Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Designer Brands Inc (NYSE: DBI) weakened recently. DBI’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
Designer Brands Inc (NYSE: DBI) stock increased 1.1% on 9/20/24. The shares closed at $6.55. Moreover, exceptionally high trading volume at 535% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 26.0% 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 D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Designer Brands has a slightly positive Appreciation Score of 66 but a very low Power Rating of 14, leading to the Negative Value Trend Rating.
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