Jos. A. Bank Clothiers Stock Rating Lowered by EVA Dimensions LLC (JOSB)
Jos. A. Bank Clothiers (NASDAQ:JOSB) was downgraded by equities researchers at EVA Dimensions LLC from a “hold” rating to an “underweight” rating in a research report issued on Tuesday, Analyst Ratings Network reports.
Separately, analysts at Johnson Rice downgraded shares of Jos. A. Bank Clothiers from an “overweight” rating to an “equal weight” rating in a research note on Tuesday, January 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $49.80.
Jos. A. Bank Clothiers (NASDAQ:JOSB) traded down 1.08% during mid-day trading on Tuesday, hitting $59.39. 725,024 shares of the company’s stock traded hands. Jos. A. Bank Clothiers has a one year low of $38.36 and a one year high of $60.14. The stock has a 50-day moving average of $55.26 and a 200-day moving average of $49.8. The company has a market cap of $1.662 billion and a P/E ratio of 26.23. Jos. A. Bank Clothiers also was the recipient of unusually large options trading activity on Monday. Stock investors bought 6,335 put options on the company. This is an increase of approximately 217% compared to the typical daily volume of 1,996 put options.
Jos. A. Bank Clothiers (NASDAQ:JOSB) last posted its quarterly earnings results on Thursday, December 5th. The company reported $0.49 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.49. The company had revenue of $247.50 million for the quarter, compared to the consensus estimate of $244.99 million. During the same quarter in the previous year, the company posted $0.47 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. Analysts expect that Jos. A. Bank Clothiers will post $2.65 EPS 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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