A share price of Designer Brands Inc [DBI] is currently trading at $5.31, up 5.36%. An important factor to consider is whether the stock is rising or falling in short-term value. The DBI shares have gain 12.50% over the last week, with a monthly amount drifted -2.93%, and not seem to be holding up well over a long-time horizon.
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.
Designer Brands Inc experienced fluctuations in its stock price throughout the past year between $4.36 and $11.56. 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 $5.31 at the most recent close of the market. An investor can expect a potential return of 151.04% based on the average DBI price forecast.
Analyzing the DBI fundamentals
Trailing Twelve Months sales for Designer Brands Inc [NYSE:DBI] were 3.05B which represents -1.16% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at -0.01%, 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of4.19.
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 5.08 points at the first support level, and at 4.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.46, and for the 2nd resistance point, it is at 5.60.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Designer Brands Inc [NYSE:DBI] is 1.41. On the other hand, the Quick Ratio is 0.29, and the Cash Ratio is 0.06. Considering the valuation of this stock, the price to sales ratio is 0.08, the price to book ratio is 0.80.
Transactions by insiders
Recent insider trading involved Fund 1 Investments, LLC, 10% Owner, that happened on Jan 28 ’25 when 0.25 million shares were sold. Member of a 10% Group, Stone House Capital Management completed a deal on Jan 10 ’25 to buy 0.49 million shares. Meanwhile, Member of a 10% Group Stone House Capital Management bought 10851.0 shares on Jan 13 ’25.
