Destination XL Group - DXLG Stock Forecast, Price & News

0 equities research analysts have issued 12 month price objectives for Destination XL Group's stock. Their DXLG share price forecasts range from $9.00 to $10.50. On average, they predict the company's stock price to reach $9.75 in the next twelve months. This suggests a possible upside of 87.9% from the stock's current price.
View analysts price targets for DXLG or view top-rated stocks among Wall Street analysts.

Destination XL Group's stock was trading at $6.75 on January 1st, 2023. Since then, DXLG stock has decreased by 23.1% and is now trading at $5.19.
View the best growth stocks for 2023 here.

Destination XL Group saw a decrease in short interest in February. As of February 28th, there was short interest totaling 3,760,000 shares, a decrease of 9.2% from the February 13th total of 4,140,000 shares. Based on an average daily trading volume, of 564,800 shares, the days-to-cover ratio is presently 6.7 days. Currently, 6.6% of the shares of the company are sold short.
View Destination XL Group's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 25th 2023.
View our DXLG earnings forecast.

Destination XL Group, Inc. (NASDAQ:DXLG) released its quarterly earnings results on Wednesday, November, 17th. The company reported $0.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.07 by $0.13. The firm earned $121.49 million during the quarter. Destination XL Group had a trailing twelve-month return on equity of 47.62% and a net margin of 16.33%.

ETFs with the largest weight of Destination XL Group (NASDAQ:DXLG) stock in their portfolio include Invesco DWA SmallCap Momentum ETF (DWAS), First Trust Dow Jones Select Microcap Index Fund (FDM) and AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC).

Destination XL Group issued an update on its FY 2023 earnings guidance on Thursday, March, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $550.00 million-$570.00 million, compared to the consensus revenue estimate of $582.99 million.

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).

Destination XL Group trades on the NASDAQ under the ticker symbol "DXLG."

Destination XL Group's stock is owned by many different retail and institutional investors. Top institutional shareholders include AWM Investment Company Inc. (15.52%), Fund 1 Investments LLC (2.77%), Pacific Ridge Capital Partners LLC (1.97%), Geode Capital Management LLC (1.69%), Manatuck Hill Partners LLC (1.61%) and Dimensional Fund Advisors LP (1.53%). Insiders that own company stock include Anthony Gaeta, Awm Investment Company, Inc, Cannell Capital Llc, Elaine Rubin, Francis C Chane, Harvey S Kanter, Ivy Ross, Jack Boyle, John F Cooney, Peter H Jr Stratton, Robert S Molloy and Ujjwal Dhoot.
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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.
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One share of DXLG stock can currently be purchased for approximately $5.19.

Destination XL Group (NASDAQ:DXLG) has a market capitalization of $325.00 million and generates $545.84 million in revenue each year. The company earns $89.12 million in net income (profit) each year or $1.34 on an earnings per share basis.

The company employs 1,480 workers across the globe.

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.