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After finishing at $9.29 in the prior trading day, Designer Brands Inc (NYSE: DBI) closed at $9.19, down -1.08%. In other words, the price has decreased by -$1.08 from its previous closing price. On the day, 1.05 million shares were traded. DBI stock price reached its highest trading level at $9.545 during the session, while it also had its lowest trading level at $9.18.
Ratios:
Our goal is to gain a better understanding of DBI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.90. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 1.25. In the meantime, Its Debt-to-Equity ratio is 3.45 whereas as Long-Term Debt/Eq ratio is at 2.97.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on December 06, 2023, Reiterated its Market Perform rating but revised its target price to $10 from $14 previously.
On May 27, 2021, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $20 to $22.
Telsey Advisory Group reiterated its Market Perform rating for the stock on May 20, 2021, while the target price for the stock was revised from $14 to $20.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 11 ’24 when SONNENBERG HARVEY L sold 9,000 shares for $8.65 per share. The transaction valued at 77,868 led to the insider holds 2,199 shares of the business.
Poff Jared A. sold 15,000 shares of DBI for $146,430 on Apr 08 ’24. The EVP, CFO & CAO now owns 255,064 shares after completing the transaction at $9.76 per share. On Mar 27 ’24, another insider, Haley Mark, who serves as the SVP, Controller and PAO of the company, sold 16,125 shares for $10.84 each. As a result, the insider received 174,827 and left with 25,787 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, DBI now has a Market Capitalization of 526040160 and an Enterprise Value of 1719940864. As of this moment, Designer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.89, and their Forward P/E ratio for the next fiscal year is 8.42. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.70. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.17 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 0.559 whereas that against EBITDA is 12.837.
Stock Price History:
Over the past 52 weeks, DBI has reached a high of $13.44, while it has fallen to a 52-week low of $6.14. The 50-Day Moving Average of the stock is -7.39%, while the 200-Day Moving Average is calculated to be -9.56%.
Shares Statistics:
The stock has traded on average 1.37M shares per day over the past 3-months and 1105290 shares per day over the last 10 days, according to various share statistics. A total of 49.49M shares are outstanding, with a floating share count of 41.57M. Insiders hold about 27.38% of the company’s shares, while institutions hold 86.92% stake in the company. Shares short for DBI as of 1713139200 were 11291913 with a Short Ratio of 8.24, compared to 1710460800 on 10020629. Therefore, it implies a Short% of Shares Outstanding of 11291913 and a Short% of Float of 41.91.
Dividends & Splits
In the trailing 12 months, DBI’s forward annual dividend rate was 0.2, compared to 0.20 this year. Against a Trailing Annual Dividend Yield of 0.021528525The stock’s 5-year Average Dividend Yield is 5.26.
