Dillard's PT Raised to $128.00 (DDS)
Research analysts at Telsey Advisory Group upped their price target on shares of Dillard's (NYSE:DDS) from $110.00 to $128.00 in a report released on Tuesday. The firm currently has a “not rated” rating on the stock. Telsey Advisory Group’s price target would indicate a potential upside of 9.77% from the stock’s previous close.
Shares of Dillard's (NYSE:DDS) opened at 116.61 on Tuesday. Dillard's has a 52-week low of $75.60 and a 52-week high of $119.71. The stock has a 50-day moving average of $112.2 and a 200-day moving average of $97.30. The company has a market cap of $5.040 billion and a P/E ratio of 16.41.
Dillard's (NYSE:DDS) last posted its quarterly earnings results on Thursday, May 15th. The company reported $2.56 EPS for the quarter, beating the Thomson Reuters consensus estimate of $2.41 by $0.15. The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.68 billion. On average, analysts predict that Dillard's will post $7.93 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, August 4th. Stockholders of record on Monday, June 30th will be paid a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 0.21%. The ex-dividend date is Thursday, June 26th.
A number of other analysts have also recently weighed in on DDS. Analysts at Zacks reiterated a “neutral” rating on shares of Dillard's in a research note on Monday, June 9th. They now have a $125.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Dillard's from $85.00 to $95.00 in a research note on Tuesday, May 20th. They now have a “neutral” rating on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Dillard's in a research note on Monday, May 19th. They now have a $105.00 price target on the stock, up previously from $93.00. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Dillard's has an average rating of “Hold” and an average target price of $109.31.
Dillard’s, Inc (NYSE:DDS) is a fashion apparel, cosmetics and home furnishing retailer.
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