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The price of Designer Brands Inc (NYSE: DBI) closed at $6.85 in the last session, down -7.18% from day before closing price of $7.38. In other words, the price has decreased by -$7.18 from its previous closing price. On the day, 2.45 million shares were traded. DBI stock price reached its highest trading level at $7.325 during the session, while it also had its lowest trading level at $6.8107.
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 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 380171584 and an Enterprise Value of 1620390400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.12 while its Price-to-Book (P/B) ratio in mrq is 1.07. Its current Enterprise Value per Revenue stands at 0.53 whereas that against EBITDA is 18.261.
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 -2.41%, while the 200-Day Moving Average is calculated to be -19.26%.
Shares Statistics:
According to the various share statistics, DBI traded on average about 2.52M shares per day over the past 3-months and 4201680 shares per day over the past 10 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 103.60% stake in the company. Shares short for DBI as of 1726185600 were 13844930 with a Short Ratio of 5.49, compared to 1723680000 on 12866597. Therefore, it implies a Short% of Shares Outstanding of 13844930 and a Short% of Float of 103.42.
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 0.02710027The stock’s 5-year Average Dividend Yield is 5.26.
