NASDAQ:DXLGDestination XL Group Stock Price, Forecast & News

$0.42

+0.00 (+0.71 %)

(As of 05/25/2020 04:00 PM ET)

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Today's Range

$0.40

Now: $0.42▼

$0.45

50-Day Range

$0.27

MA: $0.36▼

$0.43

52-Week Range

$0.22

Now: $0.42▼

$1.98

Volume234,900 shs

Average Volume253,281 shs

Market Capitalization$21.44 million

P/E RatioN/A

Dividend YieldN/A

Beta1.58

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing. It also provides sportswear and loungewear, jeanswear, sportcoats, dress shirts, neckwear, tailored-related separates, blazers, dress slacks, vintage-screen T-shirts and wovens, camp shirts, printed woven shirts, and relaxed island-inspired pants under various private labels. In addition, it is involved in the development and wholesale distribution of apparel to retailers. The company offers its products under the Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, Casual Male XL outlets, and Rochester Clothing brands. It operates 216 DXL retail stores, 15 DXL outlet stores, 66 Casual Male XL retail stores, 30 Casual Male XL outlet stores, and 5 Rochester Clothing stores; and www.dxl.com. 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 founded in 1976 and is headquartered in Canton, Massachusetts.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
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.
Price Target Upside/Downside
According to analysts' consensus price target of $3.00, Destination XL Group has a potential upside of 608.5% from its current price of $0.42.
Amount of Analyst Coverage
Destination XL Group has only been the subject of 1 research reports in the past 90 days.

2.2 Community Rank

Outperform Votes
Destination XL Group has received 200 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Destination XL Group has received 264 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Destination XL Group has received 56.90% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Destination XL Group and other stocks. Vote “Outperform” if you believe DXLG will outperform the S&P 500 over the long term. Vote “Underperform” if you believe DXLG will underperform the S&P 500 over the long term. You may vote once every thirty days.

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.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Destination XL Group insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 29.10% of the stock of Destination XL Group is held by insiders.
Percentage Held by Institutions
57.73% 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.

0.6 Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Destination XL Group is -2.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Destination XL Group is -2.82, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Destination XL Group has a P/B Ratio of 0.37. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.47 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Family clothing stores

Sub-IndustryApparel Retail

SectorRetail/Wholesale

Current SymbolNASDAQ:DXLG

Previous SymbolNASDAQ:CMRG

CUSIP25065K10

CIK813298

Webwww.destinationxl.com

Phone781-828-9300

Debt

Debt-to-Equity Ratio3.37

Current Ratio0.95

Quick Ratio0.16

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$474.04 million

Price / Sales0.05

Cash Flow$0.43 per share

Price / Cash Flow0.99

Book Value$1.16 per share

Price / Book0.37

Profitability

EPS (Most Recent Fiscal Year)N/A

Net Income$-7,800,000.00

Net Margins-1.64%

Return on Equity-5.35%

Return on Assets-0.76%

Miscellaneous

Employees2,353

Outstanding Shares50,635,000

Market Cap$21.44 million

Next Earnings Date6/4/2020 (Confirmed)

OptionableOptionable

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Destination XL Group (NASDAQ:DXLG) Frequently Asked Questions

How has Destination XL Group's stock been impacted by COVID-19 (Coronavirus)?

Destination XL Group's stock was trading at $0.4601 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DXLG stock has decreased by 8.0% and is now trading at $0.4234. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of 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." View analyst ratings for Destination XL Group.

When is Destination XL Group's next earnings date?

Destination XL Group is scheduled to release its next quarterly earnings announcement on Thursday, June 4th 2020. View our earnings forecast for Destination XL Group.

How can I listen to Destination XL Group's earnings call?

Destination XL Group will be holding an earnings conference call on Thursday, June 4th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

How were Destination XL Group's earnings last quarter?

Destination XL Group Inc (NASDAQ:DXLG) released its quarterly earnings results on Thursday, March, 19th. The specialty retailer reported $0.05 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.05. The specialty retailer earned $131.24 million during the quarter. Destination XL Group had a negative net margin of 1.64% and a negative return on equity of 5.35%. View Destination XL Group's earnings history.

What price target have analysts set for DXLG?

1 analysts have issued 12 month price targets for Destination XL Group's stock. Their forecasts range from $3.00 to $3.00. On average, they anticipate Destination XL Group's stock price to reach $3.00 in the next year. This suggests a possible upside of 608.5% from the stock's current price. View analysts' price targets for Destination XL Group.

Has Destination XL Group been receiving favorable news coverage?

Media coverage about DXLG stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Destination XL Group earned a daily sentiment score of 2.0 on InfoTrie's scale. They also gave media headlines about the specialty retailer a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an impact on the stock's share price in the next several days. View the latest news aboutDestination XL Group.

Are investors shorting Destination XL Group?

Destination XL Group saw a decrease in short interest during the month of April. As of April 30th, there was short interest totaling 902,000 shares, a decrease of 11.6% from the April 15th total of 1,020,000 shares. Based on an average trading volume of 124,600 shares, the days-to-cover ratio is presently 7.2 days. Currently, 2.1% of the company's stock are short sold. View Destination XL Group's Current Options Chain.

Who are some of Destination XL Group's key competitors?

Some companies that are related to Destination XL Group include TJX Companies (TJX), Ross Stores (ROST), GAP (GPS), Foot Locker (FL), Urban Outfitters (URBN), American Eagle Outfitters (AEO), Abercrombie & Fitch (ANF), Buckle (BKE), Childrens Place (PLCE), Zumiez (ZUMZ), Guess? (GES), Designer Brands (DBI), Shoe Carnival (SCVL), Caleres (CAL) and Genesco (GCO). View all competitors.

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 Xilinx (XLNX), Actinium Pharmaceuticals (ATNM), Ford Motor (F), General Electric (GE), Boeing (BA), Bank of America (BAC), Civeo (CVEO), Walt Disney (DIS), FuelCell Energy (FCEL) and IBM (IBM).

Who are Destination XL Group's key executives?

Destination XL Group's management team includes the following people:

Mr. Peter H. Stratton Jr., Exec. VP, CFO & Treasurer (Age 47)
Mr. Brian S. Reaves, Exec. VP & Chief Operating Officer (Age 58)
Mr. Robert S. Molloy, Sr. VP, Chief Admin. Officer, Gen. Counsel & Sec. (Age 59)
Mr. Harvey S. Kanter, Pres, CEO & Director (Age 57)
Mr. John F. Cooney, Chief Accounting Officer, MD, VP of Fin. & Corp. Controller (Age 36)

What is Destination XL Group's stock symbol?

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

Who are Destination XL Group's major shareholders?

Destination XL Group's stock is owned by a number of institutional and retail investors. Top institutional investors include Red Mountain Capital Partners LLC (16.64%), Prescott Group Capital Management L.L.C. (7.96%) and Signia Capital Management LLC (2.87%). Company insiders that own Destination XL Group stock include Anthony Gaeta, Brian Reaves, Cannell Capital Llc, Harvey S Kanter, Justin Dye, Lionel F Conacher, Mitchell Presser, Peter H Jr Stratton, Prescott Group Capital Managem, Robert S Molloy, Seymour Holtzman and Willem Mesdag. View institutional ownership trends for Destination XL Group.

Which institutional investors are selling Destination XL Group stock?

DXLG stock was sold by a variety of institutional investors in the last quarter, including Signia Capital Management LLC, and Prescott Group Capital Management L.L.C.. View insider buying and selling activity for Destination XL Group.

Which institutional investors are buying Destination XL Group stock?

DXLG stock was acquired by a variety of institutional investors in the last quarter, including Red Mountain Capital Partners LLC. Company insiders that have bought Destination XL Group stock in the last two years include Anthony Gaeta, Brian Reaves, Cannell Capital Llc, Harvey S Kanter, Justin Dye, Lionel F Conacher, Mitchell Presser, Peter H Jr Stratton, Robert S Molloy, Seymour Holtzman, and Willem Mesdag. View insider buying and selling activity for Destination XL Group.

How do I buy shares of 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, Robinhood, Fidelity, and Charles Schwab.

What is Destination XL Group's stock price today?

One share of DXLG stock can currently be purchased for approximately $0.42.

How big of a company is Destination XL Group?

Destination XL Group has a market capitalization of $21.44 million and generates $474.04 million in revenue each year. Destination XL Group employs 2,353 workers across the globe.

What is Destination XL Group's official website?

The official website for Destination XL Group is www.destinationxl.com.

How can I contact Destination XL Group?

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]

This page was last updated on 5/26/2020 by MarketBeat.com Staff