Designer Brands Inc (DBI) concluded trading on Thursday at a closing price of $5.13, with 4.46 million shares of worth about $22.86 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -34.57% during that period and on January 30, 2025 the price saw a gain of about 1.38%. Currently the company’s common shares owned by public are about 40.14M shares, out of which, 33.25M shares are available for trading.
Stock saw a price change of -10.31% in past 5 days and over the past one month there was a price change of -5.00%. Year-to-date (YTD), DBI shares are showing a performance of -3.93% which decreased to -41.17% 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 $11.56 during that period. The average intraday trading volume for Designer Brands Inc shares is 1.77 million. The stock is currently trading -7.01% below its 20-day simple moving average (SMA20), while that difference is down -6.34% for SMA50 and it goes to -25.28% lower than SMA200.
Designer Brands Inc (NYSE: DBI) currently have 40.14M outstanding shares and institutions hold larger chunk of about 94.72% of that.
The stock has a current market capitalization of $245.88M and its 3Y-monthly beta is at 1.98. It has posted earnings per share of -$0.03 in the same period. It has Quick Ratio of 0.29 while making debt-to-equity ratio of 4.19. 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 6.69% over the month.
Stock’s fiscal year EPS is expected to drop by -68.93% while it is estimated to increase by 174.76% 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.
