Designer Brands Inc (DBI) concluded trading on Thursday at a closing price of $7.06, with 3.3 million shares of worth about $23.33 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -32.18% during that period and on September 25, 2024 the price saw a gain of about 1.29%. Currently the company’s common shares owned by public are about 49.49M shares, out of which, 41.08M shares are available for trading.
Stock saw a price change of 13.32% in past 5 days and over the past one month there was a price change of -11.75%. Year-to-date (YTD), DBI shares are showing a performance of -20.23% which decreased to -41.36% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $4.36 but also hit the highest price of $13.16 during that period. The average intraday trading volume for Designer Brands Inc shares is 2.53 million. The stock is currently trading 11.82% above its 20-day simple moving average (SMA20), while that difference is up 0.37% for SMA50 and it goes to -17.06% lower than SMA200.
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Designer Brands Inc (NYSE: DBI) currently have 49.49M outstanding shares and institutions hold larger chunk of about 103.57% of that.
The stock has a current market capitalization of $391.83M and its 3Y-monthly beta is at 2.02. It has posted earnings per share of -$0.11 in the same period. It has Quick Ratio of 0.25 while making debt-to-equity ratio of 3.59. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for DBI, volatility over the week remained 5.86% while standing at 7.74% over the month.
Stock’s fiscal year EPS is expected to drop by -22.96% while it is estimated to increase by 42.87% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Telsey Advisory Group on September 12, 2024 offering a Market perform rating for the stock and assigned a target price range of between $10 and $6 to it. Coverage by Telsey Advisory Group stated Designer Brands Inc (DBI) stock as a Market perform in their note to investors on June 05, 2024, suggesting a price target of $10 for the stock. On December 06, 2023, Telsey Advisory Group Reiterated their recommendations, while on May 27, 2021, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $22. Stock get a Market perform rating from Telsey Advisory Group on May 20, 2021.
