In last trading session, Designer Brands Inc (NYSE:DBI) saw 1.67 million shares changing hands with its beta currently measuring 1.99. Company’s recent per share price level of $5.06 trading at -$0.28 or -5.24% at ring of the bell on the day assigns it a market valuation of $242.52M. That closing price of DBI’s stock is at a discount of -128.46% from its 52-week high price of $11.56 and is indicating a premium of 13.83% from its 52-week low price of $4.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.64 million shares which gives us an average trading volume of 1.79 million if we extend that period to 3-months.
For Designer Brands Inc (DBI), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.47 in the current quarter.
Designer Brands Inc (NYSE:DBI) trade information
Upright in the red during last session for losing -5.24%, in the last five days DBI remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $5.06 price level, adding 12.46% to its value on the day. Designer Brands Inc’s shares saw a change of -5.24% in year-to-date performance and have moved -10.28% in past 5-day. Designer Brands Inc (NYSE:DBI) showed a performance of -11.07% in past 30-days. Number of shares sold short was 9.33 million shares which calculate 6.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 10 to the stock, which implies a rise of 49.4% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 20. It follows that stock’s current price would drop -97.63% in reaching the projected high whereas dropping to the targeted low would mean a loss of -97.63% for stock’s current value.
Designer Brands Inc (DBI) estimates and forecasts
Statistics highlight that Designer Brands Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company lost -35.04% of value to its shares in past 6 months, showing an annual growth rate of -69.12% while that of industry is 9.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -1.82% from the last financial year’s standing.
3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 723.22M for the same. And 1 analysts are in estimates of company making revenue of 766.11M in the next quarter. Company posted 754.35M and 746.6M of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around -68.93% while estimates for its earnings growth in next 5 years are of 5.66%.
DBI Dividends
Designer Brands Inc is more likely to be releasing its next quarterly report in February and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 3.95%, the share has a forward dividend of 0.20 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 5.26%.
Designer Brands Inc (NYSE:DBI)’s Major holders
Insiders are in possession of 16.93% of company’s total shares while institution are holding 94.37 percent of that, with stock having share float percentage of 113.60%. Investors also watch the number of corporate investors in a company very closely, which is 94.37% institutions for Designer Brands Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at DBI for having 6.85 million shares of worth $46.79 million. And as of 2024-06-30, it was holding 11.9206 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.97 million shares on 2024-06-30. The number of shares represents firm’s hold over 6.9124 of outstanding shares, having a total worth of $27.13 million.
