Destination XL Group Inc (NASDAQ: DXLG) is -41.64% lower on its value in year-to-date trading and has touched a low of $1.53 and a high of $3.93 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The DXLG stock was last observed hovering at around $1.58 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $1.57, the stock is -16.89% and -32.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.98 million and changing -0.63% at the moment leaves the stock -43.79% off its SMA200. DXLG registered -52.71% loss for a year compared to 6-month loss of -46.60%. The firm has a 50-day simple moving average (SMA 50) of $2.3254 and a 200-day simple moving average (SMA200) of $2.793.
The stock witnessed a -31.14% gain in the last 1 month and extending the period to 3 months gives it a -39.85%, and is -14.91% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.93% over the week and 6.11% over the month.
Destination XL Group Inc (DXLG) has around 1447 employees, a market worth around $84.03M and $467.01M in sales. Current P/E ratio is 34.81. Profit margin for the company is 0.65%. Distance from 52-week low is 2.61% and -60.05% from its 52-week high. The company has generated returns on investments over the last 12 months (1.05%).
The EPS is expected to shrink by -307.14% this year
121.0 institutions hold shares in Destination XL Group Inc (DXLG), with institutional investors hold 98.22% of the company’s shares. The shares outstanding are 53.49M, and float is at 48.40M with Short Float at 7.58%. Institutions hold 86.02% of the Float.
The top institutional shareholder in the company is AWM INVESTMENT COMPANY, INC. with over 9.4 million shares valued at $34.21 million. The investor’s holdings represent 16.1408 of the DXLG Shares outstanding. As of 2024-06-30, the second largest holder is FUND 1 INVESTMENTS, LLC with 5.73 million shares valued at $20.87 million to account for 9.8437 of the shares outstanding. The other top investors are NOMURA HOLDINGS INC which holds 4.84 million shares representing 8.3056 and valued at over $17.61 million, while WOLF HILL CAPITAL MANAGEMENT, LP holds 7.0161 of the shares totaling 4.09 million with a market value of $14.87 million.
Destination XL Group Inc (DXLG) Insider Activity
The most recent transaction is an insider sale by Fund 1 Investments, LLC, the company’s 10% Owner. SEC filings show that Fund 1 Investments, LLC sold 225,000 shares of the company’s common stock on May 03 ’24 at a price of $3.15 per share for a total of $0.71 million. Following the sale, the insider now owns 5.69 million shares.
