Destination XL Group (NASDAQ:DXLG – Get Free Report) issued its quarterly earnings results on Thursday. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02, Zacks reports. Destination XL Group had a net margin of 1.98% and a return on equity of 7.21%.
Destination XL Group Stock Performance
Shares of DXLG stock opened at $1.87 on Thursday. The firm’s 50-day moving average is $2.44 and its 200-day moving average is $2.61. The stock has a market cap of $101.28 million, a price-to-earnings ratio of 12.43 and a beta of 1.15. Destination XL Group has a 52-week low of $1.77 and a 52-week high of $3.93.
Wall Street Analysts Forecast Growth
Separately, DA Davidson cut their price target on shares of Destination XL Group from $3.50 to $3.00 and set a “buy” rating on the stock in a research report on Tuesday, December 24th.
Destination XL Group Company Profile
Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men’s clothing and shoes in the United States. The company’s stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.
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