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In the latest session, Designer Brands Inc (NYSE: DBI) closed at $7.67 down -2.54% from its previous closing price of $7.87. In other words, the price has decreased by -$2.54 from its previous closing price. On the day, 2.46 million shares were traded. DBI stock price reached its highest trading level at $7.82 during the session, while it also had its lowest trading level at $7.39.
Ratios:
For a deeper understanding of Designer Brands Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.96. 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 443349792 and an Enterprise Value of 1698058624. As of this moment, Designer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.18, and their Forward P/E ratio for the next fiscal year is 7.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.46. 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 1.24. Its current Enterprise Value per Revenue stands at 0.551 whereas that against EBITDA is 14.092.
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 $6.74. The 50-Day Moving Average of the stock is -18.46%, while the 200-Day Moving Average is calculated to be -23.96%.
Shares Statistics:
For the past three months, DBI has traded an average of 1.59M shares per day and 2417180 over the past ten days. A total of 49.49M shares are outstanding, with a floating share count of 43.06M. Insiders hold about 25.52% of the company’s shares, while institutions hold 93.60% stake in the company. Shares short for DBI as of 1715731200 were 12722974 with a Short Ratio of 8.00, compared to 1713139200 on 11291913. Therefore, it implies a Short% of Shares Outstanding of 12722974 and a Short% of Float of 81.3.
Dividends & Splits
According to the company, the forward annual dividend rate for DBI is 0.25, from 0.2 in the trailing year. Against a Trailing Annual Dividend Yield of 0.025412962The stock’s 5-year Average Dividend Yield is 5.26.
