On 11/26/24, Designer Brands Inc (NYSE: DBI) stock suffered a major decline of -12.7%, closing at $4.82. Moreover, this decline was accompanied by above average trading volume at 120% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 1.7% during the last week.
Current PriceTarget Research Rating
Designer Brands has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Designer Brands has a good Appreciation Score of 82 but a very low Power Rating of 8, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this 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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