Destination XL Group (NASDAQ:DXLG) Posts Earnings Results, Hits Expectations

Destination XL Group (NASDAQ:DXLGGet Free Report) posted its earnings results on Thursday. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates 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 NASDAQ DXLG traded down $0.19 during midday trading on Thursday, reaching $1.84. 82,676 shares of the company’s stock were exchanged, compared to its average volume of 276,985. Destination XL Group has a 52-week low of $1.77 and a 52-week high of $3.93. The stock has a market capitalization of $99.65 million, a PE ratio of 12.23 and a beta of 1.15. The business’s fifty day moving average price is $2.44 and its two-hundred day moving average price is $2.61.

Wall Street Analyst Weigh In

Separately, DA Davidson dropped 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 note on Tuesday, December 24th.

Read Our Latest Research Report on DXLG

Destination XL Group Company Profile

(Get Free Report)

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.

See Also

Earnings History for Destination XL Group (NASDAQ:DXLG)

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