When JOS A Bank Clothiers (NASDAQ:JOSB) reported earnings 17 days ago on November 28th, 2012, analysts, on average, expected the company to report earnings of $0.56 on sales of $231.8 million. The company actually reported EPS of $0.47 on sales of $232.9 million, missing EPS estimates by $0.09 and beating revenue estimates by $1.1 million. Since the company's report, shares of JOS A Bank Clothiers have fallen from $43.85 to $42.28, representing a loss of 3.6% in the past 17 days.
In the past 52 weeks, shares of JOS A Bank Clothiers have traded between a low of $39.29 and a high of $57.14 and closed Thursday at $42.28, which is 8% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has slid 0.3%.
Jos. A. Bank Clothiers, Inc. manufactures classic men's clothing. The Company sells its clothing through conventional retail stores and catalog direct marketing located throughout the United States.
There is potential upside of 23.0% for shares of JOS A Bank Clothiers based on a current price of $42.28 and an average consensus analyst price target of $52.00. The stock should run into initial resistance at its 200-day moving average (MA) of $46.69 and subsequent resistance at its 50-day MA of $47.61.