Designer Brands Inc (NYSE: DBI) stock closed at $5.81 on 9/13/24 after a major increase of 11.7%. Moreover, exceptionally high trading volume at 281% of normal accompanied the advance. Relative to the market the stock has been weak over the last nine months and has declined -3.6% 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 73 but a poor Power Rating of 15, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this very positive 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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