Destination XL Group (NASDAQ:DXLG) Issues Earnings Results

Destination XL Group (NASDAQ:DXLG) announced its quarterly earnings results on Thursday. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02, Zacks reports. Destination XL Group had a return on equity of 7.21% and a net margin of 1.98%.

Destination XL Group Price Performance

NASDAQ DXLG traded down $0.19 during trading hours on Thursday, hitting $1.84. The company had a trading volume of 82,676 shares, compared to its average volume of 276,985. The firm’s 50 day moving average is $2.44 and its 200 day moving average is $2.61. The company has a market capitalization of $99.65 million, a price-to-earnings ratio of 12.23 and a beta of 1.15. Destination XL Group has a fifty-two week low of $1.77 and a fifty-two week high of $3.93.

Analysts Set New Price Targets

Separately, DA Davidson cut 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 report on Tuesday, December 24th.

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.