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The closing price of Designer Brands Inc (NYSE: DBI) was $7.84 for the day, up 0.64% from the previous closing price of $7.79. In other words, the price has increased by $0.64 from its previous closing price. On the day, 1.6 million shares were traded. DBI stock price reached its highest trading level at $8.0 during the session, while it also had its lowest trading level at $7.66.
Ratios:
Our analysis of DBI’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.34 and its Current Ratio is at 1.29. In the meantime, Its Debt-to-Equity ratio is 3.61 whereas as Long-Term Debt/Eq ratio is at 3.14.
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 June 05, 2024, Reiterated its Market Perform rating but revised its target price to $10 from $11 previously.
On December 06, 2023, Telsey Advisory Group reiterated its Market Perform rating and also upped its target price recommendation from $14 to $10.
Telsey Advisory Group reiterated its Market Perform rating for the stock on May 27, 2021, while the target price for the stock was revised from $20 to $22.
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 Apr 11 ’24 when SONNENBERG HARVEY L sold 9,000 shares for $8.65 per share. The transaction valued at 77,868 led to the insider holds 2,199 shares of the business.
Poff Jared A. sold 15,000 shares of DBI for $146,430 on Apr 08 ’24. The EVP, CFO & CAO now owns 255,064 shares after completing the transaction at $9.76 per share. On Mar 27 ’24, another insider, Haley Mark, who serves as the SVP, Controller and PAO of the company, sold 16,125 shares for $10.84 each. As a result, the insider received 174,827 and left with 25,787 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 453176320 and an Enterprise Value of 1707885056. As of this moment, Designer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.98, and their Forward P/E ratio for the next fiscal year is 7.32. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.15 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 0.555 whereas that against EBITDA is 14.174.
Stock Price History:
Over the past 52 weeks, DBI has reached a high of $13.44, while it has fallen to a 52-week low of $6.30. The 50-Day Moving Average of the stock is 0.11%, while the 200-Day Moving Average is calculated to be -15.72%.
Shares Statistics:
DBI traded an average of 2.41M shares per day over the past three months and 1493430 shares per day over the past ten days. A total of 49.49M shares are outstanding, with a floating share count of 43.04M. Insiders hold about 25.53% of the company’s shares, while institutions hold 93.47% stake in the company. Shares short for DBI as of 1721001600 were 12239985 with a Short Ratio of 5.09, compared to 1718323200 on 13283299. Therefore, it implies a Short% of Shares Outstanding of 12239985 and a Short% of Float of 78.010005.
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 0.02567394The stock’s 5-year Average Dividend Yield is 5.26.
