While Designer Brands Inc has underperformed by -0.88%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, DBI rose by 2.43%, with highs and lows ranging from $13.44 to $6.14, whereas the simple moving average jumped by 2.82% in the last 200 days.
On December 06, 2023, Telsey Advisory Group Reiterated Designer Brands Inc (NYSE: DBI) to Market Perform. A report published by Telsey Advisory Group on May 27, 2021, Reiterated its previous ‘Market Perform’ rating for DBI. Telsey Advisory Group also reiterated DBI shares as ‘Market Perform’, quoting a target price of $20 on the company’s shares in a report dated May 20, 2021. Telsey Advisory Group Reiterated the rating as Market Perform on March 11, 2021, but set its price target from $7 to $14. UBS initiated its ‘Neutral’ rating for DBI, as published in its report on November 09, 2020. Susquehanna’s report from November 03, 2020 suggests a price prediction of $4.30 for DBI shares, giving the stock a ‘Neutral’ rating. Susquehanna also rated the stock as ‘Negative’.
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Analysis of Designer Brands Inc (DBI)
Investors in Designer Brands Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.20 per share. Further, the quarter-over-quarter decrease in sales is -9.10%, showing a negative trend in the upcoming months.
One of the most important indicators of Designer Brands Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 26.94% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.29, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and DBI is recording 1.74M average volume. On a monthly basis, the volatility of the stock is set at 4.21%, whereas on a weekly basis, it is put at 3.85%, with a gain of 10.23% over the past seven days. Furthermore, long-term investors anticipate a median target price of $9.50, showing decline from the present price of $10.13, which can serve as yet another indication of whether DBI is worth investing in or should be passed over.
How Do You Analyze Designer Brands Inc Shares?
The Footwear & Accessories market is dominated by Designer Brands Inc (DBI) based in the USA. When comparing Designer Brands Inc shares with other companies under Consumer Cyclical, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 6.51, there is a growth in quarterly earnings of -74.71%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 26.84%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 89.40% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
DBI shares are owned by institutional investors to the tune of 89.40% at present.
