Designer Brands Inc (DBI) kicked off at the price of $7.65: Venture capitalists have an exciting new opportunity

On Tuesday, Designer Brands Inc (NYSE: DBI) opened lower -4.37% from the last session, before settling in for the closing price of $8.00. Price fluctuations for DBI have ranged from $6.30 to $13.44 over the past 52 weeks.

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Consumer Cyclical Sector giant saw their annual sales surged by 2.68% over the last five years. Company’s average yearly earnings per share was noted 10.63% at the time writing. With a float of $43.04 million, this company’s outstanding shares have now reached $49.49 million.

The firm has a total of 14000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 31.9%, operating margin of 2.1%, and the pretax margin is 0.82%.

Designer Brands Inc (DBI) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Footwear & Accessories industry is another important factor to consider. The insider ownership of Designer Brands Inc is 25.54%, while institutional ownership is 94.15%. 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) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 4/30/2024, the company posted 0.59 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.44) by 0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.46 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 10.63% per share during the next fiscal year.

Designer Brands Inc (NYSE: DBI) Trading Performance Indicators

Check out the current performance indicators for Designer Brands Inc (DBI). In the past quarter, the stock posted a quick ratio of 0.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.14. Likewise, its price to free cash flow for the trailing twelve months is 6.94.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.21, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 1.04 in one year’s time.

Technical Analysis of Designer Brands Inc (DBI)

Analysing the last 5-days average volume posted by the [Designer Brands Inc, DBI], we can find that recorded value of 1.54 million was lower than the volume posted last year of 1.75 million. As of the previous 9 days, the stock’s Stochastic %D was 71.29%. Additionally, its Average True Range was 0.35.

During the past 100 days, Designer Brands Inc’s (DBI) raw stochastic average was set at 28.44%, which indicates a significant decrease from 55.74% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.64% in the past 14 days, which was lower than the 63.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $7.31, while its 200-day Moving Average is $8.93. Now, the first resistance to watch is $7.83. This is followed by the second major resistance level at $8.00. The third major resistance level sits at $8.10. If the price goes on to break the first support level at $7.55, it is likely to go to the next support level at $7.45. Now, if the price goes above the second support level, the third support stands at $7.28.

Designer Brands Inc (NYSE: DBI) Key Stats

There are currently 57,803K shares outstanding in the company with a market cap of 442.17 million. Presently, the company’s annual sales total 3,075 M according to its annual income of 29,060 K. Last quarter, the company’s sales amounted to 746,600 K and its income totaled 780 K.