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Men’s Wearhouse (NYSE:MW) was downgraded by Johnson Rice from an “overweight” rating to an “equal weight” rating in a research note issued on Tuesday, Analyst Ratings reports.

Men’s Wearhouse (NYSE:MW) opened at 44.07 on Tuesday. Men’s Wearhouse has a one year low of $27.47 and a one year high of $52.72. The stock has a 50-day moving average of $48.62 and a 200-day moving average of $44.08. The company has a market cap of $2.092 billion and a P/E ratio of 20.01.

Men’s Wearhouse (NYSE:MW) last posted its quarterly earnings results on Wednesday, December 11th. The company reported $0.90 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.86 by $0.04. The company had revenue of $648.90 million for the quarter, compared to the consensus estimate of $627.14 million. During the same quarter in the prior year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 2.8% on a year-over-year basis. Analysts expect that Men’s Wearhouse will post $2.47 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, March 28th. Stockholders of record on Tuesday, March 18th will be paid a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a dividend yield of 1.63%. The ex-dividend date is Friday, March 14th.

Separately, analysts at Thomson Reuters/Verus downgraded shares of Men’s Wearhouse from a “hold” rating to a “sell” rating in a research note on Monday, December 16th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $44.60.

The Men’s Wearhouse, Inc is a specialty retailer of men’s suits and a provider of tuxedo rental product in the United States and Canada.

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