A share price of Destination XL Group Inc [DXLG] is currently trading at $2.61, up 19.72%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The DXLG shares have gain 6.10% over the last week, with a monthly amount glided 1.16%, 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 experienced fluctuations in its stock price throughout the past year between $2.15 and $4.68. 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 $2.61 at the most recent close of the market. An investor can expect a potential return of 14.94% based on the average DXLG price forecast.
Analyzing the DXLG fundamentals
Trailing Twelve Months sales for Destination XL Group Inc [NASDAQ:DXLG] were 484.95M which represents -9.80% decline. 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 0.06 and Total Capital is 0.05.
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 2.49 points at the first support level, and at 2.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.69, and for the 2nd resistance point, it is at 2.76.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Destination XL Group Inc [NASDAQ:DXLG] is 1.57. As well, the Quick Ratio is 0.57, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 0.98 and price to earnings (TTM) ratio is 17.01.
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.
