For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Designer Brands Inc (NYSE: DBI) closed at $5.40 in the last session, up 1.89% from day before closing price of $5.30. In other words, the price has increased by $1.89 from its previous closing price. On the day, 0.96 million shares were traded. DBI stock price reached its highest trading level at $5.6094 during the session, while it also had its lowest trading level at $5.245.
Ratios:
We take a closer look at DBI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 4.19 whereas as Long-Term Debt/Eq ratio is at 3.69.
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 September 12, 2024, Reiterated its Market Perform rating but revised its target price to $6 from $10 previously.
On June 05, 2024, Telsey Advisory Group reiterated its Market Perform rating and also upped its target price recommendation from $11 to $10.
Telsey Advisory Group reiterated its Market Perform rating for the stock on December 06, 2023, while the target price for the stock was revised from $14 to $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 10 ’24 when Stone House Capital Management bought 250,000 shares for $5.63 per share. The transaction valued at 1,407,500 led to the insider holds 5,000,000 shares of the business.
Haley Mark sold 25,787 shares of DBI for $155,625 on Oct 11 ’24. The SVP, Controller and PAO now owns 0 shares after completing the transaction at $6.04 per share. On Sep 17 ’24, another insider, SONNENBERG HARVEY L, who serves as the Director of the company, sold 22,000 shares for $6.62 each. As a result, the insider received 145,640 and left with 3,180 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 258812288 and an Enterprise Value of 1561560960. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 0.51 whereas that against EBITDA is 17.598.
Stock Price History:
Over the past 52 weeks, DBI has reached a high of $11.56, while it has fallen to a 52-week low of $4.36. The 50-Day Moving Average of the stock is 0.33%, while the 200-Day Moving Average is calculated to be -25.54%.
Shares Statistics:
According to the various share statistics, DBI traded on average about 1.74M shares per day over the past 3-months and 1335670 shares per day over the past 10 days. A total of 40.14M shares are outstanding, with a floating share count of 34.35M. Insiders hold about 28.33% of the company’s shares, while institutions hold 93.77% stake in the company. Shares short for DBI as of 1731628800 were 9329505 with a Short Ratio of 5.34, compared to 1728950400 on 11548709. Therefore, it implies a Short% of Shares Outstanding of 9329505 and a Short% of Float of 69.69.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 5.26.
