Designer Brands Inc (DBI) is destined for greater heights as its last quarter sales were 754,350 K

Designer Brands Inc (NYSE: DBI) kicked off on Tuesday, up 2.85% from the previous trading day, before settling in for the closing price of $8.43. Over the past 52 weeks, DBI has traded in a range of $6.14-$13.44.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Annual sales at Consumer Cyclical sector company grew by 2.68% over the past five years. While this was happening, its average annual earnings per share was recorded 13.23%. With a float of $41.54 million, this company’s outstanding shares have now reached $49.49 million.

Let’s look at the performance matrix of the company that is accounted for 14000 employees.

Designer Brands Inc (DBI) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Footwear & Accessories Industry. The insider ownership of Designer Brands Inc is 27.42%, while institutional ownership is 88.79%. The most recent insider transaction that took place on Apr 11 ’24, was worth 77,868. In this transaction Director of this company sold 9,000 shares at a rate of $8.65, taking the stock ownership to the 2,199 shares. Before that another transaction happened on Apr 08 ’24, when Company’s EVP, CFO & CAO sold 15,000 for $9.76, making the entire transaction worth $146,430. This insider now owns 255,064 shares in total.

Designer Brands Inc (DBI) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around 13.23% per share during the next fiscal year.

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 0.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.16. Likewise, its price to free cash flow for the trailing twelve months is 4.62.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.37, a number that is poised to hit 0.12 in the next quarter and is forecasted to reach 1.09 in one year’s time.

Technical Analysis of Designer Brands Inc (DBI)

Designer Brands Inc (NYSE: DBI) saw its 5-day average volume 1.48 million, a positive change from its year-to-date volume of 1.37 million. As of the previous 9 days, the stock’s Stochastic %D was 11.42%. Additionally, its Average True Range was 0.52.

During the past 100 days, Designer Brands Inc’s (DBI) raw stochastic average was set at 13.59%, which indicates a significant decrease from 15.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.83% in the past 14 days, which was lower than the 81.31% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $9.95, while its 200-day Moving Average is $10.21. Nevertheless, the first resistance level for the watch stands at $8.86 in the near term. At $9.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $9.38. If the price goes on to break the first support level at $8.35, it is likely to go to the next support level at $8.02. Assuming the price breaks the second support level, the third support level stands at $7.83.

Designer Brands Inc (NYSE: DBI) Key Stats

The company with the Market Capitalisation of 496.27 million has total of 57,240K Shares Outstanding. Its annual sales at the moment are 3,075 M in contrast with the sum of 29,060 K annual income. Company’s last quarter sales were recorded 754,350 K and last quarter income was -29,700 K.