Designer Brands Inc. (NYSE: DBI) kicked off on August 04, 2022, at the price of $15.24, down -0.98% from the previous trading day. During the day, the shares moved up to $15.35 and dropped to $15.05 before settling in for the closing price of $15.30. Over the past 52 weeks, DBI has traded in a range of $11.24-$17.42.
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Annual sales at Consumer Cyclical sector company grew by 3.30% over the past five years. While this was happening, its average annual earnings per share was recorded 129.50%. With a float of $53.79 million, this company’s outstanding shares have now reached $72.92 million.
Let’s look at the performance matrix of the company that is accounted for 13500 employees. In terms of profitability, gross margin is +33.43, operating margin of +6.30, and the pretax margin is +5.41.
Designer Brands Inc. (DBI) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Apparel Retail Industry. The insider ownership of Designer Brands Inc. is 3.40%, while institutional ownership is 95.95%. The most recent insider transaction that took place on Jun 30, was worth 139,650. In this transaction Director of this company sold 10,500 shares at a rate of $13.30, taking the stock ownership to the 10,565 shares. Before that another transaction happened on Mar 26, when Company’s EVP;Pres DesignerBrands Canada sold 2,554 for $13.69, making the entire transaction worth $34,964. This insider now owns 15,050 shares in total.
Designer Brands Inc. (DBI) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 4/29/2022, the organization reported $0.48 earnings per share (EPS), higher than consensus estimate (set at $0.24) by $0.24. This company achieved a net margin of +4.83 while generating a return on equity of 47.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 129.50% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 14.68% during the next five years compared to 5.70% growth over the previous five years of trading.
Designer Brands Inc. (NYSE: DBI) Trading Performance Indicators
Take a look at Designer Brands Inc.’s (DBI) current performance indicators. Last quarter, stock had a quick ratio of 0.40. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.31. Likewise, its price to free cash flow for the trailing twelve months is 11.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.12, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.04 in one year’s time.
Technical Analysis of Designer Brands Inc. (DBI)
Designer Brands Inc. (NYSE: DBI) saw its 5-day average volume 0.84 million, a negative change from its year-to-date volume of 1.3 million. As of the previous 9 days, the stock’s Stochastic %D was 85.89%. Additionally, its Average True Range was 0.62.
During the past 100 days, Designer Brands Inc.’s (DBI) raw stochastic average was set at 76.20%, which indicates a significant decrease from 87.22% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.44% in the past 14 days, which was lower than the 52.17% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.29, while its 200-day Moving Average is $14.01. Nevertheless, the first resistance level for the watch stands at $15.32 in the near term. At $15.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $15.62. If the price goes on to break the first support level at $15.02, it is likely to go to the next support level at $14.88. Assuming the price breaks the second support level, the third support level stands at $14.72.
Designer Brands Inc. (NYSE: DBI) Key Stats
The company with the Market Capitalisation of 1.05 billion has total of 73,384K Shares Outstanding. Its annual sales at the moment are 3,197 M in contrast with the sum of 154,480 K annual income. Company’s last quarter sales were recorded 830,540 K and last quarter income was 26,180 K.