Destination XL Group (DXLG) Receives Media Sentiment Rating of 0.20
Media coverage about Destination XL Group (NASDAQ:DXLG) has trended somewhat positive on Sunday, according to Accern. The research firm identifies positive and negative news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Destination XL Group earned a news sentiment score of 0.20 on Accern’s scale. Accern also assigned news stories about the specialty retailer an impact score of 46.4758907203762 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have effected Accern’s scoring:
- Destination XL Group (DXLG) Presents At 3rd Annual B. Riley & Co. Consumer Conference – Slideshow (seekingalpha.com)
- Destination XL Group, Inc. (NASDAQ:DXLG) Sees Significantly Lower Trading Volume – First News 24 (firstnewspaper24.com)
- Destination XL Group, Inc. to Present at the 2017 B. Riley & Co. Consumer Conference – GlobeNewswire (press release) (globenewswire.com)
- DXL Group deploys DynamicAction’s Retail Analytics suite (fibre2fashion.com)
- Destination XL : DXL Men’s Apparel Opens in “The Big Box” of SoCal (4-traders.com)
Shares of Destination XL Group (NASDAQ:DXLG) traded down 2.56% during mid-day trading on Friday, reaching $1.90. The company had a trading volume of 221,200 shares. Destination XL Group has a one year low of $1.46 and a one year high of $5.00. The company’s market capitalization is $92.44 million. The company has a 50 day moving average price of $1.85 and a 200 day moving average price of $2.26.
Destination XL Group (NASDAQ:DXLG) last released its quarterly earnings data on Thursday, August 24th. The specialty retailer reported ($0.05) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.02) by ($0.03). The business had revenue of $121.13 million during the quarter, compared to the consensus estimate of $123.57 million. Destination XL Group had a negative net margin of 2.75% and a negative return on equity of 8.87%. The firm’s revenue was up 2.8% on a year-over-year basis. On average, analysts anticipate that Destination XL Group will post ($0.19) EPS for the current year.
A number of research analysts have recently weighed in on DXLG shares. FBR & Co restated an “outperform” rating and issued a $3.00 target price on shares of Destination XL Group in a report on Tuesday, July 11th. Zacks Investment Research upgraded Destination XL Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 12th.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Watch List News and is the property of of Watch List News. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.watchlistnews.com/destination-xl-group-dxlg-receives-media-sentiment-rating-of-0-20/1601610.html.
In other news, Director Seymour Holtzman purchased 25,000 shares of the stock in a transaction dated Monday, July 10th. The shares were purchased at an average cost of $2.05 per share, with a total value of $51,250.00. Following the acquisition, the director now directly owns 4,196,064 shares of the company’s stock, valued at $8,601,931.20. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 31.46% of the company’s stock.
About Destination XL Group
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 Analyst Ratings Network's FREE daily email newsletter.