Designer Brands Inc [DBI] stock prices are down -1.04% to $8.58 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DBI shares have lost -0.12% over the last week, with a monthly amount drifted -22.91%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Designer Brands Inc [NYSE: DBI] stock has seen the most recent analyst activity on December 06, 2023, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $10 from $14. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on May 27, 2021, and elevated its price target to $22. On May 20, 2021, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $20 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $14 on March 11, 2021. UBS initiated its recommendation with a Neutral and recommended $6 as its price target on November 09, 2020. Susquehanna upgraded its rating to Neutral for this stock on November 03, 2020, but kept the price target unchanged to $4.30. In a note dated October 12, 2020, Susquehanna downgraded an Negative rating on this stock.
The stock price of Designer Brands Inc [DBI] has been fluctuating between $6.14 and $13.44 over the past year. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. Designer Brands Inc [NYSE: DBI] shares were valued at $8.58 at the most recent close of the market. An investor can expect a potential return of 98.14% based on the average DBI price forecast.
Analyzing the DBI fundamentals
The Designer Brands Inc [NYSE:DBI] reported sales of 3.07B for trailing twelve months, representing a drop of -0.81%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at 0.02%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.65.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.44 points at the first support level, and at 8.30 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.80, and for the 2nd resistance point, it is at 9.02.
Ratios To Look Out For
It’s worth pointing out that Designer Brands Inc [NYSE:DBI]’s Current Ratio is 1.25. As well, the Quick Ratio is 0.33, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 1.37 and price to earnings (TTM) ratio is 23.24.
Transactions by insiders
Recent insider trading involved SONNENBERG HARVEY L, Director, that happened on Apr 11 ’24 when 9000.0 shares were sold. EVP, CFO & CAO, Poff Jared A. completed a deal on Apr 08 ’24 to sell 15000.0 shares. Meanwhile, SVP, Controller and PAO Haley Mark sold 16125.0 shares on Mar 27 ’24.
