Destination XL Group Inc (NASDAQ:DXLG)’s traded shares stood at 0.49 million during the last session, with the company’s beta value hitting 0.98. At the close of trading, the stock’s price was $1.17, to imply an increase of 15.84% or $0.16 in intraday trading. The DXLG share’s 52-week high remains $3.93, putting it -235.9% down since that peak but still an impressive 23.08% since price per share fell to its 52-week low of $0.90. The company has a valuation of $62.62M, with an average of 0.35 million shares in intraday trading volume over the past 10 days and average of 265.88K 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 -0.06.
Destination XL Group Inc (NASDAQ:DXLG) trade information
After registering a 15.84% upside 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 19.38%, and -21.48% over 30 days. With these gigs, the year-to-date price performance is -56.51%. Short interest in Destination XL Group Inc (NASDAQ:DXLG) saw shorts transact 2.45 million shares and set a 6.67 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 -156.41% off suggested target high and -156.41% from its likely low.
Destination XL Group Inc (DXLG) estimates and forecasts
The rating firms project that company’s revenue will shrink -3.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 103.5M. Meanwhile, for the current quarter, a total of 2 analyst(s) estimate revenue growth to 117.98M.Earnings reports from the last fiscal year show that sales brought in 115.49M and 124.82M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -10.38% before dropping -5.48% in the following quarter.
DXLG Dividends
Destination XL Group Inc has its next earnings report out on 2025-Mar-19. 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 12.63% of total outstanding shares, with institutional holders owning 85.63% of the shares at 98.01% float percentage. In total, 85.63% 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 16.1408% 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 9.8437% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $20.87 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Destination XL Group Inc (DXLG) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 1.63 shares. This is just over 2.57% of the total shares, with a market valuation of $1.91 million. Data from the same date shows that the other fund manager holds a little less at 1.38, or 2.17% of the shares, all valued at about 1.61 million.
