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The closing price of Designer Brands Inc (NYSE: DBI) was $6.97 for the day, up 4.19% from the previous closing price of $6.69. In other words, the price has increased by $4.19 from its previous closing price. On the day, 3.25 million shares were traded. DBI stock price reached its highest trading level at $7.035 during the session, while it also had its lowest trading level at $6.755.
Ratios:
Our analysis of DBI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.25 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 3.59 whereas as Long-Term Debt/Eq ratio is at 3.13.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 17 ’24 when SONNENBERG HARVEY L sold 22,000 shares for $6.62 per share. The transaction valued at 145,640 led to the insider holds 3,180 shares of the business.
SONNENBERG HARVEY L bought 22,000 shares of DBI for $131,780 on Sep 16 ’24. On Apr 11 ’24, another insider, SONNENBERG HARVEY L, who serves as the Director of the company, sold 9,000 shares for $8.65 each. As a result, the insider received 77,868 and left with 2,199 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 386831488 and an Enterprise Value of 1627050368. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.13 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 0.532 whereas that against EBITDA is 18.336.
Stock Price History:
Over the past 52 weeks, DBI has reached a high of $13.16, while it has fallen to a 52-week low of $4.36. The 50-Day Moving Average of the stock is -0.87%, while the 200-Day Moving Average is calculated to be -18.19%.
Shares Statistics:
DBI traded an average of 2.52M shares per day over the past three months and 6049750 shares per day over the past ten days. A total of 49.49M shares are outstanding, with a floating share count of 41.08M. Insiders hold about 25.98% of the company’s shares, while institutions hold 103.13% stake in the company. Shares short for DBI as of 1724976000 were 12545378 with a Short Ratio of 4.98, compared to 1722384000 on 12567332. Therefore, it implies a Short% of Shares Outstanding of 12545378 and a Short% of Float of 93.78.
Dividends & Splits
With its trailing 12-month dividend rate of 0.2, DBI has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 0.029895367The stock’s 5-year Average Dividend Yield is 5.26.
