Earnings and Growth Analysis : Destination XL Group Stock Forecast, Price & News (NASDAQ:DXLG)

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Earnings results for Destination XL Group Stock Forecast, Price & News (NASDAQ:DXLG)

Destination XL Group, Inc. is expected* to report earnings on 08/27/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. The reported EPS for the same quarter last year was $0.

Destination XL Group last posted its quarterly earnings data on June 4th, 2020. The specialty retailer reported ($0.37) EPS for the quarter, missing the consensus estimate of ($0.26) by $0.11. The company had revenue of $57.23 million for the quarter. Destination XL Group has generated $0.00 earnings per share over the last year. Destination XL Group has confirmed that its next quarterly earnings report will be published on Thursday, August 27th, 2020.

Analyst Opinion on Destination XL Group Stock Forecast, Price & News (NASDAQ:DXLG)

1 Wall Street analysts have issued ratings and price targets for Destination XL Group in the last 12 months. Their average twelve-month price target is $3.00, predicting that the stock has a possible upside of 934.48%. The high price target for DXLG is $3.00 and the low price target for DXLG is $3.00. There are currently 1 buy rating for the stock, resulting in a consensus rating of “Buy.”

Destination XL Group has received a consensus rating of Buy. The company’s average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings. According to analysts’ consensus price target of $3.00, Destination XL Group has a forecasted upside of 934.5% from its current price of $0.29. Destination XL Group has received no research coverage in the past 90 days.

Dividend Strength: Destination XL Group Stock Forecast, Price & News (NASDAQ:DXLG)

Destination XL Group does not currently pay a dividend. Destination XL Group does not have a long track record of dividend growth.

Insiders buying/selling: Destination XL Group Stock Forecast, Price & News (NASDAQ:DXLG)

In the past three months, Destination XL Group insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $115,909.00 in company stock. Only 30.80% of the stock of Destination XL Group is held by insiders. 57.21% of the stock of Destination XL Group is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Destination XL Group Stock Forecast, Price & News (NASDAQ:DXLG

The P/E ratio of Destination XL Group is -0.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Destination XL Group is -0.32, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Destination XL Group has a P/B Ratio of 0.25. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

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