Destination XL Group, Inc. (DXLG) Stock: Is This Service Sector Stock Worth Your Time?


Destination XL Group, Inc. (DXLG) is working its way for to the top in the market today. The company, focused in the service sector, is currently priced at $2.67 after a move up of 1.52% so far today. As it relates to service sector stocks, there are a number of factors that have the ability to lead to gains in the market. One of the most common is news. Here are the most recent headlines relating to DXLG:

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Mar-22-19 07:22AM Destination XL: Fiscal 4Q Earnings Snapshot
07:00AM Destination XL Group, Inc. Reports Fiscal 2018 Fourth-Quarter and Full Year Financial Results
Mar-08-19 07:00AM Destination XL Group, Inc. to Announce Fourth Quarter and Fiscal 2018 Financial Results on March 22, 2019
Feb-20-19 06:45AM Destination XL Group, Inc. Announces Appointment of Harvey S. Kanter as its next President and Chief Executive Officer
Feb-15-19 08:30AM Report: Exploring Fundamental Drivers Behind MetLife, Northern Dynasty Minerals, Sparton, HCP, Lindblad Expeditions, and Destination XL Group New Horizons, Emerging Trends, and Upcoming Developments

Nonetheless, when making a decision with regard to investing, investors should focus on far more than just news, this is especially the case in the ever incredibly complex service space. Here’s what’s happening with Destination XL Group, Inc..

Recent Movement From DXLG

Although a gain in a single session, like the move that we’re seeing from Destination XL Group, Inc. might lead to fear in some investors, a single session move by itself should not be the reason for a decision to, or not to, invest in a stock. It’s always smart to look at trends further out than a single session. In the case of DXLG, below are the movements that we have seen:

  • Weekly – Throughout the past 7 days, DXLG has produced a change in value amounting to 1.74%.
  • Past 30 Days – The performance from Destination XL Group, Inc. over the past month comes to 2.73%.
  • Quarterly – Over the last three months, the company has generated a return on investment that comes to 25.24%
  • Bi-Annually – Throughout the last 6 months, we have seen a change of -0.98% from the company.
  • Year To Date – Since the the first trading session of this year DXLG has produced a return of 21.20%.
  • Annually – Lastly, throughout the past year, investors have seen movement of 11.91% out of DXLG. Over this period, the stock has traded at a high of -24.13% and a low price of 84.14%.

Ratios Worth Watching

Digging into various key ratios having to do with a stock can provide prospective investors an understanding of just how risky and/or potentially profitable a stock pick might be. Below are a few of the most important ratios to consider when digging into DXLG.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it means that more investors believe that the stock is going to gain. In general, strong service sector stocks can have a lower short ratio. However, we tend to see quite a few short squeezes in the industry. Nonetheless, as it relates to Destination XL Group, Inc., it’s short ratio amounts to 39.77.

Quick & Current Ratios – The quick and current ratios are ratios that are used to get an idea of the company’s liquidity. Essentially, they measure If a company is able to pay its debts when they mature based on current assets or quick assets. do have strong current and quick ratios. In terms of DXLG, the quick and current ratios add up to 0.20 and 1.20 respectively.  

Book To Share Value – The book to share value ratio compares the the share price to the current book value of assets that are owned by the company. In this particular case, the book to share value ratio equates to 1.33.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of the company’s stock. In this case, the cash to share value ratio comes to 0.12.

Is Big Money Interested In Destination XL Group, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in DXLG, here’s what we’re seeing:

  • Institutions – As it stands now, institutions hold 67.50% of DXLG. Nonetheless, it’s worth noting that institutional ownership has seen a move in the amount of -2.45% in the past 3 months.
  • Investors On The Inside – as it relates to insiders, those close to the situation currently hold 1.20% of Destination XL Group, Inc.. Their ownership of the company has changed in the amount of -54.81% in the last quarter.

How Analysts Feel About Destination XL Group, Inc.

Although it’s not a smart idea to unknowingly follow the thoughts of analysts, it is a good idea to use their thoughts in order to validate your own thoughts before making an investment decision in the service sector. Here are the most recent moves that we’ve seen from analysts with regard to DXLG.

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Jul-11-17 Resumed FBR & Co. Outperform $3
Aug-02-16 Initiated Wunderlich Buy $6.50
Mar-21-16 Reiterated Lake Street Buy $8 → $9
Dec-18-14 Initiated CRT Capital Buy $6
Nov-07-14 Initiated Brean Capital Buy $8

What We’ve Seen In earnings results

What have ween seen from DXLG in terms of financial results?Here’s what you need to know:

  • Analyst Expectations – At the moment, Wall St. analysts expect that Destination XL Group, Inc. will report earnings per diluted share of 0.02, with -0.05 to be announced in the report for the current quarter. Although this is not earnings driven, because we’re chatting on the topic of analysts, Destination XL Group, Inc. is presently rated a 0 considering a scale that ranges from 1 to 5 where 1 is the poorest analyst grade and 5 is the best possible.
  • 5-Year Sales – Throughout the past half decade, Destination XL Group, Inc. has announced a movement in revenue that works out to 3.30%. Earnings per share through the past 5 years have generated movement in the amount of -32.40%.
  • Q/Q – when it comes to quarter over quarter data, or Q/Q data as it is often referred to as in the human world, the company has generated a earnings change by 65.40%. The company has also experienced movement when it comes to sales that adds up to 3.30%.

How Many Shares Of DXLG Are Available?

Traders tend to have a heavy interest in the counts of shares both outstanding and available. In regard to Destination XL Group, Inc., there are currently 51.57M and there is a float of 42.23M. These numbers mean that of the total of 51.57M shares of DXLG that are out there today, 42.23M are available to be traded on the public market.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to DXLG, the short percent of the float is 5.93%.

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