Headlines about Destination XL Group (NASDAQ:DXLG) have trended somewhat positive recently, Accern reports. The research group identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Destination XL Group earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the specialty retailer an impact score of 45.8181845919139 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Several research analysts have recently commented on the company. Zacks Investment Research upgraded Destination XL Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, July 12th. FBR & Co reiterated an “outperform” rating and issued a $3.00 target price on shares of Destination XL Group in a research report on Tuesday, July 11th. One equities research analyst has rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $4.75.
Destination XL Group (DXLG) traded down 2.56% on Wednesday, reaching $1.90. The company had a trading volume of 781,572 shares. The company has a 50-day moving average of $2.20 and a 200 day moving average of $2.58. Destination XL Group has a one year low of $1.70 and a one year high of $5.57. The stock’s market cap is $93.60 million.
Destination XL Group (NASDAQ:DXLG) last released its quarterly earnings data on Friday, May 19th. The specialty retailer reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.02. Destination XL Group had a negative net margin of 1.90% and a negative return on equity of 5.81%. The company had revenue of $107.70 million during the quarter, compared to the consensus estimate of $109.24 million. The company’s quarterly revenue was down .2% on a year-over-year basis. On average, equities research analysts predict that Destination XL Group will post ($0.11) EPS for the current year.
In related news, Director Seymour Holtzman acquired 25,000 shares of the stock in a transaction dated Monday, July 10th. The shares were bought at an average cost of $2.05 per share, for a total transaction of $51,250.00. Following the purchase, the director now owns 4,196,064 shares in the company, valued at approximately $8,601,931.20. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 31.46% of the company’s stock.
TRADEMARK VIOLATION WARNING: This article was originally published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://stocknewstimes.com/2017/08/02/destination-xl-group-nasdaqdxlg-receives-daily-media-impact-rating-of-0-19.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.
Receive News & Ratings for Destination XL Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destination XL Group Inc. and related companies with MarketBeat.com's FREE daily email newsletter.
