Dillard’s (NYSE:DDS) Posts Earnings Results, Beats Expectations By $0.78 EPS

Posted by Doug Madison on Feb 23rd, 2021 // Comments off

Dillard’s (NYSE:DDS) posted its quarterly earnings data on Sunday. The company reported $3.43 EPS for the quarter, beating the Zacks’ consensus estimate of $2.65 by $0.78, MarketWatch Earnings reports. Dillard’s had a negative net margin of 1.51% and a negative return on equity of 4.82%. The business had revenue of $1.57 billion for the quarter, compared to analyst estimates of $1.65 billion. During the same quarter last year, the business earned $2.75 earnings per share. The business’s revenue for the quarter was down 18.3% on a year-over-year basis.

Dillard’s stock traded down $0.10 during mid-day trading on Tuesday, hitting $80.75. The company’s stock had a trading volume of 46,469 shares, compared to its average volume of 718,450. The company has a quick ratio of 0.27, a current ratio of 1.72 and a debt-to-equity ratio of 0.41. The stock has a market capitalization of $1.78 billion, a P/E ratio of -25.68 and a beta of 0.80. Dillard’s has a twelve month low of $21.50 and a twelve month high of $128.00. The stock’s fifty day moving average price is $74.83 and its two-hundred day moving average price is $50.53.

A number of research analysts recently commented on DDS shares. Wedbush raised their price objective on shares of Dillard’s from $46.00 to $60.00 and gave the company a “neutral” rating in a research note on Wednesday, December 23rd. Zacks Investment Research lowered shares of Dillard’s from a “strong-buy” rating to a “hold” rating and set a $64.00 price objective on the stock. in a research note on Wednesday, January 13th. TheStreet upgraded shares of Dillard’s from a “d+” rating to a “c-” rating in a research note on Wednesday, January 27th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Dillard’s from $60.00 to $80.00 in a research note on Tuesday. Finally, Telsey Advisory Group restated a “market perform” rating and issued a $80.00 price target (up previously from $54.00) on shares of Dillard’s in a research report on Tuesday. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and an average target price of $58.83.

In other Dillard’s news, Director J C. Watts, Jr. sold 3,400 shares of Dillard’s stock in a transaction that occurred on Tuesday, December 15th. The shares were sold at an average price of $51.11, for a total value of $173,774.00. Following the transaction, the director now owns 12,600 shares in the company, valued at $643,986. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 23.40% of the company’s stock.

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.

Dillard’s (NYSE:DDS) Posts Earnings Results, Beats Expectations By $0.78 EPS

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