Dillard’s (DDS) closed at $377.71 in the latest trading session, marking a +1.08% move from the prior day. The stock outpaced the S&P 500’s daily loss of 0.2%. Elsewhere, the Dow lost 1.14%, while the tech-heavy Nasdaq added 1.39%.
Heading into today, shares of the department store operator had gained 23.78% over the past month, outpacing the Retail-Wholesale sector’s gain of 8.12% and the S&P 500’s gain of 4.01% in that time.
Investors will be hoping for strength from Dillard’s as it approaches its next earnings release. The company is expected to report EPS of $8.85, down 43.56% from the prior-year quarter. Meanwhile, our latest consensus estimate is calling for revenue of $2.12 billion, up 0.31% from the prior-year quarter.
DDS’s full-year Zacks Consensus Estimates are calling for earnings of $41.85 per share and revenue of $6.89 billion. These results would represent year-over-year changes of +4.49% and +6.04%, respectively.
Investors might also notice recent changes to analyst estimates for Dillard’s. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.03% lower within the past month. Dillard’s is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Dillard’s has a Forward P/E ratio of 8.93 right now. Its industry sports an average Forward P/E of 8.93, so we one might conclude that Dillard’s is trading at a no noticeable deviation comparatively.
The Retail – Regional Department Stores industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 95, putting it in the top 38% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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