NASDAQ:DXLG - Destination XL Group Stock Price, Price Target & More

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

Destination XL Group declared that its Board of Directors has initiated a stock buyback plan on Thursday, April 6th 2017, which authorizes the company to repurchase $12,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.3% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is undervalued.

Destination XL Group Inc (NASDAQ:DXLG) announced its quarterly earnings results on Wednesday, May, 30th. The specialty retailer reported ($0.05) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.09. The specialty retailer had revenue of $113.33 million for the quarter. Destination XL Group had a negative net margin of 3.35% and a negative return on equity of 14.81%. View Destination XL Group's Earnings History.

Destination XL Group is scheduled to release their next quarterly earnings announcement on Wednesday, August, 22nd 2018. View Earnings Estimates for Destination XL Group.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Destination XL Group in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Destination XL Group include TJX Companies (TJX), Ross Stores (ROST), Viacom, Inc. Class A (VIA), GAP (GPS), Nordstrom (JWN), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Childrens Place (PLCE), Abercrombie & Fitch (ANF), Buckle (BKE), Lands' End (LE), Stein Mart (SMRT) and Stage Stores (SSI).

Headlines about DXLG stock have trended somewhat positive on Monday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Destination XL Group earned a news sentiment score of 0.14 on Accern's scale. They also gave news headlines about the specialty retailer an impact score of 45.95 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.

Shares of DXLG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of DXLG stock can currently be purchased for approximately $2.2450.

Destination XL Group has a market capitalization of $110.04 million and generates $467.98 million in revenue each year. The specialty retailer earns $-18,820,000.00 in net income (profit) each year or ($0.26) on an earnings per share basis. Destination XL Group employs 2,634 workers across the globe.

Destination XL Group's mailing address is 555 Turnpike Street, Canton MA, 02021. The specialty retailer can be reached via phone at 781-828-9300 or via email at [email protected]