Jos. A. Bank Clothiers (NASDAQ:JOSB) was upgraded by equities research analysts at Avondale Partners from an “underperform” rating to a “market perform” rating in a research note issued to investors on Monday, TheFlyOnTheWall.com reports.
A number of other firms have also recently commented on JOSB. Analysts at Johnson Rice upgraded shares of Jos. A. Bank Clothiers from an “equal weight” rating to an “overweight” rating in a research note to investors on Monday, October 14th. Analysts at TheStreet upgraded shares of Jos. A. Bank Clothiers from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, September 24th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $38.80.
Jos. A. Bank Clothiers (NASDAQ:JOSB) opened at 49.344 on Monday. Jos. A. Bank Clothiers has a 52 week low of $37.31 and a 52 week high of $49.95. The stock has a 50-day moving average of $43.90 and a 200-day moving average of $42.63. The company has a market cap of $1.381 billion and a price-to-earnings ratio of 21.68.
Jos. A. Bank Clothiers (NASDAQ:JOSB) last posted its quarterly earnings results on Thursday, September 5th. The company reported $0.51 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.52 by $0.01. The company had revenue of $232.50 million for the quarter, compared to the consensus estimate of $233.25 million. During the same quarter last year, the company posted $0.83 earnings per share. Jos. A. Bank Clothiers’s revenue was down 10.7% compared to the same quarter last year. On average, analysts predict that Jos. A. Bank Clothiers will post $2.64 earnings per share 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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