UBS Group Forecasts Strong Price Appreciation for Dillard's (NYSE:DDS) Stock

Key Points

• UBS Group has raised its price target for Dillard's (NYSE:DDS) from $170.00 to $175.00, maintaining a "sell" rating, indicating a potential downside of 65.41%.
• Other analysts have varying opinions, with JPMorgan increasing their price target to $458.00 and giving an "underweight" rating, while Telsey Advisory Group increased theirs to $550.00 with a "market perform" rating.
• Dillard's recently reported earnings of $4.66 per share, surpassing estimates, with revenues totaling $1.51 billion, showing a year-over-year increase of 1.6%.

Dillard's (NYSE:DDS - Free Report) had its price target boosted by UBS Group from $170.00 to $175.00 in a research note published on Friday,Benzinga reports. The firm currently has a sell rating on the stock.

A number of other equities analysts also recently commented on DDS. Telsey Advisory Group lifted their price objective on Dillard's from $450.00 to $550.00 and gave the stock a "market perform" rating in a research report on Friday. Wall Street Zen upgraded Dillard's from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of Dillard's from $368.00 to $458.00 and gave the company an "underweight" rating in a research report on Monday, July 28th. One analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, Dillard's presently has a consensus rating of "Sell" and a consensus target price of $394.33.

Dillard's Price Performance

Shares of DDS stock traded down $6.6170 on Friday, reaching $516.9630. 239,507 shares of the company were exchanged, compared to its average volume of 131,782. The company has a market cap of $8.09 billion, a price-to-earnings ratio of 14.26 and a beta of 1.06. Dillard's has a 1 year low of $282.24 and a 1 year high of $533.23. The business has a 50-day moving average price of $452.63 and a 200 day moving average price of $409.34. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.41.

Dillard's (NYSE:DDS - Get Free Report) last issued its quarterly earnings results on Thursday, August 14th. The company reported $4.66 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $3.79 by $0.87. Dillard's had a return on equity of 30.74% and a net margin of 8.87%.The firm had revenue of $1.51 billion for the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the company posted $11.09 earnings per share. The business's revenue was up 1.6% on a year-over-year basis. Equities research analysts forecast that Dillard's will post 33.25 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Dillard's

A number of large investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC grew its position in Dillard's by 790.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 89 shares of the company's stock worth $37,000 after purchasing an additional 79 shares during the last quarter. GAMMA Investing LLC raised its holdings in Dillard's by 220.7% during the second quarter. GAMMA Investing LLC now owns 93 shares of the company's stock worth $39,000 after purchasing an additional 64 shares in the last quarter. PNC Financial Services Group Inc. lifted its holdings in shares of Dillard's by 62.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 99 shares of the company's stock valued at $35,000 after buying an additional 38 shares during the period. BI Asset Management Fondsmaeglerselskab A S acquired a new position in shares of Dillard's during the 2nd quarter worth $55,000. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Dillard's by 110.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 139 shares of the company's stock valued at $50,000 after buying an additional 73 shares in the last quarter. 67.15% of the stock is owned by hedge funds and other institutional investors.

Dillard's Company Profile

Dillard's, Inc engages in the retail of fashion apparel, cosmetics, and home furnishings, and other consumer goods. It operates through the Retail Operations and Construction segments. The Retail Operations segment comprises sells cosmetics, ladies' apparel, ladies' accessories and lingerie, juniors' and children's apparel, men's apparel and accessories, shoes, and home and furniture products.