Look At Analyst Expectations For A Better Read On Designer Brands Inc (NYSE: DBI)

Currently, there are 49.49M common shares owned by the public and among those 43.04M shares have been available to trade.

The company’s stock has a 5-day price change of -5.22% and -18.28% over the past three months. DBI shares are trading -34.35% year to date (YTD), with the 12-month market performance down to -51.62% lower. It has a 12-month low price of $5.86 and touched a high of $13.16 over the same period. DBI has an average intraday trading volume of 2.39 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -18.39%, -19.15%, and -33.78% respectively.

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Institutional ownership of Designer Brands Inc (NYSE: DBI) shares accounts for 94.49% of the company’s 49.49M shares outstanding.

It has a market capitalization of $335.82M and a beta (3y monthly) value of 2.02. The stock’s trailing 12-month PE ratio is 27.41, while the earnings-per-share (ttm) stands at $0.21. The company has a PEG of 1.87 and a Quick Ratio of 0.34 with the debt-to-equity ratio at 3.61. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.58% over the week and 4.77% over the month.

Earnings per share for the fiscal year are expected to increase by 10.63%, and 37.80% over the next financial year.

Looking at the support for the DBI, a number of firms have released research notes about the stock. Telsey Advisory Group stated their Market Perform rating for the stock in a research note on June 05, 2024, with the firm’s price target at $11-$10. Telsey Advisory Group coverage for the Designer Brands Inc (DBI) stock in a research note released on December 06, 2023 offered a Market Perform rating with a price target of $10. Telsey Advisory Group was of a view on May 27, 2021 that the stock is Market Perform, while Telsey Advisory Group gave the stock Market Perform rating on May 20, 2021, issuing a price target of $14- $20. Telsey Advisory Group on their part issued Market Perform rating on March 11, 2021.

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