After finishing at $3.59 in the prior trading day, Destination XL Group Inc (NASDAQ: DXLG) closed at $3.30, down -8.08%. On the day, 1330331 shares were traded.
Ratios:
Our goal is to gain a better understanding of DXLG 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 3.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.92. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 2.82. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 1.04.
On September 14, 2021, DA Davidson started tracking the stock assigning a Buy rating and target price of $11.
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 Feb 15 ’24 when Molloy Robert S sold 20,000 shares for $4.00 per share. The transaction valued at 80,006 led to the insider holds 240,409 shares of the business.
Molloy Robert S sold 20,000 shares of DXLG for $80,114 on Jan 11 ’24. The General Counsel & Secretary now owns 240,409 shares after completing the transaction at $4.01 per share. On Dec 11 ’23, another insider, Molloy Robert S, who serves as the General Counsel & Secretary of the company, sold 20,000 shares for $4.06 each. As a result, the insider received 81,212 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 198.60M and an Enterprise Value of 298.59M. As of this moment, Destination’s Price-to-Earnings (P/E) ratio for their current fiscal year is 7.74, and their Forward P/E ratio for the next fiscal year is 10.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 1.32. Its current Enterprise Value per Revenue stands at 0.56 whereas that against EBITDA is 5.09.
Stock Price History:
Over the past 52 weeks, DXLG has reached a high of $5.76, while it has fallen to a 52-week low of $3.51. The 50-Day Moving Average of the stock is 3.9498, while the 200-Day Moving Average is calculated to be 4.3848.
Shares Statistics:
The stock has traded on average 317.77K shares per day over the past 3-months and 365.74k shares per day over the last 10 days, according to various share statistics. A total of 62.60M shares are outstanding, with a floating share count of 53.03M. Insiders hold about 11.89% of the company’s shares, while institutions hold 79.86% stake in the company. Shares short for DXLG as of Feb 29, 2024 were 4.01M with a Short Ratio of 12.61, compared to 3.58M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.66% and a Short% of Float of 8.82%.
Earnings Estimates
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.05, while EPS last year was $0.13. The consensus estimate for the next quarter is $0.03, with high estimates of $0.06 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.43 and $0.41 for the fiscal current year, implying an average EPS of $0.42. EPS for the following year is $0.3, with 2 analysts recommending between $0.36 and $0.25.
Revenue Estimates
2 analysts predict $138.29M in revenue for the current quarter. It ranges from a high estimate of $138.68M to a low estimate of $137.9M. As of the current estimate, Destination XL Group Inc’s year-ago sales were $143.88M, an estimated decrease of -3.90% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for DXLG’s current fiscal year. The highest revenue estimate was $523.4M, while the lowest revenue estimate was $523M, resulting in an average revenue estimate of $523.2M. In the same quarter a year ago, actual revenue was $545.84M, down -4.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $524.7M in the next fiscal year. The high estimate is $534M and the low estimate is $515.4M. The average revenue growth estimate for next year is up 0.30% from the average revenue estimate for this year.
