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

Company Overview

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.

Key Stats

• Today's Range: $2.74 to $3.01
• 50-Day Range: $2.60 to $3.02
• 52-Week Range: $2.19 to $4.76
• Volume: 345,368 shs
• Average Volume: 222,177 shs
• Market Capitalization: $165.46 million
• P/E Ratio: 11.83
• Dividend Yield: N/A
• Price Target: $3.50
• Consensus Rating: Moderate Buy

Destination XL Group Stock Analysis - MarketRank™

Destination XL Group scored higher than 26% of companies evaluated by MarketBeat, and ranked 186th out of 216 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Destination XL Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Destination XL Group has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Destination XL Group is 11.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.87.

Price to Earnings Ratio vs. Sector

The P/E ratio of Destination XL Group is 11.83, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 96.48.

Price to Book Value per Share Ratio

Destination XL Group has a P/B Ratio of 1.15. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

8.90% 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 13.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Destination XL Group has recently increased by 10.30%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

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.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

8.90% 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 13.1, which indicates bearish sentiment.

Change versus previous month

Short interest in Destination XL Group has recently increased by 10.30%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.51

News Sentiment

Destination XL Group has a news sentiment score of 0.51. 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 lower news sentiment than the 0.66 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.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: N/A

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

12.40% 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.

DXLG Stock Analysis - Frequently Asked Questions

How have DXLG shares performed this year?

Destination XL Group's stock was trading at $4.40 at the start of the year. Since then, DXLG stock has decreased by 35.5% and is now trading at $2.84.
View the best growth stocks for 2024 here.

How were Destination XL Group's earnings last quarter?

Destination XL Group, Inc. (NASDAQ:DXLG) issued its quarterly earnings results on Thursday, August, 29th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.09 by $0.05. The business had revenue of $124.82 million for the quarter. Destination XL Group had a trailing twelve-month return on equity of 11.10% and a net margin of 3.11%.

Who are Destination XL Group's major shareholders?

Destination XL Group's top institutional shareholders include Royce & Associates LP (2.39%), Geode Capital Management LLC (2.11%), State Street Corp (1.82%) and SG Americas Securities LLC (1.76%). Insiders that own company stock include Awm Investment Company, Inc, Fund 1 Investments, Llc, Jack Boyle, Robert S Molloy, Peter H Jr Stratton, Francis C Chane, Ujjwal Dhoot, Anthony Gaeta, John F Cooney and Ivy Ross.
View institutional ownership trends.

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.

What other stocks do shareholders of Destination XL Group own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Destination XL Group investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), Meta Platforms (META), Tesla (TSLA), Netflix (NFLX), JPMorgan Chase & Co. (JPM) and Home Depot (HD).

Company Calendar

• Last Earnings: 8/29/2024
• Today: 11/17/2024
• Next Earnings (Confirmed): 11/22/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Family clothing stores
• Sub-Industry: Retail
• 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: $3.50
• High Stock Price Target: $4.00
• Low Stock Price Target: $3.00
• Potential Upside/Downside: +23.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.24
• Trailing P/E Ratio: 11.83
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $27.85 million
• Net Margins: 3.11%
• Pretax Margin: 4.47%
• Return on Equity: 11.10%
• Return on Assets: 4.54%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.82
• Quick Ratio: 0.88

Sales & Book Value

• Annual Sales: $496.64 million
• Price / Sales: 0.33
• Cash Flow: $0.73 per share
• Price / Cash Flow: 3.88
• Book Value: $2.47 per share
• Price / Book: 1.15

Miscellaneous

• Outstanding Shares: 58,258,000
• Free Float: 51,034,000
• Market Cap: $165.45 million
• Optionable: Optionable
• Beta: 1.32