Designer Brands Inc (NYSE: DBI) has reported E.P.S. of $0.01 for its first fiscal quarter (ending April 30) versus $0.18 for the same period a year ago. For the latest four quarters through April 30, E.P.S. were $0.23 compared to $2.25 a year ago.
Recent Price Action
Designer Brands Inc (NYSE: DBI) stock closed at $8.80 on 6/4/24 after a major decline of -20.4%. Moreover, trading volume in this decline was exceptionally high at 371% of normal. The stock has declined -9.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
DBI’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Designer Brands has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Designer Brands has a neutral Appreciation Score of 45 but a poor Power Rating of 22, resulting in the Negative Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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