Designer Brands Inc (NYSE:DBI) traded at $9.18 at close of the session on Tuesday, April 09, made a downward move of -2.75% on its previous day’s price.
Looking at the stock we see that its previous close was $9.44 and the beta (5Y monthly) reads 2.05 . The company has a trailing 12-month PE ratio of 24.86. In terms of its 52-week price range, DBI has a high of $13.44 and a low of $6.14. The company’s stock has lost about -8.47% over that past 30 days.
Designer Brands Inc has a market cap of $525.46 million and is expected to release its quarterly earnings report on Mar 21, 2024. With its Forward Dividend at 0.20 and a yield of 2.18%, the company’s investors could be anxious for the DBI stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.15, with the EPS growth for the year raised at $0.76 for 2025 and $1.09 for next year. These figures represent 11.80% and 43.40% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $739.29 million, with a low of $720.32 million and a high of $758.56 million. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2025 is expected to hit $3.11 billion, or 1.30% up from figures reported last year.
There have been no upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the DBI stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Looking further, we note that the PEG ratio for the DBI stock currently stands at 1.69, and the current price level is -13.60% off its SMA20 and -8.01% from its 50-day simple moving average. The RSI (14) is pointing at 35.51 while the volatility over the past week is 4.51% and jumps to 6.04% over the past one month. The beta value is 2.08, while the average true range (ATR) is currently pointing at 0.56.
Coming back to Designer Brands Inc (NYSE:DBI), we note that the average 3-month trading volume was 1.36 million, while that of the preceding 10-day period stands at 1.55 million. Current shares outstanding are 49.49 million.
The insiders hold 27.42% of the company’s shares while institutions hold 88.76%. The data shows that short shares as of Mar 15, 2024, stood at 10.02 million at a short ratio of 7.7. This represents a 17.51% short interest in shares outstanding on Mar 15, 2024. Shares short fall in March from the previous month at 10.09 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 3.73% up in year-to-date price movement.
