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The price of Designer Brands Inc (NYSE: DBI) closed at $6.11 in the last session, down -2.40% from day before closing price of $6.26. In other words, the price has decreased by -$2.40 from its previous closing price. On the day, 0.79 million shares were traded. DBI stock price reached its highest trading level at $6.385 during the session, while it also had its lowest trading level at $6.09.
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 0.25 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:
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 Oct 11 ’24 when Haley Mark sold 25,787 shares for $6.04 per share. The transaction valued at 155,625 led to the insider holds 0 shares of the business.
SONNENBERG HARVEY L sold 22,000 shares of DBI for $145,640 on Sep 17 ’24. The Director now owns 3,180 shares after completing the transaction at $6.62 per share. On Sep 16 ’24, another insider, SONNENBERG HARVEY L, who serves as the Director of the company, bought 22,000 shares for $5.99 each.
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 339101952 and an Enterprise Value of 1579320832. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.95. Its current Enterprise Value per Revenue stands at 0.516 whereas that against EBITDA is 17.798.
Stock Price History:
Over the past 52 weeks, DBI has reached a high of $12.84, while it has fallen to a 52-week low of $4.36. The 50-Day Moving Average of the stock is -8.27%, while the 200-Day Moving Average is calculated to be -26.37%.
Shares Statistics:
According to the various share statistics, DBI traded on average about 2.42M shares per day over the past 3-months and 1381080 shares per day over the past 10 days. A total of 49.49M shares are outstanding, with a floating share count of 40.76M. Insiders hold about 26.56% of the company’s shares, while institutions hold 103.92% stake in the company. Shares short for DBI as of 1727654400 were 11040905 with a Short Ratio of 4.56, compared to 1724976000 on 12545378. Therefore, it implies a Short% of Shares Outstanding of 11040905 and a Short% of Float of 82.48.
Dividends & Splits
The forward annual dividend rate for DBI is 0.20, which was 0.2 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.03194888The stock’s 5-year Average Dividend Yield is 5.26.
