Press coverage about DSW (NYSE:DSW) has been trending somewhat positive this week, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. DSW earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the company an impact score of 75 out of 100, indicating that recent media coverage is likely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- BidaskClub Downgrades DSW Inc. (DSW) to Sell (americanbankingnews.com)
- ICC may have two World T20s instead of Champions Trophy (thewestcoastsportsblog.com)
- Analysts Expect DSW Inc. (DSW) Will Announce Quarterly Sales of $667.06 Million (americanbankingnews.com)
- Next Weeks Broker Price Targets For Primoris Services Corporation (NASDAQ:PRIM) (thewestcoastsportsblog.com)
- DSW Inc. (DSW): Are There Still Some Reasons For Optimism? – StockNewsMagazine (stocknewsmagazine.com)
Shares of DSW (DSW) traded up 3.32% on Friday, hitting $17.14. 1,090,553 shares of the stock were exchanged. DSW has a 12 month low of $15.98 and a 12 month high of $26.22. The company has a 50-day moving average price of $18.11 and a 200 day moving average price of $20.46. The company has a market cap of $1.38 billion, a PE ratio of 11.89 and a beta of 0.77.
DSW (NYSE:DSW) last released its earnings results on Tuesday, May 23rd. The company reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.33 by $0.01. The business had revenue of $691.10 million during the quarter, compared to analysts’ expectations of $684.34 million. DSW had a return on equity of 12.06% and a net margin of 4.32%. The firm’s quarterly revenue was up 1.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.40 earnings per share. Equities analysts forecast that DSW will post $1.44 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 29th. Stockholders of record on Thursday, June 15th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 4.67%. The ex-dividend date is Tuesday, June 13th. DSW’s dividend payout ratio is presently 55.94%.
Several research firms have recently issued reports on DSW. BidaskClub downgraded shares of DSW from a “hold” rating to a “sell” rating in a research note on Friday. Cleveland Research raised shares of DSW from an “underperform” rating to a “neutral” rating in a research note on Thursday, June 8th. ValuEngine downgraded shares of DSW from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. B. Riley reissued a “neutral” rating and set a $18.50 target price on shares of DSW in a research note on Monday, May 29th. Finally, Zacks Investment Research downgraded shares of DSW from a “hold” rating to a “sell” rating in a research note on Friday, May 26th. Two investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the company. DSW presently has an average rating of “Hold” and an average price target of $21.73.
DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.
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