Designer Brands Inc. (NYSE:DBI) has a beta of 2.56. The stock’s Relative Strength Index (RSI) is 75.58, with weekly volatility at 9.85% and ATR at 1.02. The DBI stock’s 52-week price range has touched low of $2.60 and a $14.76 high. Its shares traded higher over the last trading session, gaining 4.52% on 03/09/21. The shares fell to a low of $14.4001 before closing at $15.25. Intraday shares traded counted 2.76 million, which was -34.55% lower than its 30-day average trading volume of 2.05M. DBI’s previous close was $14.59 while the outstanding shares total 72.34M.
Investors have identified the Apparel Retail company Designer Brands Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $1.09 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Designer Brands Inc. (DBI) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For DBI, the company has in raw cash 114.53 million on their books with 62.5 million currently as liabilities. How the trend is over time is what investors should be concerned about. In terms of their assets, the company currently has 776.9 million total, with 831.57 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 0.25 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on DBI sounds very interesting.
Is the stock of DBI attractive?
In related news, V Chairman & President, Ferree Deborah L sold 4,424 shares of the company’s stock in a transaction that recorded on Dec 10. The sale was performed at an average price of 7.25, for a total value of 32,096. As the sale deal closes, the Director, SONNENBERG HARVEY L now sold 23,000 shares of the company’s stock, valued at 128,800. Also, Chief Executive Officer, Rawlins Roger bought 52,265 shares of the company’s stock in a deal that was recorded on Mar 18. The shares were price at an average price of 2.88 per share, with a total market value of 150,523. Following this completion of acquisition, the EVP & CFO, Poff Jared A. now holds 33,853 shares of the company’s stock, valued at 99,582. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.50%.
0 out of 6 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Designer Brands Inc.. 1 analysts has assigned a Sell rating on the DBI stock. The 12-month mean consensus price target for the company’s shares has been set at $10.20.