Destination XL Group (NASDAQ:DXLG – Get Free Report) posted its quarterly earnings data on Thursday. The company reported $0.02 earnings per share 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%. The company had revenue of $119.20 million for the quarter, compared to analyst estimates of $120.93 million.
Destination XL Group Price Performance
Destination XL Group stock opened at $1.76 on Friday. The stock has a market cap of $95.58 million, a price-to-earnings ratio of 11.73 and a beta of 1.15. Destination XL Group has a 1 year low of $1.75 and a 1 year high of $3.93. The firm has a 50-day moving average of $2.40 and a two-hundred day moving average of $2.60.
Analysts Set New Price Targets
Separately, DA Davidson lowered their price objective on shares of Destination XL Group from $3.00 to $2.50 and set a “buy” rating for the company in a research report on Friday.
About Destination XL Group
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.
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