Talbots (TLB) has been downgraded today from “neutral” to “sell” by the research analysts at Janney Montgomery Scott. Talbots was down during intraday trading and finished trading at $4.52.
Talbots is slated to release their next earnings report on June 7 and is estimated to post EPS of 4 cents. Their last earnings report was released on March 24, 2011 and announced an EPS of -14 cents with revenue totaling 292.6 million which was down -7.4 % year to year. TLB is currently trading below its 50 & 200-day moving averages and 2011 is currently an down year for the company.
The Talbots, Inc. (TLB) is a specialty retailer and direct marketer of women’s apparel, accessories and shoes sold almost exclusively under the Talbots brand. The company has market capitalization of $318,000,000 and 69,906,000 shares outstanding. TLB has a 52-week high of $15.37 with the low being $4.26.
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