The stock of Designer Brands Inc (DBI) has gone down by -0.70% for the week, with a 3.08% rise in the past month and a -20.42% drop in the past quarter. The volatility ratio for the week is 6.71%, and the volatility levels for the past 30 days are 8.66% for DBI. The simple moving average for the past 20 days is 0.37% for DBI’s stock, with a -23.05% simple moving average for the past 200 days.
Is It Worth Investing in Designer Brands Inc (NYSE: DBI) Right Now?
Additionally, the 36-month beta value for DBI is 2.02. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
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The public float for DBI is 34.32M and currently, short sellers hold a 27.02% ratio of that float. The average trading volume of DBI on December 27, 2024 was 1.82M shares.
DBI) stock’s latest price update
Designer Brands Inc (NYSE: DBI)’s stock price has increased by 4.60 compared to its previous closing price of 5.44. However, the company has seen a -0.70% decrease in its stock price over the last five trading sessions. zacks.com reported 2024-12-17 that SID, DBI and NSIT have been added to the Zacks Rank #5 (Strong Sell) List on November 17, 2024.
Analysts’ Opinion of DBI
Many brokerage firms have already submitted their reports for DBI stocks, with Telsey Advisory Group repeating the rating for DBI by listing it as a “Market Perform.” The predicted price for DBI in the upcoming period, according to Telsey Advisory Group is $6 based on the research report published on September 12, 2024 of the current year 2024.
Telsey Advisory Group, on the other hand, stated in their research note that they expect to see DBI reach a price target of $10, previously predicting the price at $11. The rating they have provided for DBI stocks is “Market Perform” according to the report published on June 05th, 2024.
Telsey Advisory Group gave a rating of “Market Perform” to DBI, setting the target price at $10 in the report published on December 06th of the previous year.
DBI Trading at 4.25% from the 50-Day Moving Average
After a stumble in the market that brought DBI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.80% of loss for the given period.
Volatility was left at 8.66%, however, over the last 30 days, the volatility rate increased by 6.71%, as shares surge +18.05% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.63% lower at present.
During the last 5 trading sessions, DBI fell by -0.70%, which changed the moving average for the period of 200-days by -45.08% in comparison to the 20-day moving average, which settled at $5.67. In addition, Designer Brands Inc saw -35.71% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at DBI starting from Stone House Capital Management, who purchase 250,000 shares at the price of $5.63 back on Dec 10 ’24. After this action, Stone House Capital Management now owns 5,000,000 shares of Designer Brands Inc, valued at $1,407,500 using the latest closing price.
Haley Mark, the SVP, Controller and PAO of Designer Brands Inc, sale 25,787 shares at $6.04 during a trade that took place back on Oct 11 ’24, which means that Haley Mark is holding 0 shares at $155,625 based on the most recent closing price.
Stock Fundamentals for DBI
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.31 for the gross margin
The net margin for Designer Brands Inc stands at -0.0. The total capital return value is set at 0.02. Equity return is now at value -0.59, with -0.10 for asset returns.
Based on Designer Brands Inc (DBI), the company’s capital structure generated 0.81 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 4.19. The interest coverage ratio of the stock is 0.62.
Currently, EBITDA for the company is 138.51 million with net debt to EBITDA at 17.2. When we switch over and look at the enterprise to sales, we see a ratio of 0.52. The receivables turnover for the company is 43.22for trailing twelve months and the total asset turnover is 1.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.41.
Conclusion
In conclusion, Designer Brands Inc (DBI) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.