At the time of writing, Designer Brands Inc [DBI] stock is trading at $6.21, up 0.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The DBI shares have gain 4.90% over the last week, with a monthly amount drifted -2.97%, 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 September 12, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also revised its price target to $6 from $10. Previously, Telsey Advisory Group reaffirmed its Market Perform rating on June 05, 2024, and dropped its price target to $10. On December 06, 2023, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $10 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $22 on May 27, 2021. Telsey Advisory Group reiterated its recommendation of a Market Perform and raised its price target to $20 on May 20, 2021. Telsey Advisory Group reiterated a Market Perform rating for this stock on March 11, 2021, and upped its price target to $14. In a note dated November 09, 2020, UBS initiated an Neutral rating and provided a target price of $6 on this stock.
For the past year, the stock price of Designer Brands Inc fluctuated between $4.36 and $12.84. Currently, Wall Street analysts expect the stock to reach $13.33 within the next 12 months. Designer Brands Inc [NYSE: DBI] shares were valued at $6.21 at the most recent close of the market. An investor can expect a potential return of 114.65% based on the average DBI price forecast.
Analyzing the DBI fundamentals
According to Designer Brands Inc [NYSE:DBI], the company’s sales were 3.06B for trailing twelve months, which represents an -2.56% plunge. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.0%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.59.
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 6.05 points at the first support level, and at 5.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.32, and for the 2nd resistance point, it is at 6.43.
Ratios To Look Out For
It is important to note that Designer Brands Inc [NYSE:DBI] has a current ratio of 1.29. On the other hand, the Quick Ratio is 0.25, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.11, the price to book ratio is 0.97.
Transactions by insiders
Recent insider trading involved Haley Mark, SVP, Controller and PAO, that happened on Oct 11 ’24 when 25787.0 shares were sold. Director, SONNENBERG HARVEY L completed a deal on Sep 17 ’24 to sell 22000.0 shares. Meanwhile, Director SONNENBERG HARVEY L bought 22000.0 shares on Sep 16 ’24.
