In the last trading session, 1.62 million Designer Brands Inc (NYSE:DBI) shares changed hands as the company’s beta touched 2.07. With the company’s per share price at $4.41 changed hands at -$0.23 or -4.96% during last session, the market valuation stood at $211.37M. DBI’s last price was a discount, traded about -162.13% off its 52-week high of $11.56. The share price had its 52-week low at $4.36, which suggests the last value was 1.13% up since then.
Analysts gave the Designer Brands Inc (DBI) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended DBI as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Designer Brands Inc’s EPS for the current quarter is expected to be -0.47.
Designer Brands Inc (NYSE:DBI) trade information
Instantly DBI was in red as seen at the end of in last trading. With action -11.98%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -17.42%, with the 5-day performance at -11.98% in the red. However, in the 30-day time frame, Designer Brands Inc (NYSE:DBI) is -22.08% down.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need an upside of 55.9% from its current market value. According to analyst projections, DBI’s forecast low is 10 with 20 as the target high. To hit the forecast high, the stock’s price needs a -353.51% plunge from its current level, while the stock would need to soar -126.76% for it to hit the projected low.
Designer Brands Inc (DBI) estimates and forecasts
Year-over-year growth is forecast to reach -1.82% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 723.22M. 1 analysts are of the opinion that Designer Brands Inc’s revenue for the current quarter will be 766.11M. The company’s revenue for the corresponding quarters a year ago was 754.35M and 746.6M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -4.13%. The estimates for the next quarter sales put growth at 2.61%.
The 2025 estimates are for Designer Brands Inc earnings to decrease by -68.93%, but the outlook for the next 5-year period is at 5.66% per year.
DBI Dividends
Designer Brands Inc is expected to release its next quarterly earnings report in March. The 4.54% annual yield figure for the share gives it an annual dividend of 0.20. It is important to note, however, that the 4.54% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 6.9124% or 3.97 million shares worth $27.13 million as of 2024-06-30.
Among Mutual Funds, the top two as of Nov 30, 2024 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund . With 1.35 shares estimated at $5.97 million under it, the former controlled 3.37% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 3.33% of the shares, roughly 1.34 shares worth around $5.91 million.
