Stock Rating Downgrade
Of late the Value Trend Rating for Destination XL Group Inc (NASDAQ: DXLG) weakened from C to D reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 4/26/24, Destination XL Group Inc (NASDAQ: DXLG) stock declined slightly by -0.9%, closing at $3.37. This decline was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months but has risen 6.6% during the last week.
Current PriceTarget Research Rating
DXLG is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Destination XL Group has a current Value Trend Rating of D (Negative). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Destination XL Group has a neutral Appreciation Score of 54 but a poor Power Rating of 26, with the Negative Value Trend Rating the result.
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