UBS Group Issues Positive Forecast for Dillard's (NYSE:DDS) Stock Price

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 objective raised by UBS Group from $170.00 to $175.00 in a report published on Friday morning,Benzinga reports. UBS Group currently has a sell rating on the stock.

Other equities research analysts also recently issued research reports about the company. Wall Street Zen raised Dillard's from a "hold" rating to a "buy" rating in a report on Saturday, August 2nd. JPMorgan Chase & Co. lifted their target price on Dillard's from $368.00 to $458.00 and gave the stock an "underweight" rating in a report on Monday, July 28th. Finally, Telsey Advisory Group lifted their target price on Dillard's from $450.00 to $550.00 and gave the stock a "market perform" rating in a report on Friday, August 15th. One analyst has rated the stock with a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of "Sell" and a consensus price target of $394.33.

Dillard's Stock Performance

Shares of DDS traded down $21.9950 during midday trading on Friday, reaching $497.2450. 101,331 shares of the stock were exchanged, compared to its average volume of 143,179. Dillard's has a twelve month low of $282.24 and a twelve month high of $533.23. The company has a quick ratio of 1.13, a current ratio of 2.41 and a debt-to-equity ratio of 0.28. The company has a market cap of $7.78 billion, a P/E ratio of 13.71 and a beta of 1.06. The stock's 50 day simple moving average is $452.63 and its 200 day simple moving average is $409.34.

Dillard's (NYSE:DDS - Get Free Report) last posted its earnings results on Thursday, August 14th. The company reported $4.66 earnings per share 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 company had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the firm earned $11.09 earnings per share. The company's revenue was up 1.6% on a year-over-year basis. On average, sell-side analysts expect that Dillard's will post 33.25 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DDS. JPMorgan Chase & Co. grew its position in Dillard's by 37.6% in the fourth quarter. JPMorgan Chase & Co. now owns 10,256 shares of the company's stock valued at $4,428,000 after acquiring an additional 2,801 shares during the last quarter. Wells Fargo & Company MN grew its position in Dillard's by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 783 shares of the company's stock valued at $338,000 after acquiring an additional 68 shares during the last quarter. Raymond James Financial Inc. bought a new position in Dillard's in the fourth quarter valued at about $556,000. Treasurer of the State of North Carolina grew its position in Dillard's by 2.4% in the fourth quarter. Treasurer of the State of North Carolina now owns 3,042 shares of the company's stock valued at $1,313,000 after acquiring an additional 72 shares during the last quarter. Finally, Walleye Capital LLC bought a new position in Dillard's in the fourth quarter valued at about $427,000. Institutional investors own 67.15% of the company's stock.

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.