Destination XL Group Inc [DXLG] stock is trading at $3.73, up 4.78%. An important factor to consider is whether the stock is rising or falling in short-term value. The DXLG shares have gain 5.97% over the last week, with a monthly amount glided 3.90%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Destination XL Group Inc [NASDAQ: DXLG] stock has seen the most recent analyst activity on November 20, 2023, when Craig Hallum downgraded its rating to a Hold but kept the price target unchanged to $4.50 for it. Previously, DA Davidson started tracking the stock with Buy rating on September 14, 2021, and set its price target to $11.
Destination XL Group Inc [DXLG] stock has fluctuated between $3.01 and $5.25 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Destination XL Group Inc [NASDAQ: DXLG] shares were valued at $3.73 at the most recent close of the market. An investor can expect a potential drop of -19.57% based on the average DXLG price forecast.
Analyzing the DXLG fundamentals
Destination XL Group Inc [NASDAQ:DXLG] reported sales of 511.86M for the trailing twelve months, which represents a drop of -7.93%. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.05, Equity is 0.14 and Total Capital is 0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.1.
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 3.41 points at the first support level, and at 3.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 3.99, and for the 2nd resistance point, it is at 4.25.
Ratios To Look Out For
For context, Destination XL Group Inc’s Current Ratio is 1.78. On the other hand, the Quick Ratio is 0.73, and the Cash Ratio is 0.19. Considering the valuation of this stock, the price to sales ratio is 0.42, the price to book ratio is 1.41 and price to earnings (TTM) ratio is 9.64.
Transactions by insiders
Recent insider trading involved Fund 1 Investments, LLC, 10% Owner, that happened on May 03 ’24 when 0.23 million shares were sold. General Counsel & Secretary, Molloy Robert S completed a deal on Feb 15 ’24 to sell 20000.0 shares. Meanwhile, General Counsel & Secretary Molloy Robert S sold 20000.0 shares on Jan 11 ’24.
