Destination XL Group (DXLG) Receiving Somewhat Positive News Coverage, Report Finds

Share on StockTwits

News coverage about Destination XL Group (NASDAQ:DXLG) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Destination XL Group earned a news impact score of 0.04 on Accern’s scale. Accern also gave news coverage about the specialty retailer an impact score of 44.7582348093892 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

These are some of the news articles that may have effected Accern Sentiment’s scoring:

Shares of Destination XL Group traded up $0.05, reaching $2.05, during midday trading on Friday, according to Marketbeat.com. The company’s stock had a trading volume of 309,341 shares, compared to its average volume of 138,643. The company has a current ratio of 1.11, a quick ratio of 0.19 and a debt-to-equity ratio of 0.15. Destination XL Group has a fifty-two week low of $1.45 and a fifty-two week high of $2.75. The company has a market cap of $98.03 million, a price-to-earnings ratio of -7.88 and a beta of 0.76.

Destination XL Group (NASDAQ:DXLG) last released its quarterly earnings results on Wednesday, May 30th. The specialty retailer reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.09. The company had revenue of $113.33 million during the quarter. Destination XL Group had a negative net margin of 3.35% and a negative return on equity of 14.81%. equities research analysts forecast that Destination XL Group will post -0.15 earnings per share for the current year.

Separately, ValuEngine upgraded shares of Destination XL Group from a “sell” rating to a “hold” rating in a research report on Wednesday, May 2nd.

In other news, Director Seymour Holtzman acquired 20,000 shares of the firm’s stock in a transaction that occurred on Monday, April 2nd. The shares were acquired at an average cost of $1.68 per share, with a total value of $33,600.00. Following the completion of the purchase, the director now directly owns 4,196,064 shares of the company’s stock, valued at approximately $7,049,387.52. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Willem Mesdag acquired 72,008 shares of the firm’s stock in a transaction that occurred on Monday, June 18th. The stock was purchased at an average cost of $1.78 per share, for a total transaction of $128,174.24. The disclosure for this purchase can be found here. Insiders purchased 187,416 shares of company stock worth $328,964 over the last three months. 31.46% of the stock is currently owned by insiders.

About Destination XL Group

Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's apparel. Its stores offer sportswear and dress wear; shoes; accessories, such as belts, ties, and socks; fashion-neutral items, including jeans, casual slacks, T-shirts, polo shirts, dress shirts, and suit separates; casual clothing; and lifestyle products comprising chairs, outdoor accessories, travel accessories, bed and bath products, and fitness equipment.

Insider Buying and Selling by Quarter for Destination XL Group (NASDAQ:DXLG)

Receive News & Ratings for Destination XL Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Destination XL Group and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Somewhat Favorable News Coverage Somewhat Unlikely to Impact A. H. Belo  Share Price
Somewhat Favorable News Coverage Somewhat Unlikely to Impact A. H. Belo Share Price
Destination XL Group  Receiving Somewhat Positive News Coverage, Report Finds
Destination XL Group Receiving Somewhat Positive News Coverage, Report Finds
Somewhat Negative Press Coverage Somewhat Unlikely to Impact Perion Network Ltd Common Stock  Stock Price
Somewhat Negative Press Coverage Somewhat Unlikely to Impact Perion Network Ltd Common Stock Stock Price
Etherecash   Trading 17.3% Lower  This Week
Etherecash Trading 17.3% Lower This Week
Superior Coin  Reaches Market Cap of $0.00
Superior Coin Reaches Market Cap of $0.00
WEC Energy Group  & NiSource  Financial Analysis
WEC Energy Group & NiSource Financial Analysis


Leave a Reply

© 2006-2018 Ticker Report. Google+.