Dillard’s (NYSE:DDS) Announces Quarterly Earnings Results, Beats Expectations By $0.78 EPS

Dillard’s (NYSE:DDS) posted its quarterly earnings data on Sunday. The company reported $3.43 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.65 by $0.78, MarketWatch Earnings reports. Dillard’s had a negative return on equity of 4.82% and a negative net margin of 1.51%. The company had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.65 billion. During the same period in the previous year, the firm posted $2.75 EPS. Dillard’s’s revenue was down 18.3% compared to the same quarter last year.

Shares of DDS stock traded down $0.32 during trading on Tuesday, hitting $80.53. 868,385 shares of the stock traded hands, compared to its average volume of 722,751. The firm has a market capitalization of $1.77 billion, a P/E ratio of -25.73 and a beta of 0.80. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.72 and a quick ratio of 0.27. The firm’s fifty day moving average price is $74.83 and its 200-day moving average price is $50.53. Dillard’s has a 52-week low of $21.50 and a 52-week high of $128.00.

In other news, Director J C. Watts, Jr. sold 3,400 shares of Dillard’s stock in a transaction that occurred on Tuesday, December 15th. The shares were sold at an average price of $51.11, for a total transaction of $173,774.00. Following the sale, the director now owns 12,600 shares of the company’s stock, valued at approximately $643,986. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 23.40% of the stock is currently owned by insiders.

Several research analysts have recently weighed in on DDS shares. Deutsche Bank Aktiengesellschaft boosted their target price on Dillard’s from $60.00 to $80.00 in a report on Tuesday. Zacks Investment Research cut Dillard’s from a “strong-buy” rating to a “hold” rating and set a $64.00 target price on the stock. in a report on Wednesday, January 13th. Wedbush boosted their target price on Dillard’s from $46.00 to $60.00 and gave the stock a “neutral” rating in a report on Wednesday, December 23rd. TheStreet upgraded Dillard’s from a “d+” rating to a “c-” rating in a report on Wednesday, January 27th. Finally, Telsey Advisory Group restated a “market perform” rating and set a $80.00 target price (up from $54.00) on shares of Dillard’s in a report on Tuesday. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. Dillard’s presently has an average rating of “Hold” and an average target price of $58.83.

About Dillard’s

Dillard's, Inc operates as a fashion apparel, cosmetics, and home furnishing retailer in the southwest, southeast, and midwest regions of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.

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