The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The price of Designer Brands Inc (NYSE: DBI) closed at $5.01 in the last session, down -3.09% from day before closing price of $5.17. In other words, the price has decreased by -$3.09 from its previous closing price. On the day, 1.29 million shares were traded.
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 0.29 and its Current Ratio is at 1.41. In the meantime, Its Debt-to-Equity ratio is 4.19 whereas as Long-Term Debt/Eq ratio is at 3.69.
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 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 Jan 28 ’25 when Fund 1 Investments, LLC sold 250,000 shares for $5.39 per share. The transaction valued at 1,348,586 led to the insider holds 1,853,405 shares of the business.
Stone House Capital Management bought 489,149 shares of DBI for $2,763,692 on Jan 10 ’25. The Member of a 10% Group now owns 5,489,149 shares after completing the transaction at $5.65 per share. On Jan 13 ’25, another insider, Stone House Capital Management, who serves as the Member of a 10% Group of the company, bought 10,851 shares for $5.28 each. As a result, the insider paid 57,293 and bolstered with 5,500,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.08 while its Price-to-Book (P/B) ratio in mrq is 0.75.
Stock Price History:
Over the past 52 weeks, DBI has reached a high of $11.56, while it has fallen to a 52-week low of $4.36. The 50-Day Moving Average of the stock is -8.52%, while the 200-Day Moving Average is calculated to be -24.39%.
Shares Statistics:
A total of 40.14M shares are outstanding, with a floating share count of 33.22M. Insiders hold about 30.70% of the company’s shares, while institutions hold 83.51% stake in the company.
