Destination XL Group (NASDAQ:DXLG) Receiving Somewhat Positive Press Coverage, Report Shows

Paterniano Del Favero
Luglio 24, 2017

55,568 shares of the company were exchanged. Royce & Associates LP owned about 0.10% of Destination XL Group as of its most recent SEC filing.

Destination XL Group (NASDAQ:DXLG) last announced its quarterly earnings results on Friday, May 19th.

Shares of Destination XL Group (DXLG) traded down 5.00% on Friday, reaching $1.90. State Street Corp now owns 556,658 shares of the specialty retailer's stock worth $2,368,000 after buying an additional 16,944 shares during the last quarter. ICM Asset Management Inc. WA raised its stake in shares of Destination XL Group by 13.4% in the fourth quarter. Essex Investment Management Co. Teachers Advisors LLC boosted its stake in Destination XL Group by 10.6% in the fourth quarter. LLC now owns 165,286 shares of the specialty retailer's stock worth $471,000 after buying an additional 40,146 shares during the period. Zacks Investment Research downgraded shares of Destination XL Group from a "hold" rating to a "strong sell" rating in a research note on Thursday, May 25th. Rutabaga Capital Management LLC MA now owns 1,714,154 shares of the specialty retailer's stock worth $4,885,000 after buying an additional 32,215 shares in the last quarter. We will contrast the two businesses based on the strength of their profitabiliy, earnings, risk, dividends, analyst recommendations, institutional ownership and valuation.

12/18/2014 - CRT Capital began new coverage on Destination XL Group, Inc. giving the company a " rating. (NASDAQ:DXLG) was down -5.00% during the last trading session, with a day high of 2.00. Destination XL Group, Inc. has a 52 week low of $1.85 and a 52 week high of $5.57. The company has a 50-day moving average price of $2.30 and a 200-day moving average price of $2.70. Red Mountain Capital Partners Llc who had been investing in Destination Xl Group Inc for a number of months, seems to be bullish on the $93.95M market cap company. Below is a list of Destination XL Group Inc (NASDAQ:DXLG) latest ratings and price target changes. The specialty retailer reported ($0.07) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by $0.02. The business had revenue of $107.70 million during the quarter, compared to the consensus estimate of $109.24 million. Destination XL Group had a negative return on equity of 5.81% and a negative net margin of 1.90%. The company's revenue for the quarter was down.2% on a year-over-year basis. Destination XL Group earned a coverage optimism score of 0.18 on Accern's scale.

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A number of analysts have issued reports on the stock. On average, analysts forecast that Destination XL Group will post ($0.11) EPS for the current year. One research analyst has rated the stock with a hold rating and three have issued a buy rating to the company. Destination XL Group has a consensus target price of $4.75, suggesting a potential upside of 137.50%.

In other news, Director Seymour Holtzman bought 25,000 shares of the firm's stock in a transaction that occurred on Monday, July 10th. The stock was purchased at an average price of $2.05 per share, with a total value of $51,250.00. Following the transaction, the director now owns 4,196,064 shares of the company's stock, valued at $8,601,931.20. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 31.46% of the company's stock. 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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