Dillard’s (NYSE:DDS) Announces Quarterly Earnings Results, Beats Estimates By $0.78 EPS

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Dillard’s (NYSE:DDS) announced its quarterly earnings results on Sunday. The company reported $3.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $2.65 by $0.78, MarketWatch Earnings reports. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.65 billion. Dillard’s had a negative net margin of 1.51% and a negative return on equity of 4.82%. The business’s quarterly revenue was down 18.3% compared to the same quarter last year. During the same period last year, the firm earned $2.75 EPS.

Shares of DDS traded up $1.77 during trading on Tuesday, reaching $82.62. The company’s stock had a trading volume of 14,104 shares, compared to its average volume of 718,450. The company has a fifty day moving average of $74.83 and a two-hundred day moving average of $50.53. Dillard’s has a twelve month low of $21.50 and a twelve month high of $128.00. The company has a market cap of $1.82 billion, a price-to-earnings ratio of -26.37 and a beta of 0.80. The company has a quick ratio of 0.27, a current ratio of 1.72 and a debt-to-equity ratio of 0.41.

In other Dillard’s news, Director J C. Watts, Jr. sold 3,400 shares of the stock in a transaction on Tuesday, December 15th. The stock was sold at an average price of $51.11, for a total value of $173,774.00. Following the sale, the director now directly owns 12,600 shares of the company’s stock, valued at $643,986. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 23.40% of the company’s stock.

A number of equities research analysts have recently weighed in on the stock. Zacks Investment Research lowered shares of Dillard’s from a “strong-buy” rating to a “hold” rating and set a $64.00 target price on the stock. in a research note on Wednesday, January 13th. Deutsche Bank Aktiengesellschaft raised shares of Dillard’s from a “sell” rating to a “hold” rating and upped their target price for the company from $31.00 to $60.00 in a report on Thursday, January 21st. Wedbush upped their target price on shares of Dillard’s from $46.00 to $60.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 23rd. JPMorgan Chase & Co. increased their price objective on shares of Dillard’s from $42.00 to $49.00 and gave the company an “underweight” rating in a research report on Tuesday, February 16th. Finally, Telsey Advisory Group upped their price objective on shares of Dillard’s from $54.00 to $80.00 and gave the stock a “market perform” rating in a research note on Tuesday. Two analysts have rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Dillard’s currently has an average rating of “Hold” and an average price target of $55.50.

About Dillard’s

Dillard's, Inc operates as a fashion apparel, cosmetics, and home furnishing retailer in the southwest, southeast, and midwest regions of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; accessories; cosmetics; home furnishings; and other consumer goods.

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Earnings History for Dillard`s (NYSE:DDS)

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