Designer Brands Inc (NYSE: DBI) has reported E.P.S. of $0.24 for its third fiscal quarter (ending October 31) versus $0.17 for the same period a year ago — an increase of 41%. For the latest four quarters through October 31, E.P.S. were $-0.04 compared to $1.64 a year ago — a decline of -102%.
Recent Price Action
Designer Brands Inc (NYSE: DBI) stock enjoyed a large increase of 3.8% on 12/10/24. The stock closed at $6.01. Moreover, exceptionally high trading volume at 280% of normal accompanied the advance. The stock has risen 8.9% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
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 very contradictory signals. Designer Brands has a good Appreciation Score of 76 but a very low Power Rating of 8, leading to the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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