Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Destination XL Group Inc (NASDAQ: DXLG) closed at $2.32 down -10.08% from its previous closing price of $2.58. In other words, the price has decreased by -$10.08 from its previous closing price. On the day, 0.51 million shares were traded. DXLG stock price reached its highest trading level at $2.4799 during the session, while it also had its lowest trading level at $2.3.
Ratios:
For a deeper understanding of Destination XL Group Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.83 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 48.04. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 1.25 whereas as Long-Term Debt/Eq ratio is at 1.00.
On September 14, 2021, DA Davidson started tracking the stock assigning a Buy rating and target price of $11.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 03 ’24 when Fund 1 Investments, LLC sold 225,000 shares for $3.15 per share. The transaction valued at 708,795 led to the insider holds 5,691,577 shares of the business.
Molloy Robert S sold 20,000 shares of DXLG for $80,006 on Feb 15 ’24. The General Counsel & Secretary now owns 240,409 shares after completing the transaction at $4.00 per share. On Jan 11 ’24, another insider, Molloy Robert S, who serves as the General Counsel & Secretary of the company, sold 20,000 shares for $4.01 each. As a result, the insider received 80,114 and left with 240,409 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, DXLG now has a Market Capitalization of 135157856 and an Enterprise Value of 263731920. As of this moment, Destination’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.12, and their Forward P/E ratio for the next fiscal year is 13.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 0.87. Its current Enterprise Value per Revenue stands at 0.531 whereas that against EBITDA is 7.537.
Stock Price History:
Over the past 52 weeks, DXLG has reached a high of $4.76, while it has fallen to a 52-week low of $2.19. The 50-Day Moving Average of the stock is -17.13%, while the 200-Day Moving Average is calculated to be -28.88%.
Shares Statistics:
For the past three months, DXLG has traded an average of 350.71K shares per day and 292910 over the past ten days. A total of 57.99M shares are outstanding, with a floating share count of 52.94M. Insiders hold about 9.12% of the company’s shares, while institutions hold 85.39% stake in the company. Shares short for DXLG as of 1730332800 were 4713561 with a Short Ratio of 13.44, compared to 1727654400 on 4549469. Therefore, it implies a Short% of Shares Outstanding of 4713561 and a Short% of Float of 10.879999999999999.
