NASDAQ:DXLG

Destination XL Group (DXLG) Stock Forecast, Price & News

$4.43

-0.09 (-1.99%)

(As of 01:44 PM ET)

Compare

Today's Range: $4.39
▼
$4.66
50-Day Range: $4.14
▼
$5.19
52-Week Range: $3.68
▼
$7.57

Volume: 182,802 shs
Average Volume: 610,468 shs
Market Capitalization: $267.53 million

P/E Ratio: 7.64
Dividend Yield: N/A
Price Target: $9.75

Destination XL Group MarketRank™ Forecast

Analyst Rating: 0.00 Rating Score
Upside/Downside: 120.6% Upside
$9.75 Price Target
Short Interest: Bearish
5.70% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.61
Based on 6 Articles This Week
Insider Trading: Acquiring Shares
$199,750 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.80 out of 5 stars

Retail/Wholesale Sector

166th out of 214 stocks

Family Clothing Stores Industry

9th out of 11 stocks

2.0

Analyst's Opinion

Price Target Upside/Downside
According to analysts' consensus price target of $9.75, Destination XL Group has a forecasted upside of 120.6% from its current price of $4.42.
Amount of Analyst Coverage
Destination XL Group has received no research coverage in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
5.70% of the float of Destination XL Group has been sold short.
Short Interest Ratio / Days to Cover
Destination XL Group has a short interest ratio ("days to cover") of 6.6.
Change versus previous month
Short interest in Destination XL Group has recently increased by 8.33%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DXLG.

2.6

News and Social Media Coverage

News Sentiment
Destination XL Group has a news sentiment score of 0.61. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 6 news articles for Destination XL Group this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Destination XL Group to their MarketBeat watchlist in the last 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Destination XL Group insiders have bought more of their company's stock than they have sold. Specifically, they have bought $199,750.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
10.80% of the stock of Destination XL Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
76.01% 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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Destination XL Group is 7.62, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 111.99.
Price to Earnings Ratio vs. Sector
The P/E ratio of Destination XL Group is 7.62, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 15.01.
Price to Book Value per Share Ratio
Destination XL Group has a P/B Ratio of 1.99. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Destination XL Group (NASDAQ:DXLG) Stock

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States and Canada. Its stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing. It also provides tailored-related separates, blazers, dress slacks, dress shirts, and suits; and vintage-screen T-shirts and wovens under various private labels. The company offers its products under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets. The company was formerly known as Casual Male Retail Group, Inc. and changed its name to Destination XL Group, Inc. in February 2013. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts.

DXLG Price History

30 days | 90 days | 365 days | Advanced Chart

DXLG Stock News Headlines

October 2, 2023 | finance.yahoo.com

UNTUCKit and DXL, the nation's leading Big + Tall Retailer for Men, Announce Collaborative Collection

September 30, 2023 | benzinga.com

New DXL Store in Queens Gives Big + Tall Men More Style Options Than Ever Before

October 3, 2023 | Chaikin Analytics (Ad)

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September 18, 2023 | finance.yahoo.com

What Is Destination XL Group, Inc.'s (NASDAQ:DXLG) Share Price Doing?

August 31, 2023 | benzinga.com

Destination XL Group Recent Insider Activity

August 25, 2023 | finance.yahoo.com

Destination XL Group, Inc. (NASDAQ:DXLG) Q2 2023 Earnings Call Transcript

August 25, 2023 | markets.businessinsider.com

Destination XL (DXLG) Gets a Buy from D.A. Davidson

August 23, 2023 | markets.businessinsider.com

Craig-Hallum Reaffirms Their Buy Rating on Destination XL (DXLG)

October 3, 2023 | Chaikin Analytics (Ad)

This is the #1 Stock to Buy for the AI Tidal Wave

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August 15, 2023 | finance.yahoo.com

Destination XL Group, Inc. Announces Employment Contract Extension with Harvey S. Kanter to Continue as its President and Chief Executive Officer Until August 2026

August 12, 2023 | finance.yahoo.com

Here's Why Destination XL Group (NASDAQ:DXLG) Has Caught The Eye Of Investors

July 31, 2023 | finance.yahoo.com

Destination XL Group, Inc. to Announce Second Quarter 2023 Financial Results on August 24, 2023

July 28, 2023 | finance.yahoo.com

Is Destination XL Group, Inc.'s (NASDAQ:DXLG) Latest Stock Performance A Reflection Of Its Financial Health?

July 25, 2023 | finance.yahoo.com

DXLG - Destination XL Group, Inc.

June 12, 2023 | msn.com

Destination XL Group: Compelling Story But Wait For More

June 11, 2023 | msn.com

Destination XL Group: Attractive Valuation, But Still Not The Best Time To Buy

June 4, 2023 | finance.yahoo.com

Destination XL Group (NASDAQ:DXLG) shareholders have earned a 100% CAGR over the last three years

June 4, 2023 | finance.yahoo.com

Destination XL Group (NASDAQ:DXLG) shareholders have earned a 100% CAGR over the last three years

May 26, 2023 | markets.businessinsider.com

Destination XL (DXLG) Receives a Buy from D.A. Davidson

May 25, 2023 | msn.com

Destination XL Group: Q1 Earnings Insights

May 24, 2023 | markets.businessinsider.com

Destination XL Group is about to announce its earnings — here's what to expect

May 24, 2023 | msn.com

Destination XL Q1 2024 Earnings Preview

May 24, 2023 | markets.businessinsider.com

Analysts Offer Insights on Consumer Goods Companies: Stryve Foods (SNAX), Treasury Wine Estates Limited (OtherTSRYF) and Destination XL (DXLG)

May 4, 2023 | finance.yahoo.com

Destination XL Group, Inc. to Announce First Quarter 2023 Financial Results on May 25, 2023

April 1, 2023 | finance.yahoo.com

What Does Destination XL Group, Inc.'s (NASDAQ:DXLG) Share Price Indicate?

March 18, 2023 | seekingalpha.com

Destination XL Group, Inc. (DXLG) Q4 2022 Earnings Call Transcript

March 18, 2023 | finance.yahoo.com

Is Destination XL Group, Inc. (NASDAQ:DXLG) Trading At A 23% Discount?

See More Headlines

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DXLG Company Calendar

Last Earnings: 8/24/2023
Today: 10/03/2023
Next Earnings (Estimated): 11/16/2023
Fiscal Year End: 1/31/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Family clothing stores
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NASDAQ:DXLG
CUSIP: N/A
CIK: 813298
Web: www.dxl.com
Phone: (781) 828-9300
Fax: 781-575-9866
Employees: 1,480
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $9.75
High Stock Price Forecast: $10.50
Low Stock Price Forecast: $9.00
Forecasted Upside/Downside: +120.1%
Consensus Rating
Rating Score (0-4): 0.00
Research Coverage: 0 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.58
Trailing P/E Ratio: 7.64
Forward P/E Ratio: 8.05
P/E Growth: N/A
Net Income: $89.12 million
Net Margins: 6.94%
Pretax Margin: 8.97%
Return on Equity: 28.95%
Return on Assets: 11.67%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.83
Quick Ratio: 0.82

Sales & Book Value

Annual Sales: $545.84 million
Price / Sales: 0.49
Cash Flow: $1.10 per share
Price / Cash Flow: 4.01
Book Value: $2.22 per share
Price / Book: 2.00

Miscellaneous

Outstanding Shares: 60,390,000
Free Float: 53,868,000
Market Cap: $267.53 million
Optionable: Optionable
Beta: 1.41

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Key Executives

Mr. Harvey S. Kanter (Age 61)
Pres, CEO & Director
Comp: $3.39M

Mr. Peter H. Stratton Jr. (Age 51)
Exec. VP, CFO & Treasurer
Comp: $958.6k

Mr. Robert S. Molloy (Age 63)
Gen. Counsel & Sec.
Comp: $848.18k

Mr. Anthony J. Gaeta (Age 52)
Chief Stores & Real Estate Officer
Comp: $696.71k

Ms. Allison Surette (Age 42)
Chief Merchandising Officer
Comp: $689.18k

Mr. John F. Cooney (Age 40)
Sr. VP, Corp. Controller & Chief Accounting Officer

Mr. Jim Reath (Age 51)
Chief Marketing Officer

Ms. Stacey A. Jones (Age 52)
Chief HR Officer

Mr. Francis C. Chane (Age 60)
Sr. VP of Supply Chain & Customer Fulfillment

Mr. Jonathan Sainsbury (Age 44)
Chief Digital & Analytics Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DXLG Stock - Frequently Asked Questions

What is Destination XL Group's stock price forecast for 2023?: 0 analysts have issued 1 year target prices for Destination XL Group's shares. Their DXLG share price forecasts range from $9.00 to $10.50. On average, they expect the company's stock price to reach $9.75 in the next twelve months. This suggests a possible upside of 120.1% from the stock's current price.
View analysts price targets for DXLG or view top-rated stocks among Wall Street analysts.
How have DXLG shares performed in 2023?: Destination XL Group's stock was trading at $6.75 on January 1st, 2023. Since then, DXLG stock has decreased by 34.4% and is now trading at $4.43.
View the best growth stocks for 2023 here.
Are investors shorting Destination XL Group?: Destination XL Group saw a increase in short interest during the month of September. As of September 15th, there was short interest totaling 3,250,000 shares, an increase of 8.3% from the August 31st total of 3,000,000 shares. Based on an average trading volume of 489,200 shares, the short-interest ratio is currently 6.6 days. Currently, 5.7% of the shares of the stock are sold short.
View Destination XL Group's Short Interest.
When is Destination XL Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, November 16th 2023.
View our DXLG earnings forecast.
How were Destination XL Group's earnings last quarter?: Destination XL Group, Inc. (NASDAQ:DXLG) issued its earnings results on Thursday, August, 24th. The company reported $0.23 earnings per share for the quarter, topping analysts' consensus estimates of $0.18 by $0.05. The company had revenue of $140.04 million for the quarter. Destination XL Group had a net margin of 6.94% and a trailing twelve-month return on equity of 28.95%.
What ETF holds Destination XL Group's stock ?: Invesco DWA SmallCap Momentum ETF holds 2,138,810 shares of DXLG stock, representing 1.49% of its portfolio.

What guidance has Destination XL Group issued on next quarter's earnings?: Destination XL Group updated its FY 2023 earnings guidance on Thursday, August, 24th. The company provided earnings per share guidance of $0.51-$0.59 for the period, compared to the consensus EPS estimate of $0.57. The company issued revenue guidance of $535.00 million-$545.00 million, compared to the consensus revenue estimate of $546.11 million.
What other stocks do shareholders of Destination XL Group own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Destination XL Group investors own include Dolphin Entertainment (DLPN), Onconova Therapeutics (ONTX), Adamis Pharmaceuticals (ADMP), Advanced Micro Devices (AMD), Biocept (BIOC), Nuwellis (CHFS), OpGen (OPGN), Xilinx (XLNX), Acasti Pharma (ACST) and Ford Motor (F).
What is Destination XL Group's stock symbol?: Destination XL Group trades on the NASDAQ under the ticker symbol "DXLG."
How do I buy shares of Destination XL Group?: Shares of DXLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Destination XL Group's stock price today?: One share of DXLG stock can currently be purchased for approximately $4.43.
How much money does Destination XL Group make?: Destination XL Group (NASDAQ:DXLG) has a market capitalization of $267.53 million and generates $545.84 million in revenue each year. The company earns $89.12 million in net income (profit) each year or $0.58 on an earnings per share basis.
How many employees does Destination XL Group have?: The company employs 1,480 workers across the globe.
How can I contact Destination XL Group?: Destination XL Group's mailing address is 555 Turnpike Street, Canton MA, 02021. The official website for the company is www.dxl.com. The company can be reached via phone at (781) 828-9300, via email at investor.relations@dxlg.com, or via fax at 781-575-9866.

This page (NASDAQ:DXLG) was last updated on 10/3/2023 by MarketBeat.com Staff

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