Should I buy or sell Destination XL Group stock right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Destination XL Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DXLG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DXLG, but not buy additional shares or sell existing shares. View DXLG analyst ratings or view top-rated stocks .

What is Destination XL Group's stock price target for 2024?

1 Wall Street research analysts have issued 12 month price targets for Destination XL Group's stock. Their DXLG share price targets range from $4.50 to $4.50. On average, they anticipate the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 38.0% from the stock's current price. View analysts price targets for DXLG or view top-rated stocks among Wall Street analysts .

How have DXLG shares performed in 2024?

Destination XL Group's stock was trading at $4.40 at the beginning of the year. Since then, DXLG shares have decreased by 25.9% and is now trading at $3.26. View the best growth stocks for 2024 here .

Are investors shorting Destination XL Group?

Destination XL Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,510,000 shares, an increase of 5.4% from the March 15th total of 4,280,000 shares. Based on an average daily trading volume, of 310,900 shares, the days-to-cover ratio is presently 14.5 days. Currently, 8.8% of the company's shares are short sold. View Destination XL Group's Short Interest .

When is Destination XL Group's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024. View our DXLG earnings forecast .

How were Destination XL Group's earnings last quarter?

Destination XL Group, Inc. (NASDAQ:DXLG) released its quarterly earnings data on Thursday, March, 21st. The company reported $0.10 EPS for the quarter. The firm had revenue of $137.14 million for the quarter. Destination XL Group had a net margin of 5.34% and a trailing twelve-month return on equity of 21.84%.

What ETF holds Destination XL Group's stock?

Invesco DWA SmallCap Momentum ETF holds 2,138,810 shares of DXLG stock, representing 1.49% of its portfolio.

What guidance has Destination XL Group issued on next quarter's earnings?

Destination XL Group issued an update on its FY 2024 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $500.0 million-$530.0 million, compared to the consensus revenue estimate of $524.7 million.

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 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) .

How do I buy shares of Destination XL Group?

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

NASDAQ:DXLG

Destination XL Group (DXLG) Stock Price, News & Analysis

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$3.26

+0.10 (+3.16%)

(As of 04/19/2024 ET)

Compare

Today's Range: $3.15
▼
$3.27
50-Day Range: $3.16
▼
$4.04
52-Week Range: $3.15
▼
$5.36

Volume: 484,624 shs
Average Volume: 316,259 shs
Market Capitalization: $189.05 million

P/E Ratio: 7.58
Dividend Yield: N/A
Price Target: $4.50

Get Destination XL Group alerts:

Destination XL Group MarketRank™ Stock Analysis

Analyst Rating: Hold
2.00 Rating Score
Upside/Downside: 38.0% Upside
$4.50 Price Target
Short Interest: Bearish
8.83% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.76
Based on 4 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: N/A

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.68 out of 5 stars

Retail/Wholesale Sector

150th out of 195 stocks

Family Clothing Stores Industry

10th out of 10 stocks

3.0

Analyst's Opinion

Consensus Rating
Destination XL Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
Destination XL Group has received no research coverage in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
8.83% of the float of Destination XL Group has been sold short.
Short Interest Ratio / Days to Cover
Destination XL Group has a short interest ratio ("days to cover") of 14.5, which indicates bearish sentiment.
Change versus previous month
Short interest in Destination XL Group has recently increased by 5.37%, indicating that investor sentiment is decreasing significantly.

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.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for DXLG.

3.2

News and Social Media Coverage

News Sentiment
Destination XL Group has a news sentiment score of 0.76. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Destination XL Group this week, compared to 1 article on an average week.
MarketBeat Follows
1 people have added Destination XL Group to their MarketBeat watchlist in the last 30 days.

2.5

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
10.80% of the stock of Destination XL Group is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
73.49% 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.

1.3

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Destination XL Group is 7.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.31.
Price to Earnings Ratio vs. Sector
The P/E ratio of Destination XL Group is 7.58, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.02.
Price to Book Value per Share Ratio
Destination XL Group has a P/B Ratio of 1.32. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Destination XL Group Stock (NASDAQ:DXLG)

Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States. The company's stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing. It also provides vintage-screen T-shirts and wovens under various private labels. The company offers its products under the trade names of Destination XL, DXL, DXL Men's Apparel, DXL outlets, Casual Male XL, and Casual Male XL outlets. 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 incorporated in 1976 and is headquartered in Canton, Massachusetts.

DXLG Stock Price History

30 days | 90 days | 365 days | Advanced Chart

DXLG Stock News Headlines

April 18, 2024 | americanbankingnews.com

Short Interest in Destination XL Group, Inc. (NASDAQ:DXLG) Expands By 5.4%

April 16, 2024 | investorplace.com

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April 19, 2024 | Insiders Exposed (Ad)

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March 29, 2024 | seekingalpha.com

Destination XL Is Resilient, Has A Growth Plan, And Is Cheap At These Prices (Rating Upgrade)

March 24, 2024 | investing.com

Destination XL Group stock target cut to $3.50, hold rating kept amid Q4 release

March 24, 2024 | finance.yahoo.com

Destination XL Group Full Year 2024 Earnings: EPS Beats Expectations

March 23, 2024 | seekingalpha.com

Destination XL Group, Inc. (DXLG) Q4 2023 Earnings Call Transcript

March 22, 2024 | msn.com

Destination XL Group, Inc. (NASDAQ:DXLG) Q4 2023 Earnings Call Transcript

April 19, 2024 | Insiders Exposed (Ad)

The Hard Truth About Investing For Retirement

March 21, 2024 | markets.businessinsider.com

Craig-Hallum Keeps Their Hold Rating on Destination XL (DXLG)

March 21, 2024 | finance.yahoo.com

Destination XL Group Inc (DXLG) Reports Mixed Fiscal 2023 Results Amid Retail Challenges

March 21, 2024 | investorplace.com

DXLG Stock Earnings: Destination XL Group Beats EPS, Misses Revenue for Q4 2023

March 21, 2024 | washingtonpost.com

Destination XL: Fiscal Q4 Earnings Snapshot

March 21, 2024 | finance.yahoo.com

Destination XL Group, Inc. Reports Fiscal 2023 Fourth Quarter and Full-Year Financial Results

March 21, 2024 | globenewswire.com

Destination XL Group, Inc. Reports Fiscal 2023 Fourth Quarter and Full-Year Financial Results

March 20, 2024 | finance.yahoo.com

Destination XL Group, Inc. Hires Real Estate Advisory Firm Beta Agency to Expand Retail Footprint

March 19, 2024 | finance.yahoo.com

DXL Signs Barrett Hofherr & Mediassociates as Agencies of Record to Launch Brand Campaign

March 19, 2024 | money.usnews.com

Destination XL Group Inc

March 14, 2024 | wsj.com

Destination XL Group Inc.

March 14, 2024 | finance.yahoo.com

Destination XL Group Selects Mediassociates as Media Agency

March 12, 2024 | finance.yahoo.com

Destination XL Group (NASDAQ:DXLG) Might Have The Makings Of A Multi-Bagger

March 6, 2024 | seekingalpha.com

Destination XL Is Turning Around And Fairly Valued, But Not An Opportunity

February 25, 2024 | finance.yahoo.com

At US$4.01, Is Destination XL Group, Inc. (NASDAQ:DXLG) Worth Looking At Closely?

February 23, 2024 | globenewswire.com

Destination XL Group, Inc. to Announce Fourth Quarter and Fiscal 2023 Financial Results on March 21, 2024

February 17, 2024 | finance.yahoo.com

DXLG Mar 2024 7.500 call

February 8, 2024 | finance.yahoo.com

Destination XL Group's US$31m Market Cap Fall Books Insider Losses

February 2, 2024 | finance.yahoo.com

DXL's Newest Store in Pasadena, CA Gives Big + Tall Men More Style Options Than Ever Before

See More Headlines

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Company Calendar

Last Earnings: 3/21/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/23/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Family clothing stores
Sub-Industry: N/A
Current Symbol: NASDAQ:DXLG
CUSIP: N/A
CIK: 813298
Web: www.dxl.com
Phone: (781) 828-9300
Fax: 781-575-9866
Employees: 1,439
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.50
High Stock Price Target: $4.50
Low Stock Price Target: $4.50
Potential Upside/Downside: +39.3%
Consensus Rating: Hold
Rating Score (0-4): 2.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.43
Trailing P/E Ratio: 7.51
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $27.85 million
Net Margins: 5.34%
Pretax Margin: 7.36%
Return on Equity: 21.84%
Return on Assets: 9.10%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.71
Quick Ratio: 0.80

Sales & Book Value

Annual Sales: $521.82 million
Price / Sales: 0.36
Cash Flow: $0.77 per share
Price / Cash Flow: 4.18
Book Value: $2.47 per share
Price / Book: 1.31

Miscellaneous

Outstanding Shares: 57,990,000
Free Float: 51,726,000
Market Cap: $187.31 million
Optionable: Optionable
Beta: 1.30

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Key Executives

Mr. Harvey S. Kanter (Age 62)
President, CEO & Director
Comp: $3.39M
Mr. Peter H. Stratton Jr. (Age 52)
Executive VP, CFO & Treasurer
Comp: $958.6k
Mr. Robert S. Molloy (Age 64)
General Counsel & Secretary
Comp: $848.18k
Mr. Anthony J. Gaeta (Age 53)
Chief Stores & Real Estate Officer
Comp: $696.71k
Ms. Allison Surette (Age 43)
Chief Merchandising Officer
Comp: $689.18k
Mr. John F. Cooney (Age 41)
Senior VP, Corporate Controller & Chief Accounting Officer
Robert A. Bogan
Chief Technology Officer
Mr. Jim Reath (Age 52)
Chief Marketing Officer
Ms. Stacey A. Jones (Age 53)
Chief Human Resources Officer
Mr. Francis C. Chane (Age 61)
Senior Vice President of Supply Chain & Customer Fulfillment
Comp: $368.67k

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

DXLG Stock Analysis - Frequently Asked Questions

Should I buy or sell Destination XL Group stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Destination XL Group in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DXLG shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DXLG, but not buy additional shares or sell existing shares.
View DXLG analyst ratings or view top-rated stocks.
What is Destination XL Group's stock price target for 2024?: 1 Wall Street research analysts have issued 12 month price targets for Destination XL Group's stock. Their DXLG share price targets range from $4.50 to $4.50. On average, they anticipate the company's stock price to reach $4.50 in the next twelve months. This suggests a possible upside of 38.0% from the stock's current price.
View analysts price targets for DXLG or view top-rated stocks among Wall Street analysts.
How have DXLG shares performed in 2024?: Destination XL Group's stock was trading at $4.40 at the beginning of the year. Since then, DXLG shares have decreased by 25.9% and is now trading at $3.26.
View the best growth stocks for 2024 here.
Are investors shorting Destination XL Group?: Destination XL Group saw a increase in short interest in the month of March. As of March 31st, there was short interest totaling 4,510,000 shares, an increase of 5.4% from the March 15th total of 4,280,000 shares. Based on an average daily trading volume, of 310,900 shares, the days-to-cover ratio is presently 14.5 days. Currently, 8.8% of the company's shares are short sold.
View Destination XL Group's Short Interest.
When is Destination XL Group's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 23rd 2024.
View our DXLG earnings forecast.
How were Destination XL Group's earnings last quarter?: Destination XL Group, Inc. (NASDAQ:DXLG) released its quarterly earnings data on Thursday, March, 21st. The company reported $0.10 EPS for the quarter. The firm had revenue of $137.14 million for the quarter. Destination XL Group had a net margin of 5.34% and a trailing twelve-month return on equity of 21.84%.

What ETF holds Destination XL Group's stock?: Invesco DWA SmallCap Momentum ETF holds 2,138,810 shares of DXLG stock, representing 1.49% of its portfolio.
What guidance has Destination XL Group issued on next quarter's earnings?: Destination XL Group issued an update on its FY 2024 earnings guidance on Thursday, March, 21st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $500.0 million-$530.0 million, compared to the consensus revenue estimate of $524.7 million.
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 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).
How do I buy shares of Destination XL Group?: Shares of DXLG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:DXLG) was last updated on 4/19/2024 by MarketBeat.com Staff

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