Destination XL Group - DXLG Stock Forecast, Price & News

0 Wall Street analysts have issued 1-year target prices for Destination XL Group's stock. 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 year. This suggests a possible upside of 36.9% from the stock's current price.
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Destination XL Group's stock was trading at $6.75 at the start of the year. Since then, DXLG shares have increased by 5.5% and is now trading at $7.12.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, March 16th 2023.
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Destination XL Group, Inc. (NASDAQ:DXLG) announced its quarterly earnings data on Thursday, November, 17th. The company reported $0.16 earnings per share for the quarter. The business earned $129.67 million during the quarter. Destination XL Group had a net margin of 16.94% and a trailing twelve-month return on equity of 59.46%.

Destination XL Group updated its FY 2022 earnings guidance on Saturday, December, 17th. The company provided EPS guidance of for the period. The company issued revenue guidance of $535.00 million-$545.00 million, compared to the consensus revenue estimate of $533.30 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 a number of institutional and retail investors. Top institutional shareholders include Allspring Global Investments Holdings LLC (1.11%), CFM Wealth Partners LLC (0.02%) and Concourse Financial Group Securities Inc. (0.00%). 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 $7.12.

Destination XL Group (NASDAQ:DXLG) has a market capitalization of $439.73 million and generates $505.02 million in revenue each year. The company earns $56.71 million in net income (profit) each year or $1.35 on an earnings per share basis.

The company employs 1,353 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.