Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Destination XL Group (DXLG) Share Price

News headlines about Destination XL Group (NASDAQ:DXLG) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Destination XL Group earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news headlines about the specialty retailer an impact score of 47.7952455774202 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

Here are some of the news headlines that may have effected Accern’s rankings:

A number of research firms have issued reports on DXLG. B. Riley reissued a “buy” rating on shares of Destination XL Group in a research note on Wednesday, November 1st. Zacks Investment Research raised shares of Destination XL Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 24th.

Shares of Destination XL Group (NASDAQ DXLG) opened at $1.82 on Monday. Destination XL Group has a one year low of $1.46 and a one year high of $4.55. The company has a current ratio of 1.13, a quick ratio of 0.19 and a debt-to-equity ratio of 0.14.

Destination XL Group (NASDAQ:DXLG) last released its earnings results on Friday, November 17th. The specialty retailer reported ($0.07) EPS for the quarter, hitting analysts’ consensus estimates of ($0.07). Destination XL Group had a negative net margin of 3.01% and a negative return on equity of 9.90%. The business had revenue of $103.70 million for the quarter, compared to the consensus estimate of $109.00 million. During the same period in the previous year, the firm earned ($0.05) EPS. The business’s revenue for the quarter was up 1.8% on a year-over-year basis. sell-side analysts expect that Destination XL Group will post -0.23 EPS for the current fiscal year.

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About Destination XL Group

Destination XL Group, Inc is a specialty retailer of men’s apparel with retail and direct operations in the United States and London, England. The Company operates through the Big & Tall Men’s Apparel segment. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL and LivingXL.

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