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Tailored Brands (TLRD) Soars: Stock Adds 13.5% in Session

Zacks Equity Research
Updated

Tailored Brands, Inc. TLRD was a big mover last session, as the company saw its shares rise more than 13% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 29.6% in the past one-month time frame.

The move came after the company reported better-than-expected fiscal third-quarter 2017 (ended Oct 28, 2017) results.

The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Tailored Brands currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

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Tailored Brands, Inc. Price

Tailored Brands, Inc. Price | Tailored Brands, Inc. Quote

Investors interested in the Textile - Apparel industry may consider G-III Apparel Group, LTD.GIII, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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