second quarter. Signaturefd LLC now owns 431 shares of the company’s stock valued at $27,000 after acquiring an additional 261 shares in the last quarter. Point72 Hong Kong Ltd increased its holdings in shares of Dillard’s by 22.0% during the second quarter. Point72 Hong Kong Ltd now owns 1,199 shares of the company’s stock valued at $75,000 after acquiring an additional 216 shares in the last quarter. Investors Research Corp acquired a new position in shares of Dillard’s during the first quarter valued at about $79,000. NumerixS Investment Technologies Inc acquired a new position in shares of Dillard’s during the first quarter valued at about $86,000. Finally, Ladenburg Thalmann Financial Services Inc. boosted its position in Dillard’s by 50.5% in the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,672 shares of the company’s stock valued at $167,000 after buying an additional 897 shares during the last quarter. Hedge funds and other institutional investors own 89.65% of the company’s stock.
Dillard's, Inc operates retail department stores primarily in the Southeastern, Southwestern, and Midwestern areas of the United States. The company's stores offer a selection of merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.
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