Dillard's Sees Unusually High Options Volume (DDS)
Dillard's (NYSE:DDS) was the recipient of some unusual options trading activity on Wednesday. Investors bought 515 call options on the company, AnalystRatingsNetwork.com reports. This is an increase of 123% compared to the average volume of 231 call options.
Several analysts have recently commented on the stock. Analysts at Buckingham Research downgraded shares of Dillard's from a “buy” rating to a “neutral” rating in a research note on Friday, August 8th. They now have a $130.00 price target on the stock. Separately, analysts at Telsey Advisory Group raised their price target on shares of Dillard's from $110.00 to $128.00 in a research note on Tuesday, July 1st. They now have a “not rated” rating on the stock. Finally, 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. Four analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Dillard's has an average rating of “Hold” and an average target price of $113.00.
Dillard's (NYSE:DDS) traded down 3.58% on Wednesday, hitting $115.38. 1,148,757 shares of the company’s stock traded hands. Dillard's has a 52-week low of $75.60 and a 52-week high of $125.17. The stock’s 50-day moving average is $119.0 and its 200-day moving average is $102.9. The company has a market cap of $4.986 billion and a price-to-earnings ratio of 16.84.
Dillard's (NYSE:DDS) last issued its quarterly earnings data 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. Analysts expect that Dillard's will post $7.94 EPS for the current fiscal year.
Dillard’s, Inc (NYSE:DDS) is a fashion apparel, cosmetics and home furnishing retailer.
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