DSW (NYSE:DSW) issued an update on its fourth quarter 2018 earnings guidance on Tuesday morning. The company provided EPS guidance of $-0.09-0.06 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.19. DSW also updated its FY19 guidance to $1.70-1.85 EPS.
Several brokerages recently issued reports on DSW. Wedbush lifted their price objective on shares of DSW from $24.00 to $29.00 and gave the company a neutral rating in a report on Wednesday, August 29th. Telsey Advisory Group lifted their price objective on shares of DSW from $24.00 to $34.00 and gave the company a market perform rating in a report on Wednesday, August 29th. Wells Fargo & Co lifted their price objective on shares of DSW from $22.00 to $31.00 and gave the company a market perform rating in a report on Wednesday, August 29th. B. Riley lifted their price objective on shares of DSW from $23.00 to $30.00 and gave the company a neutral rating in a report on Wednesday, August 29th. Finally, Susquehanna Bancshares lowered shares of DSW from a neutral rating to a negative rating and cut their price objective for the company from $26.00 to $22.00 in a report on Friday, August 17th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and one has assigned a buy rating to the stock. DSW presently has a consensus rating of Hold and an average price target of $29.64.
Shares of DSW stock opened at $25.01 on Wednesday. The company has a market cap of $1.94 billion, a P/E ratio of 16.45, a price-to-earnings-growth ratio of 1.56 and a beta of 1.12. DSW has a 52-week low of $18.01 and a 52-week high of $34.63.
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DSW Company Profile
DSW Inc, together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. It also provides handbags, hosiery, jewelry, and other accessories.
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