Destination XL Group (DXLG) Earns Daily News Impact Score of 0.12

News articles about Destination XL Group (NASDAQ:DXLG) have trended somewhat positive on Wednesday, according to Accern. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news 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. Destination XL Group earned a daily sentiment score of 0.12 on Accern’s scale. Accern also gave news articles about the specialty retailer an impact score of 46.6009943271653 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.

DXLG has been the subject of a number of analyst reports. Zacks Investment Research upgraded Destination XL Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 24th. ValuEngine upgraded Destination XL Group from a “strong sell” rating to a “sell” rating in a research report on Monday, December 4th. Finally, B. Riley restated a “buy” rating on shares of Destination XL Group in a research report on Wednesday, November 1st. One analyst has rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the stock. Destination XL Group currently has a consensus rating of “Hold” and a consensus price target of $3.00.

Shares of Destination XL Group (NASDAQ:DXLG) opened at $2.15 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.17 and a debt-to-equity ratio of 0.15. Destination XL Group has a 52-week low of $1.46 and a 52-week high of $4.45.

Destination XL Group (NASDAQ:DXLG) last released its quarterly earnings data on Friday, November 17th. The specialty retailer reported ($0.07) EPS for the quarter, meeting analysts’ consensus estimates of ($0.07). Destination XL Group had a negative return on equity of 10.24% and a negative net margin of 3.01%. The firm had revenue of $103.70 million for the quarter, compared to analysts’ expectations of $109.00 million. During the same period in the prior year, the firm posted ($0.05) earnings per share. The firm’s quarterly revenue was up 1.8% on a year-over-year basis. sell-side analysts anticipate that Destination XL Group will post -0.23 EPS for the current fiscal year.

ILLEGAL ACTIVITY WARNING: “Destination XL Group (DXLG) Earns Daily News Impact Score of 0.12” was first reported by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://sportsperspectives.com/2017/12/20/destination-xl-group-dxlg-earns-daily-news-impact-score-of-0-12.html.

Destination XL Group Company Profile

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.

Insider Buying and Selling by Quarter for Destination XL Group (NASDAQ:DXLG)

Receive News & Ratings for Destination XL Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destination XL Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply