Destination XL Group Inc (NASDAQ:DXLG)’s traded shares stood at 0.4 million during the last session, with the company’s beta value hitting 1.30. At the close of trading, the stock’s price was $2.81, to imply a decrease of -3.44% or -$0.1 in intraday trading. The DXLG share’s 52-week high remains $4.68, putting it -66.55% down since that peak but still an impressive 23.49% since price per share fell to its 52-week low of $2.15. The company has a valuation of $152.60M, with an average of 0.34 million shares in intraday trading volume over the past 10 days and average of 291.00K shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Destination XL Group Inc (DXLG), translating to a mean rating of 2.00. Of 1 analyst(s) looking at the stock, 0 analyst(s) give DXLG a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.03.
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Destination XL Group Inc (NASDAQ:DXLG) trade information
After registering a -3.44% downside in the last session, Destination XL Group Inc (DXLG) has traded red over the past five days. The 5-day price performance for the stock is 24.89%, and 22.17% over 30 days. With these gigs, the year-to-date price performance is -36.14%. Short interest in Destination XL Group Inc (NASDAQ:DXLG) saw shorts transact 4.71 million shares and set a 16.45 days time to cover.
The extremes give us $3 and $3 for target low and target high price respectively. As such, DXLG has been trading -6.76% off suggested target high and -6.76% from its likely low.
Destination XL Group Inc (DXLG) estimates and forecasts
The rating firms project that company’s revenue will shrink -10.15% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 120.93M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 116.53M.Earnings reports from the last fiscal year show that sales brought in 137.14M and 115.49M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -11.82% before jumping 0.90% in the following quarter.
DXLG Dividends
Destination XL Group Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Destination XL Group Inc (NASDAQ:DXLG)’s Major holders
Destination XL Group Inc insiders hold 11.35% of total outstanding shares, with institutional holders owning 85.74% of the shares at 96.72% float percentage. In total, 85.74% institutions holds shares in the company, led by AWM INVESTMENT COMPANY, INC.. As of 2024-06-30, the company held over 9.4 million shares (or 16.1956% of shares), all amounting to roughly $34.21 million.
The next major institution holding the largest number of shares is FUND 1 INVESTMENTS, LLC with 5.73 million shares, or about 9.8771% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $20.87 million.
