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Will Designer Brands Inc (DBI) benefit from Wall Street bulls Calls?

Designer Brands Inc (NYSE: DBI) is -50.37% lower on its value in year-to-date trading and has touched a low of $2.43 and a high of $11.06 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 DBI stock was last observed hovering at around $2.62 in the last trading session, with the day’s gains setting it 0.03%.

Currently trading at $2.65, the stock is -15.67% and -30.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.53 million and changing 1.15% at the moment leaves the stock -52.36% off its SMA200. DBI registered -68.86% loss for a year compared to 6-month loss of -57.67%. The firm has a 50-day simple moving average (SMA 50) of $3.825 and a 200-day simple moving average (SMA200) of $5.56285.

The stock witnessed a -34.41% gain in the last 1 month and extending the period to 3 months gives it a -53.91%, and is -1.85% 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 8.35% over the week and 11.48% over the month.

Designer Brands Inc (DBI) has around 14000 employees, a market worth around $127.14M and $3.01B in sales. Fwd P/E is 7.50. Profit margin for the company is -0.35%. Distance from 52-week low is 8.83% and -76.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.75%).

with sales reaching $736.02M over the same period.The EPS is expected to shrink by -19.26% this year, but quarterly earnings will post 1.20% year-over-year. Quarterly sales are estimated to shrink -1.42% in year-over-year returns.

Designer Brands Inc (DBI) Top Institutional Holders

210.0 institutions hold shares in Designer Brands Inc (DBI), with institutional investors hold 125.64% of the company’s shares. The shares outstanding are 40.21M, and float is at 32.97M with Short Float at 20.93%. Institutions hold 100.30% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 6.85 million shares valued at $46.79 million. The investor’s holdings represent 11.9836% of the DBI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 3.97 million shares valued at $27.13 million to account for 6.9489 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.6 million shares representing 4.5165% and valued at over $17.73 million, while STATE STREET CORP holds 3.8811 of the shares totaling 2.22 million with a market value of $15.15 million.

Designer Brands Inc (DBI) Insider Activity

The most recent transaction is an insider sale by Turner Mary, the company’s EVP;Pres DesignerBrands Canada. SEC filings show that Turner Mary sold 24,543 shares of the company’s common stock on Apr 08 ’25 at a price of $2.94 per share for a total of $72233.0. Following the sale, the insider now owns 15839.0 shares.

Still, SEC filings show that on Jan 28 ’25, Fund 1 Investments, LLC (10% Owner) disposed off 250,000 shares at an average price of $5.39 for $1.35 million. The insider now directly holds 1,853,405 shares of Designer Brands Inc (DBI).

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