Retail has been under attack in recent years. Seriously, it’s been years that the brick-and-mortar stores have been at the mercy of online giants. It does not matter whether you are selling clothes, accessories, groceries, electronics or cars, the online marketplace has shaken you to the core. Then, go ahead and throw in a little thing now known as “COVID-19” and you have a recipe for disaster. Some would call it the perfect storm. Yet, despite all this, there are retailers which are adapting and thriving in this environment.
One such retailer is today’s Bull of the Day, Dillard’s (DDS - Free Report) . Dillard's, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. As of January 30, 2021, the company operated 282 Dillard's stores, including 32 clearance centers, and an Internet store at dillards.com. It also engages in the general contracting construction activities.
Currently, Dillard’s is a Zacks Rank #1 (Strong Buy) in the Retail -Regional Department Stores industry which ranks in the Top 14% of our Zacks Industry Rank. In addition to the favorable rank, Dillard’s enjoys a Zacks Value Style Score of B, Growth Score of A and Momentum of C to help it round out with a VGM Composite Score of A.
The reason for the favorable rank lies in the series of recent estimate revisions coming from analysts. A lot of that has to do with the previous quarter’s earnings report. Last quarter’s report came in with EPS of $6.37. That far exceeded expectations calling for $1.20. That was the latest in a string of huge beats for the company. In fact, over the last four quarters the company has beat earnings by an average of $3.12 each quarter.
That prompted analysts to up the ante. Three analysts have increased their earnings estimates for the current year and next year. The bullish move in estimates has pushed the Zacks Consensus Estimate for the current year from $2.22 to $14.26. Next year’s number is up from $2.55 to $5.79.
More Stock News: This Is Bigger than the iPhone!It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.
Click here for the 4 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Retail has been under attack in recent years. Seriously, it’s been years that the brick-and-mortar stores have been at the mercy of online giants. It does not matter whether you are selling clothes, accessories, groceries, electronics or cars, the online marketplace has shaken you to the core. Then, go ahead and throw in a little thing now known as “COVID-19” and you have a recipe for disaster. Some would call it the perfect storm. Yet, despite all this, there are retailers which are adapting and thriving in this environment.
One such retailer is today’s Bull of the Day, Dillard’s (DDS - Free Report) . Dillard's, Inc. operates retail department stores in the southeastern, southwestern, and midwestern areas of the United States. Its stores offer merchandise, including fashion apparel for women, men, and children; and accessories, cosmetics, home furnishings, and other consumer goods. As of January 30, 2021, the company operated 282 Dillard's stores, including 32 clearance centers, and an Internet store at dillards.com. It also engages in the general contracting construction activities.
Currently, Dillard’s is a Zacks Rank #1 (Strong Buy) in the Retail -Regional Department Stores industry which ranks in the Top 14% of our Zacks Industry Rank. In addition to the favorable rank, Dillard’s enjoys a Zacks Value Style Score of B, Growth Score of A and Momentum of C to help it round out with a VGM Composite Score of A.
The reason for the favorable rank lies in the series of recent estimate revisions coming from analysts. A lot of that has to do with the previous quarter’s earnings report. Last quarter’s report came in with EPS of $6.37. That far exceeded expectations calling for $1.20. That was the latest in a string of huge beats for the company. In fact, over the last four quarters the company has beat earnings by an average of $3.12 each quarter.
That prompted analysts to up the ante. Three analysts have increased their earnings estimates for the current year and next year. The bullish move in estimates has pushed the Zacks Consensus Estimate for the current year from $2.22 to $14.26. Next year’s number is up from $2.55 to $5.79.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 77 billion devices by 2025, creating a $1.3 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 4 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2022.
Click here for the 4 trades >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on DDS - FREE