Destination XL Group Inc [DXLG] stock prices are up 2.80% to $2.94 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The DXLG shares have gain 4.63% over the last week, with a monthly amount drifted -0.34%, and not 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.
The stock price of Destination XL Group Inc [DXLG] has been fluctuating between $2.19 and $4.90 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 $2.94 at the most recent close of the market. An investor can expect a potential return of 2.04% based on the average DXLG price forecast.
Analyzing the DXLG fundamentals
The Destination XL Group Inc [NASDAQ:DXLG] reported sales of 496.64M for trailing twelve months, representing a drop of -10.87%. Gross Profit Margin for this corporation currently stands at 0.46% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.07 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.
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 2.88 points at the first support level, and at 2.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.99, and for the 2nd resistance point, it is at 3.04.
Ratios To Look Out For
It’s worth pointing out that Destination XL Group Inc [NASDAQ:DXLG]’s Current Ratio is 1.82. Also, the Quick Ratio is 0.88, while the Cash Ratio stands at 0.43. Considering the valuation of this stock, the price to sales ratio is 0.34, the price to book ratio is 1.09 and price to earnings (TTM) ratio is 11.84.
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.
