Jos. A. Bank Clothiers Inc. Hits New 52-Week High at $50.24 (JOSB)
Shares of Jos. A. Bank Clothiers (NASDAQ:JOSB) hit a new 52-week high during mid-day trading on Monday, American Banking News reports. The stock traded as high as $50.24 and last traded at $50.11, with a volume of 728,055 shares trading hands. The stock had previously closed at $49.42.
A number of research firms have recently commented on JOSB. Analysts at Avondale Partners upgraded shares of Jos. A. Bank Clothiers from an “underperform” rating to a “market perform” rating in a research note to investors on Monday. Separately, analysts at Johnson Rice upgraded shares of Jos. A. Bank Clothiers from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, October 14th. Finally, analysts at TheStreet upgraded shares of Jos. A. Bank Clothiers from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, September 24th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company’s stock. Jos. A. Bank Clothiers has a consensus rating of “Hold” and an average target price of $38.80.
Jos. A. Bank Clothiers has a one year low of $37.31 and a one year high of $50.24. The stock has a 50-day moving average of $44.19 and a 200-day moving average of $42.72. The company has a market cap of $1.402 billion and a P/E ratio of 21.68.
Jos. A. Bank Clothiers (NASDAQ:JOSB) last posted its quarterly earnings results on Thursday, September 5th. The company reported $0.51 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.52 by $0.01. The company had revenue of $232.50 million for the quarter, compared to the consensus estimate of $233.25 million. During the same quarter last year, the company posted $0.83 earnings per share. Jos. A. Bank Clothiers’s revenue was down 10.7% compared to the same quarter last year. On average, analysts predict that Jos. A. Bank Clothiers will post $2.64 earnings per share for the current fiscal year.
Jos. A. Bank Clothiers, Inc (NASDAQ:JOSB) is a designer, manufacturer, retailer and direct marketer (through stores, catalog call center and Internet) of men’s tailored and casual clothing and accessories and is a retailer of tuxedo rental products.
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