Designer Brands Inc (DBI) is 7.41% away from 50-day simple Moving Average despite all headwinds

A new trading day began on Tuesday, with Designer Brands Inc (NYSE: DBI) stock price up 3.80% from the previous day of trading, before settling in for the closing price of $5.79. DBI’s price has ranged from $4.36 to $11.56 over the past 52 weeks.

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A company in the Consumer Cyclical sector has jumped its sales by 2.68% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -42.74%. With a float of $40.78 million, this company’s outstanding shares have now reached $55.50 million.

In an organization with 14000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 31.44%, operating margin of 1.07%, and the pretax margin is -0.38%.

Designer Brands Inc (DBI) Insider and Institutional Ownership

As we move forward, let’s examine how large-scale investors are investing in this stock of the Footwear & Accessories Industry. The insider ownership of Designer Brands Inc is 26.52%, while institutional ownership is 79.16%. The most recent insider transaction that took place on Oct 11 ’24, was worth 155,625. In this transaction SVP, Controller and PAO of this company sold 25,787 shares at a rate of $6.04, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 17 ’24, when Company’s Director sold 22,000 for $6.62, making the entire transaction worth $145,640. This insider now owns 3,180 shares in total.

Designer Brands Inc (DBI) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -42.74% per share during the next fiscal year.

Designer Brands Inc (NYSE: DBI) Trading Performance Indicators

Here are Designer Brands Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.29. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.11.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit -0.33 in the next quarter and is forecasted to reach 0.68 in one year’s time.

Technical Analysis of Designer Brands Inc (DBI)

Let’s dig in a bit further. During the last 5-days, its volume was 3.11 million. That was better than the volume of 1.99 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 72.60%. Additionally, its Average True Range was 0.47.

During the past 100 days, Designer Brands Inc’s (DBI) raw stochastic average was set at 40.34%, which indicates a significant decrease from 83.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 98.00% in the past 14 days, which was higher than the 66.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $5.60, while its 200-day Moving Average is $7.65. However, in the short run, Designer Brands Inc’s stock first resistance to watch stands at $6.58. Second resistance stands at $7.15. The third major resistance level sits at $8.04. If the price goes on to break the first support level at $5.12, it is likely to go to the next support level at $4.23. The third support level lies at $3.66 if the price breaches the second support level.

Designer Brands Inc (NYSE: DBI) Key Stats

With a market capitalization of 333.55 million, the company has a total of 55,499K Shares Outstanding. Currently, annual sales are 3,075 M while annual income is 29,060 K. The company’s previous quarter sales were 771,900 K while its latest quarter income was 13,820 K.