Designer Brands Inc (NYSE: DBI) has reported E.P.S. of $0.24 for its second fiscal quarter (ending July 31) versus $0.57 for the same period a year ago — a decline of -58%. E.P.S. were $-0.10 for the latest four quarters through July 31 versus $2.16 for the same period a year ago — a decline of -105%.
Recent Price Action
On 9/11/24, Designer Brands Inc (NYSE: DBI) stock suffered a major decline of -11.5%, closing at $5.14. Moreover, exceptionally high trading volume at 536% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -16.2% during the last week.
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 C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Designer Brands has a good Appreciation Score of 72 but a poor Power Rating of 20, resulting in the Low Neutral Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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