Dillard's Inc $ 23.06 0.01 (0.02%)
DDS News and Headlines - Dillard's
To achieve long-term capital growth, the Memphis, Tennessee-based firm, which manages the Longleaf Partners Funds, invests in a concentrated number of undervalued companies that have strong balance sheets and good management teams.
According to GuruFocus Real-Time Picks, a Premium feature, the firm sold its 1.9 million remaining shares of the Little Rock, Arkansas-based retail company on July 10, impacting the equity portfolio by -1.68%. The stock traded for an average price
If you run a multibillion-dollar mutual fund that’s constantly growing, you need many, many ways of finding prospective new investments. For Peter Lynch, the manager of Fidelity’s Magellan Fund between 1977 and 1990, one of those sources of ideas was identifying great companies in lousy industries.
Writing in chapter 11 of his 1993 book, “Beating the Street,” he argued that treasures could be found in junkyards. When industries are lousy, all but the strongest competitors are pushed out, and those that are strong end up with more market share. What’s more, he wrote:
“The greatest companies in lousy industries
The following companies have recorded losses on the stock market over the past several years and will likely continue to do so as sell-side analysts on Wall Street have issued underweight recommendation ratings.
These companies also either significantly underperform the S&P 500 Index's dividend yield or do not pay a dividend. The S&P 500 index granted 1.92% as of Thursday.
Thus, investors may want to reduce their holdings of the following securities.
Dillard's Inc. (DDS) has declined 1.9% over the last week, 0.72% over the past three months, 6.81% so far this year, 25.10% over the last 52 weeks and
David Einhorn (Trades, Portfolio), president of Greenlight Capital Re Ltd. (GLRE), announced on Thursday that his fund gained 5.8% for the second quarter, bringing the year-to-date return to 17.4%. He also announced three new holdings: The Chemours Co. (CC), Dillard’s Inc. (DDS) and Scientific Games Corp. (SGMS).
Fund continues gain, boosted by Tesla short
While Tesla Inc. (TSLA) left a dent in the value of the equity portfolio for the nine gurus that were long the stock, Einhorn scored a victory with his short position as the stock closed at $229.74, down approximately 13.27% from
David Einhorn (Trades, Portfolio), chairman of Greenlight Capital Re Ltd. (GLRE), disclosed this week his six new holdings for the fourth quarter of 2018 were Hilton Grand Vacations Inc. (HGV), EchoStar Corp. (SATS), Shutterfly Inc. (SFLY), Dillard’s Inc. (DDS), The Chemours Co. (CC) and CONSOL Energy Inc. (CEIX).
Managing a portfolio of 20 stocks, Einhorn believes that an investment approach emphasizing intrinsic value is capable of achieving positive investment returns and safeguarding capital regardless of market conditions. Unfortunately, this approach led to Einhorn positing a 34% nosedive in 2018, including a 9% decline in
If an economic recession is just around the corner in 2020, then investors better be prepared for the next market downturn by increasing their positions in high-quality companies.
During the financial crisis of 2008-09, which devastated the market with the S&P 500 Index suffering a substantial decline of 20.4% over the two-year period, there were stocks that managed to surge.
Most of them were retailers operating in the department and discount industry of the services sector, producing margins of over 30%. The reason why the market rewarded these players is very easy to understand. Even during an economic
The Dow Jones Industrial Average closed at 25289.27 on Thursday with a gain of 208.77 points or 0.83%. The S&P 500 index closed at 2730.20 with a gain of 28.62 points or 1.06%. The Nasdaq Composite closed at 7259.03 with a gain of 122.64 points or 1.72%. The VIX Volatility Index was lower at 19.98 for a loss of -1.27 points or -5.98%
Thursday’s market movers
U.S. market indexes closed higher Thursday after five days of losses. The dollar gained against the British pound as the U.K. faced more Brexit challenges. Positive reports on China trade negotiations helped investor optimism.
While gurus hold positions in these companies, the stock prices and returns continue to fall. The following are the worst-performing stocks over the last three months with a long-term presence in more than four gurus’ portfolios.
Dillard's Inc. (DDS) had a negative performance of 5.1% over the last six months. The stock has a total weight of 1.77% in nine gurus’ portfolios.
The department store has a $2.13 billion market cap. The stock is trading with a price-earnings ratio of 9.11. The current stock price of $78.73 is 21.58% below its 52-week high and
During the third quarter, Royce Premier Fund manager Chuck Royce (Trades, Portfolio) reduced his positions in Buckle Inc. (BKE) and Cato Corp. (CATO) as the companies offer weak revenue guidance for the rest of the year.
Royce axed 69.8% of his Buckle position, selling 599,360 shares for an average price of $16.75 per share.
Company management said in a September quarterly report filing that Buckle’s same-store sales declined 7.7% during the three months ended July 29 compared to the prior-year period. Lower transactions at comparable stores and
Last week, we introduced “The Forum Update,” a weekly series of articles discussing top posts from the GuruFocus Forum. In the second edition, we will discuss the retail sector, one of the most cyclical market sectors in the U.S.
Retail sector background
Legendary investor Peter Lynch noted that luxury travel companies like Carnival Corp. (CCL) and brand-name companies like Michael Kors Holdings Ltd. (KORS) have cyclical business patterns. Such companies have high earnings near the peak of business cycles, resulting in artificially low price-earnings (P/E) ratios.
The retail sector primarily includes consumer cyclical
In light of the summer shopping season, retail-trade companies can expect high consumer traffic. Despite this five of the top brick-and-mortar companies reported weak second-quarter earnings, driving stock prices down.
JCPenney Co. Inc. (JCP)
On Aug. 11, JCPenney said second-quarter comparable sales declined 1.3% year over year despite total net sales increasing 1.5% year over year. According to CEO Marvin Ellison, the company “liquidated inventory in 127 of [JCPenney’s] closing stores,” which negatively impacted earnings and gross margins. JCPenney reported a net loss of $62 million, approximately $6 million worse than the net loss in the prior-year quarter.
The U.S. stock index futures were losing ground in premarket trading Thursday while tensions continue between North Korea and the U.S. With the dollar up against most of its peers, the Dow Jones Industrial Average, the S&P 500 and the Nasdaq Composite are all in red while gold trades at a two-month high. The yield on 10-year U.S. Treasury Notes is 2.226%.
Kohl's Corp. (KSS) shares were down more than 9% in morning trading despite the company reporting better-than-expected earnings for its second quarter. EPS of $1.24 beat expectations by five cents and revenue of $4.14 billion beat estimates by
Dillard’s Inc. (DDS) is a department store that has been less affected by Amazon (AMZN) and the internet. The stock is down but has a massive free cash flow yield and management has been buying back stock. It could be a buy at the right time.
Here is a good article from GuruFocus that asks if Dillards is a value trap. The article was written back in January, so the answer is "yes." In another article, Mitchell Maeur opined if the pendulum had swung too far on Dillards. Maybe he was right. The article was written back in
Gilead Sciences Inc. (GILD), Ford Motor Co. (F), Taubman Centers Inc. (TCO) and Dillard's Inc. (DDS) have declined to their three-year lows.
Gilead Sciences Inc. (GILD) reached the 3-year low of $66.06
The prices of Gilead Sciences Inc (GILD) shares have declined to $66.06 on May 12, which is only 1.0% above the 3-year low of $65.38.
Gilead Sciences Inc. is an American international pharmaceutical and biotechnology company that develops and commercializes therapeutics. The company focuses primarily on antiviral drugs used in the treatment of HIV, hepatitis B, hepatitis C, and influenza. Some of the products that the company develops
FirstEnergy Corp. (FE) reached $30.04
The prices of FirstEnergy shares have declined to $30.04, which is only 3.8% above the three-year low of $28.89.
FirstEnergy is an American energy company that has subsidiaries involved in the generation, transmission and distribution of energy as well as energy management and other related services. Its 10 electric utility operating companies make up the U.S.’ largest investor-owned utility.
FirstEnergy has a market cap of $12.8 billion; its shares were traded around $30.04 with a P/S ratio of 0.88. The trailing 12-month dividend yield of FirstEnergy stocks is 4.81%. The forward dividend yield is 4.75%.
The retail industry is changing due to the rise of e-commerce. And with the closure of the Limited stores, it appears a cycle rotation is going to be occurring. That means investors who put money into these stocks will likely underperform the overall market.
Dillard’s Inc. (DDS)
In the last decade, Dillard’s has seen its revenue and earnings decline. While the stock had a 10 times run after the housing crisis, the stock has lost about 60% of its market value since April of 2015. Management has continued to discount merchandise, thereby hurting the operating margin. Investors can look for
Dillard’s Inc. (DDS) - the U.S.-based apparel, cosmetics and home furnishings retailer - has recently taken a beating in the stock market. The stock has declined over 30% in the last 12 months, and economic uncertainty is keeping the price volatile. Although buying at this time may seem like an attempt to catch a falling knife, there are more than a few bright spots where an opportune investor will see a diamond in the rough.
Broad customer base
Headquartered in Little Rock, Arkansas, the company operates 272 Dillard’s locations and 22 clearance centers across 29 states. Additionally, it has
This article appeared first on The Stock Market Blueprint Blog.
In this edition of Watchlist Wednesday, we highlight five mid-cap stocks with the lowest price ratios as displayed on the Value Composite #1 stock screen.
This screen is influenced by a strategy Jim O’Shaugnessy discussed in the book, "What Works On Wall Street."
Value Composite Description
Value Composite #1 is a compilation of multiple value factors. Jim O’Shaughnessy, in his research, found there was an “ongoing horse race” between which single factors performed the best.
While stocks with the lowest price ratios always ended up as the best
Buckle Inc. (BKE) is trading at P/S ratio of 1.13, close to its 10-year low of 1.01.
Buckle has a market cap of $1.26 billion; its shares were traded around $25.98 with a P/E ratio of 9.12 and P/S ratio of 1.13. Buckle's trailing 12-month dividend yield is 3.69%. Its forward dividend yield is 3.98%. Buckle had an annual average earnings growth of 15% over the past 10 years. GuruFocus rated Buckle the business predictability rank of 2.5-star.
Buckle's stock prices have been declining for the last five years. The company’s revenue per
|2020-07-13 $ 23.05 (-2.91%)|
Mason Hawkinsâ€™ Firm Divests of Dillardâ€™s Stake - GuruFocus.com
|2020-06-30 $ 25.79 (-1.38%)|
Don't Ignore This Glaring Problem for Retailers - www.fool.com
|2020-06-15 $ 26.9 (-10%)|
Why Dillard's Stock Was Falling Today - www.fool.com
Why Is Dillard's (DDS) Up 29.5% Since Last Earnings Report? - www.zacks.com
|2020-05-15 $ 25.85 (12%)|
Why Dillard's Stock Was Going Up on Friday - www.fool.com
Dillard's (DDS) Stock Up Despite Wider-Than-Expected Q1 Loss - www.zacks.com
|2020-05-14 $ 23.08 (-3.95%)|
Dillard's (DDS) Reports Q1 Loss, Lags Revenue Estimates - www.zacks.com
|2020-05-13 $ 24.03 (-4.72%)|
|2020-05-12 $ 25.22 (-6.45%)|
|2020-05-11 $ 26.96 (-4.6%)|
Factors Likely to Influence Dillard's (DDS) Q1 Earnings - www.zacks.com
|2020-05-01 $ 28.36 (-3.8%)|
Will Macy's Be the Post-Coronavirus Department Store Model? - www.zacks.com
|2020-04-01 $ 27.94 (-24.38%)|
|2020-03-26 $ 41.9 (-6.43%)|
Why Is Dillard's (DDS) Down 23.8% Since Last Earnings Report? - www.zacks.com
|2020-03-25 $ 44.78 (-4.87%)|
|2020-03-24 $ 47.07 (32.33%)|
|2019-11-07 $ 71.5 (0.97%)|
|2018-11-27 $ 68.78 (2.78%)|
|2018-10-01 $ 77.18 (1.1%)|
|2017-05-17 $ 50.09 (1.93%)|
Dillard's Less Affected by Internet Than Competing Retail - GuruFocus.com
|2016-10-17 $ 57.9 (-5.81%)|
Dillard's: Has the Pendulum Swung too Far? - GuruFocus.com
|2015-09-23 $ 90.44 (0.42%)|
Dillards Is Worth Investigating After Falling 36% - GuruFocus.com
|2014-04-25 $ 96.86 (1.05%)|
Marcato Capital's Presentation On Sotheby's and Dillards - GuruFocus.com
|2013-11-04 $ 81.97 (-0.26%)|
Becoming the Retail Leader - GuruFocus.com
|2012-03-15 $ 63.64 (0.11%)|
Dillards: A Stock to Avoid for Now - GuruFocus.com