The name Designer Brands Inc (DBI) should be kept on your radar

The closing price of Designer Brands Inc (NYSE: DBI) was $10.36 for the day, up 0.97% from the previous closing price of $10.26. In other words, the price has increased by $+0.10 from its previous closing price. On the day, 1330999 shares were traded. DBI stock price reached its highest trading level at $10.51 during the session, while it also had its lowest trading level at $10.19.

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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 10.78 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.90. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 1.18. In the meantime, Its Debt-to-Equity ratio is 3.17 whereas as Long-Term Debt/Eq ratio is at 2.69.

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 December 06, 2023, Reiterated its Market Perform rating but revised its target price to $10 from $14 previously.

On May 27, 2021, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $20 to $22.

Telsey Advisory Group reiterated its Market Perform rating for the stock on May 20, 2021, while the target price for the stock was revised from $14 to $20.

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 Dec 04 ’23 when Ferree Deborah L sold 34,000 shares for $12.58 per share. The transaction valued at 427,720 led to the insider holds 196,813 shares of the business.

Ferree Deborah L sold 33,000 shares of DBI for $413,160 on Oct 17 ’23. The Vice Chair, Chief Product Off now owns 230,813 shares after completing the transaction at $12.52 per share. On Oct 16 ’23, another insider, Ferree Deborah L, who serves as the Vice Chair, Chief Product Off of the company, sold 32,000 shares for $12.14 each. As a result, the insider received 388,480 and left with 263,813 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 589.04M and an Enterprise Value of 1.76B. As of this moment, Designer’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.66, and their Forward P/E ratio for the next fiscal year is 12.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.52. Its current Enterprise Value per Revenue stands at 0.57 whereas that against EBITDA is 10.07.

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 $6.14. The 50-Day Moving Average of the stock is 9.23, while the 200-Day Moving Average is calculated to be 9.99.

Shares Statistics:

DBI traded an average of 1.40M shares per day over the past three months and 1.21M shares per day over the past ten days. A total of 55.92M shares are outstanding, with a floating share count of 41.60M. Insiders hold about 26.84% of the company’s shares, while institutions hold 89.40% stake in the company. Shares short for DBI as of Feb 29, 2024 were 9.23M with a Short Ratio of 6.58, compared to 9.92M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.23% and a Short% of Float of 34.74%.

Dividends & Splits

With its trailing 12-month dividend rate of 0.20, DBI has a forward annual dividend rate of 0.20. Against a Trailing Annual Dividend Yield of 1.95%, it implies a Forward Annual Dividend Yield of 1.93%. The stock’s 5-year Average Dividend Yield is 5.26. The current Payout Ratio is 8.86% for DBI, which recently paid a dividend on Dec 14, 2023 with an ex-dividend date of Nov 29, 2023. Stock splits for the company last occurred on Nov 04, 2013 when the company split stock in a 2:1 ratio.

Earnings Estimates

The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of -$0.51 for the current quarter, with a high estimate of -$0.44 and a low estimate of -$0.6, while EPS last year was $0.07. The consensus estimate for the next quarter is $0.16, with high estimates of $0.23 and low estimates of $0.1.

Analysts are recommending an EPS of between $0.69 and $0.54 for the fiscal current year, implying an average EPS of $0.62. EPS for the following year is $0.8, with 4 analysts recommending between $0.95 and $0.69.

Revenue Estimates

It is expected that $90B in revenue will be generated in the current quarter, according to 4 analysts. It ranges from a high estimate of $753.3M to a low estimate of $727.34M. As of the current estimate, Designer Brands Inc’s year-ago sales were $760.55M, an estimated decrease of -2.50% from the year-ago figure.

A total of 4 analysts have provided revenue estimates for DBI’s current fiscal year. The highest revenue estimate was $3.07B, while the lowest revenue estimate was $3.05B, resulting in an average revenue estimate of $3.06B. In the same quarter a year ago, actual revenue was $3.32B, down -7.60% from the average estimate.

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