The trading price of Designer Brands Inc (NYSE:DBI) closed lower on Tuesday, April 02, closing at $10.11, -6.65% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 27.38, while its 5Y monthly beta was 2.05. In examining the 52-week price action we see that the stock hit a 52-week high of $13.44 and a 52-week low of $6.14. Over the past month, the stock has lost -5.95% in value.
Designer Brands Inc, whose market valuation is $574.85 million at the time of this writing, is expected to release its quarterly earnings report Mar 21, 2024. The dividend yield on the company stock is 1.98%, while its Forward Dividend ratio is 0.20. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by $0.15 per share this quarter, however they have predicted annual earnings per share of $0.76 for 2025 and $1.09 for 2026. It means analysts are expecting annual earnings per share growth of 11.80% this year and 43.40% next year.
Analysts have forecast the company to bring in revenue of $739.29 million for the current quarter, with the likely lows of $720.32 million and highs of $758.56 million. From the analysts’ viewpoint, the consensus estimate for the company’s annual revenue in 2025 is $3.11 billion. The company’s revenue is forecast to grow by 1.30% over what it did in 2025.
A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Designer Brands Inc 1 upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest DBI has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Sell.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.87, which symbolizes a positive outlook. A quick review shows that DBI’s price is currently -5.73% off the SMA20 and 2.87% off the SMA50. The RSI metric on the 14-day chart is currently showing 45.32, and weekly volatility stands at 4.77%. When measured over the past 30 days, the indicator reaches 6.14%. Designer Brands Inc (NYSE:DBI)’s beta value is currently sitting at 2.07, while the Average True Range indicator is currently displaying 0.62.
To see how Designer Brands Inc stock has been performing in comparison to its peers in the industry, here are the numbers: DBI stock’s performance was -6.65% in the latest trading, and 17.29% in the past year. Designer Brands Inc has a P/E ratio of 27.38.
An evaluation of the daily trading volume of Designer Brands Inc (NYSE:DBI) indicates that the 3-month average is 1.36 million. However, this figure has increased over the past 10 days to an average of 1.95 million.
Currently, records show that 49.49 million of the company’s shares remain outstanding. The insiders hold 27.50% of outstanding shares, whereas institutions hold 89.40%. The stats also highlight that short interest as of Mar 15, 2024, stood at 10.02 million shares, resulting in a short ratio of 7.7 at that time. From this, we can conclude that short interest is 17.51% of the company’s total outstanding shares. It is noteworthy that short shares in March were down slightly from the previous month’s figure, which was 10.09 million. However, since the stock’s price has seen 14.24% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
