Designer Brands Inc [NYSE: DBI] gained 1.38% or 0.07 points to close at $5.13 with a heavy trading volume of 4455207 shares.
The daily chart for DBI points out that the company has recorded -34.57% loss over the past six months.
If we look at the average trading volume of 1.77M shares, DBI reached to a volume of 4455207 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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 $6.00 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 3.00. 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.
Telsey Advisory Group have made an estimate for Designer Brands Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on September 12, 2024. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $11 to $10. The new note on the price target was released on June 05, 2024, representing the official price target for Designer Brands Inc stock. Previously, the target price had yet another drop from $14 to $10, while Telsey Advisory Group kept a Market Perform rating on DBI stock. On May 27, 2021, analysts increased their price target for DBI shares from 20 to 22.
The Average True Range (ATR) for Designer Brands Inc is set at 0.37, with the Price to Sales ratio for DBI stock in the period of the last 12 months amounting to 0.08. The Price to Book ratio for the last quarter was 0.77, with the Price to Cash per share for the same quarter was set at 0.76.
Trading performance analysis for DBI stock
Designer Brands Inc [DBI] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.31. With this latest performance, DBI shares dropped by -5.00% in over the last four-week period, additionally sinking by -34.57% over the last 6 months – not to mention a drop of -41.17% 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 41.33, with the RSI for the last a single of trading hit 36.12, and the three-weeks RSI is set at 43.95 for Designer Brands Inc [DBI]. The present Moving Average for the last 50 days of trading for this stock 5.48, while it was recorded at 5.36 for the last single week of trading, and 6.87 for the last 200 days.
Designer Brands Inc [DBI]: A deeper dive into fundamental analysis
Designer Brands Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.29 and a Current Ratio set at 1.41.
Designer Brands Inc [DBI]: An earnings per share (EPS) analysis
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 5.66%.
An analysis of Institutional ownership at Designer Brands Inc [DBI]
There are presently around $94.37%, or 113.60%% of DBI stock, in the hands of institutional investors. The top three institutional holders of DBI stocks are: BLACKROCK INC. with ownership of 6.85 million shares, which is approximately 11.9206%. VANGUARD GROUP INC, holding 3.97 million shares of the stock with an approximate value of $$27.13 million in DBI stocks shares; and VANGUARD GROUP INC, currently with $$17.73 million in DBI stock with ownership which is approximately 4.5165%.
