Destination XL Group (NASDAQ:DXLG - Get Free Report) updated its FY 2024 earnings guidance on Monday. The company provided earnings per share guidance of 0.070-0.090 for the period, compared to the consensus earnings per share estimate of 0.090. The company issued revenue guidance of $467.0 million-$470.0 million, compared to the consensus revenue estimate of $468.8 million.
Wall Street Analyst Weigh In
Several research firms recently weighed in on DXLG. DA Davidson cut their price target on shares of Destination XL Group from $3.50 to $3.00 and set a "buy" rating on the stock in a report on Tuesday, December 24th. StockNews.com cut shares of Destination XL Group from a "buy" rating to a "hold" rating in a report on Friday, October 4th.
Get Our Latest Research Report on Destination XL Group
Destination XL Group Stock Performance
DXLG traded down $0.13 during midday trading on Monday, reaching $2.50. The company had a trading volume of 70,812 shares, compared to its average volume of 214,056. The stock has a market cap of $135.78 million, a PE ratio of 16.67 and a beta of 1.30. Destination XL Group has a 12-month low of $2.15 and a 12-month high of $4.51. The business has a 50-day moving average price of $2.63 and a two-hundred day moving average price of $2.89.
Destination XL Group (NASDAQ:DXLG - Get Free Report) last released its earnings results on Friday, November 22nd. The company reported ($0.03) earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by ($0.06). Destination XL Group had a net margin of 1.98% and a return on equity of 7.21%. During the same quarter in the previous year, the firm earned $0.06 earnings per share.
Destination XL Group Company Profile
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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.
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