Destination XL Group (DXLG) Receives News Impact Score of 0.11

News headlines about Destination XL Group (NASDAQ:DXLG) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group rates the sentiment of media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 0.11 on Accern’s scale. Accern also gave news stories about the specialty retailer an impact score of 46.4709248034908 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Destination XL Group (DXLG) opened at $2.25 on Thursday. Destination XL Group has a 1 year low of $1.46 and a 1 year high of $4.25. The company has a market capitalization of $110.76, a P/E ratio of -8.04 and a beta of 0.51. The company has a quick ratio of 0.17, a current ratio of 1.10 and a debt-to-equity ratio of 0.15.

Destination XL Group (NASDAQ:DXLG) last announced its quarterly earnings data on Friday, November 17th. The specialty retailer reported ($0.07) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.07). The company had revenue of $103.70 million for the quarter, compared to analyst estimates of $109.00 million. Destination XL Group had a negative return on equity of 10.24% and a negative net margin of 3.01%. Destination XL Group’s revenue for the quarter was up 1.8% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.05) EPS. equities analysts anticipate that Destination XL Group will post -0.23 earnings per share for the current year.

A number of equities analysts recently weighed in on the company. B. Riley reiterated a “buy” rating on shares of Destination XL Group in a research report on Wednesday, November 1st. ValuEngine upgraded Destination XL Group from a “strong sell” rating to a “sell” rating in a research report on Monday, December 4th. Finally, Zacks Investment Research upgraded Destination XL Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, October 24th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and two have given a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $3.00.

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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.

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