NASDAQ:DXLG - Destination XL Group Stock Price, News, & Analysis

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

Destination XL Group announced that its Board of Directors has authorized a stock repurchase plan on Thursday, April 6th 2017, which authorizes the company to repurchase $12,000,000.00 in shares, according to EventVestor. This repurchase authorization authorizes the company to buy up to 10.3% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Destination XL Group Inc (NASDAQ:DXLG) issued its earnings results on Thursday, August, 30th. The specialty retailer reported $0.01 earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.07. The specialty retailer earned $122.21 million during the quarter. Destination XL Group had a negative net margin of 2.81% and a negative return on equity of 11.69%. View Destination XL Group's Earnings History.

Destination XL Group is scheduled to release their next quarterly earnings announcement on Friday, November, 16th 2018. View Earnings Estimates for Destination XL Group.

2 Wall Street analysts have issued twelve-month price objectives for Destination XL Group's stock. Their predictions range from $4.00 to $4.00. On average, they expect Destination XL Group's share price to reach $4.00 in the next year. This suggests a possible upside of 63.3% from the stock's current price. View Analyst Price Targets for Destination XL Group.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Destination XL Group in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Destination XL Group.

Some companies that are related to Destination XL Group include TJX Companies (TJX), Ross Stores (ROST), Viacom, Inc. Class A (VIA), Nordstrom (JWN), GAP (GPS), 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).

Press coverage about DXLG stock has trended somewhat positive this week, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Destination XL Group earned a news impact score of 0.18 on Accern's scale. They also assigned media stories about the specialty retailer an impact score of 46.57 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future. View Recent Headlines for Destination XL Group.

Destination XL Group's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Prescott Group Capital Management L.L.C. (12.24%), Cannell Capital LLC (9.55%), ICM Asset Management Inc. WA (3.36%) and Roumell Asset Management LLC (1.91%). Company insiders that own Destination XL Group stock include Angela Chan, Sahal S Laher, Seymour Holtzman and Willem Mesdag. View Institutional Ownership Trends for Destination XL Group.

DXLG stock was acquired by a variety of institutional investors in the last quarter, including Prescott Group Capital Management L.L.C., Cannell Capital LLC, ICM Asset Management Inc. WA and Roumell Asset Management LLC. Company insiders that have bought Destination XL Group stock in the last two years include Angela Chan, Seymour Holtzman and Willem Mesdag. View Insider Buying and Selling for Destination XL Group.

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 $2.45.

Destination XL Group has a market capitalization of $130.63 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]