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Dillard's (DDS) closed at $255.47 in the latest trading session, marking a -1.34% move from the prior day. This change lagged the S&P 500's 0.54% loss on the day. Meanwhile, the Dow lost 0.02%, and the Nasdaq, a tech-heavy index, lost 0.12%.
Prior to today's trading, shares of the department store operator had gained 1.8% over the past month. This has outpaced the Retail-Wholesale sector's loss of 12.57% and the S&P 500's loss of 7.87% in that time.
Dillard's will be looking to display strength as it nears its next earnings release. On that day, Dillard's is projected to report earnings of $8.75 per share, which would represent year-over-year growth of 155.1%. Meanwhile, our latest consensus estimate is calling for revenue of $2.02 billion, up 28.38% from the prior-year quarter.
For the full year, our Zacks Consensus Estimates are projecting earnings of $31.91 per share and revenue of $6.49 billion, which would represent changes of +1268.86% and +50.83%, respectively, from the prior year.
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. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Dillard's currently has a Zacks Rank of #3 (Hold).
Investors should also note Dillard's's current valuation metrics, including its Forward P/E ratio of 8.12. This represents a no noticeable deviation compared to its industry's average Forward P/E of 8.12.
Meanwhile, DDS's PEG ratio is currently 0.55. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Retail - Regional Department Stores was holding an average PEG ratio of 0.55 at yesterday's closing price.
The Retail - Regional Department Stores industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 11, which puts it in the top 5% of all 250+ industries.