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The price of Designer Brands Inc (NYSE: DBI) closed at $7.29 in the last session, up 0.83% from day before closing price of $7.23. In other words, the price has increased by $0.83 from its previous closing price. On the day, 0.92 million shares were traded. DBI stock price reached its highest trading level at $7.41 during the session, while it also had its lowest trading level at $7.064.
Ratios:
We take a closer look at DBI’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.62. 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:
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 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 421384608 and an Enterprise Value of 1676093440. As of this moment, Designer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.39, and their Forward P/E ratio for the next fiscal year is 6.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14 while its Price-to-Book (P/B) ratio in mrq is 1.18. Its current Enterprise Value per Revenue stands at 0.544 whereas that against EBITDA is 13.91.
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 -4.89%, while the 200-Day Moving Average is calculated to be -20.68%.
Shares Statistics:
According to the various share statistics, DBI traded on average about 2.45M shares per day over the past 3-months and 1559350 shares per day over the past 10 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 93.86% stake in the company. Shares short for DBI as of 1721001600 were 12239985 with a Short Ratio of 5.00, 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
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 0.027662518The stock’s 5-year Average Dividend Yield is 5.26.
