Designer Brands Inc. [DBI] Is Currently 7.33 below its 200 Period Moving Avg: What Dose This Mean?

Designer Brands Inc. [NYSE: DBI] price surged by 7.33 percent to reach at $0.42.

A sum of 2291120 shares traded at recent session while its average daily volume was at 2.04M shares. Designer Brands Inc. shares reached a high of $6.16 and dropped to a low of $5.73 until finishing in the latest session at $6.15.

The one-year DBI stock forecast points to a potential upside of 23.79. The average equity rating for DBI stock is currently 2.90, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Designer Brands Inc. [DBI]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for DBI shares is $8.07 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on DBI stock is a recommendation set at 2.90. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Needham have made an estimate for Designer Brands Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 04, 2020. While these analysts kept the previous recommendation, Needham raised their target price from $11 to $9. The new note on the price target was released on June 15, 2020, representing the official price target for Designer Brands Inc. stock.

The Average True Range (ATR) for Designer Brands Inc. is set at 0.53, with the Price to Sales ratio for DBI stock in the period of the last 12 months amounting to 0.18. The Price to Book ratio for the last quarter was 1.09, with the Price to Cash per share for the same quarter was set at 2.63.

DBI Stock Performance Analysis:

Designer Brands Inc. [DBI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.00. With this latest performance, DBI shares dropped by -4.80% in over the last four-week period, additionally sinking by -9.69% over the last 6 months – not to mention a drop of -64.45% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for DBI stock in for the last two-week period is set at 45.55, with the RSI for the last a single of trading hit 44.03, and the three-weeks RSI is set at 46.53 for Designer Brands Inc. [DBI]. The present Moving Average for the last 50 days of trading for this stock 6.64, while it was recorded at 6.38 for the last single week of trading, and 9.14 for the last 200 days.

Insight into Designer Brands Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Designer Brands Inc. [DBI] shares currently have an operating margin of +4.08 and a Gross Margin at +28.62. Designer Brands Inc.’s Net Margin is presently recorded at +2.71.

Return on Total Capital for DBI is now 9.71, given the latest momentum, and Return on Invested Capital for the company is 6.87. Return on Equity for this stock inclined to 12.17, with Return on Assets sitting at 4.63. When it comes to the capital structure of this company, Designer Brands Inc. [DBI] has a Total Debt to Total Equity ratio set at 169.68. Additionally, DBI Total Debt to Total Capital is recorded at 62.92, with Total Debt to Total Assets ending up at 49.62. Long-Term Debt to Equity for the company is recorded at 143.79, with the Long-Term Debt to Total Capital now at 53.32.

Reflecting on the efficiency of the workforce at the company, Designer Brands Inc. [DBI] managed to generate an average of $5,981 per employee. Receivables Turnover for the company is 41.11 with a Total Asset Turnover recorded at a value of 1.71.Designer Brands Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 1.20.

DBI Stock EPS

With the latest financial reports released by the company, Designer Brands Inc. posted 0.67/share EPS, while the average EPS was predicted by analysts to be reported at 0.74/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -9.50%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for DBI. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Designer Brands Inc. go to 14.68%.

Designer Brands Inc. [DBI] Insider Position Details

There are presently around $383 million, or 97.50% of DBI stock, in the hands of institutional investors. The top three institutional holders of DBI stocks are: BLACKROCK INC. with ownership of 9,107,050, which is approximately 3.87% of the company’s market cap and around 2.10% of the total institutional ownership; VANGUARD GROUP INC, holding 6,070,379 shares of the stock with an approximate value of $37.33 million in DBI stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $26.56 million in DBI stock with ownership of nearly -6.966% of the company’s market capitalization.

Positions in Designer Brands Inc. stocks held by institutional investors increased at the end of September and at the time of the September reporting period, where 111 institutional holders increased their position in Designer Brands Inc. [NYSE:DBI] by around 9,881,354 shares. Additionally, 90 investors decreased positions by around 12,053,022 shares, while 31 investors held positions by with 40,333,170 shares. The mentioned changes placed institutional holdings at 62,267,546 shares, according to the latest SEC report filing. DBI stock had 37 new institutional investments in for a total of 2,047,326 shares, while 38 institutional investors sold positions of 5,250,729 shares during the same period.

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