Designer Brands Inc (NYSE: DBI) has reported E.P.S. of $-0.52 for its fourth fiscal quarter (ending January 31) versus $0.71 for the same period a year ago. For the latest four quarters through January 31, E.P.S. were $0.46 versus $2.41 for the same period a year ago.
Recent Price Action
Designer Brands Inc (NYSE: DBI) stock suffered a large decline of -5.5% on 3/21/24. The stock closed at $10.89. Moreover, this decline was accompanied by exceptionally high trading volume at 284% of normal. The stock has been weak relative to the market over the last nine months but has risen 0.6% during the last week.
Current PriceTarget Research Rating
DBI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Designer Brands has a current Value Trend Rating of C (Low Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Designer Brands has a neutral Appreciation Score of 51 and a neutral Power Rating of 47, with the Low Neutral Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
Be the first to comment