Destination Earnings Estimate

DXLG
 Stock
  

USD 4.28  0.09  2.15%   

Many public companies, such as Destination, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm. By analyzing Destination's earnings estimates, investors can diagnose different trends across Destination's analyst sentiment over time as well as compare current estimates against different timeframes.
Destination is projected to generate 0.83 in earnings per share on the 31st of December 2022. Destination earnings estimates module stress-tests analyst consensus about projected Destination XL Group EPS (Earning Per Share) to derive its highest and lowest estimates based on its historical volatility. Continue to Investing Opportunities.
  
As of August 13, 2022, Gross Profit is expected to decline to about 231.5 M. In addition to that, Profit Margin is expected to decline to 0.0432

Destination Earnings Estimation Breakdown

Calculation of earning per share of Destination XL Group is based on official Zacks consensus of 1 analysts regarding Destination future annual earnings. Given the historical accuracy of 0.0%, the future earnings per share of Destination is estimated to be 0.83 with the lowest and highest values of 0.8 and 0.85, respectively. Please note that this consensus of annual earnings estimates for Destination XL Group is an estimate of EPS before non-recurring items and including employee stock options expenses
  Current EPS 0.65
0.80
Lowest
Expected EPS 0.83
0.85
Highest

Destination Earnings Projection Consensus

Suppose the current estimates of Destination's value are higher than the current market price of the Destination stock. In this case, investors may conclude that Destination is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Destination's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyCurrent EPSEPS Estimate for 31st of December 2022

1

0.0%

0.648

0.83

Destination Earnings History

Earnings estimate consensus by Destination XL Group analysts from Wall Street is used by the market to judge Destination's stock performance. The investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Destination's upcoming profit reports and earnings-per-share forecasts but also compare them to our different valuation methods.

Destination Quarterly Earnings Before Interest Taxes and Depreciation Amortization EBITDA

17.62 Million

The current year Accumulated Retained Earnings Deficit is expected to grow to about (149.6 M). In addition to that, Earning Before Interest and Taxes EBIT is expected to decline to about 27.4 M As of August 13, 2022, Weighted Average Shares is expected to decline to about 59 M. In addition to that, Weighted Average Shares Diluted is expected to decline to about 61.5 M.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Destination's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Destination in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.214.288.94
Details
Intrinsic
Valuation
LowReal ValueHigh
0.685.3410.00
Details
Naive
Forecast
LowNext ValueHigh
0.084.068.73
Details
2 Analysts
Consensus
LowTarget PriceHigh
7.509.2511.00
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Destination. Your research has to be compared to or analyzed against Destination's peers to derive any actionable benefits. When done correctly, Destination's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Destination XL Group.
Note that many institutional investors and large investment bankers can move markets due to the volume of Destination assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Destination. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Destination stock price in the short term.

Destination Earnings per Share Projection vs Actual

Actual Earning per Share of Destination refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Destination XL Group predict the company's earnings will be in the future. The higher the earnings per share of Destination, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Destination Estimated Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Destination, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Destination should always be considered in relation to other companies to make a more educated investment decision.

Destination Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Destination's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2022-03-17
2022-02-280.130.140.01
2021-12-31
2021-11-300.060.20.14233 
2021-11-17
2021-08-310.070.20.13185 
2021-08-31
2021-05-310.030.360.331100 
2021-03-18
2021-02-28None0.14None
2021-01-30
2020-11-300-0.1031-0.1031
2020-11-20
2020-08-31None-0.12None
2020-06-04
2020-05-31-0.26-0.37-0.1142 
2020-03-19
2020-02-290.050.050
2020-02-01
2019-11-3000.04830.0483
2019-11-22
2019-08-31-0.01-0.14-0.131300 
2019-08-28
2019-05-310.010.0008-0.009292 
2019-03-22
2019-02-28-0.05-0.010.0480 
2018-11-30
2018-08-31-0.08-0.020.0675 
2018-08-30
2018-05-31-0.060.010.07116 
2018-03-23
2018-02-28-0.06-0.050.0116 
2017-11-17
2017-08-31-0.07-0.070
2017-08-24
2017-05-31-0.02-0.05-0.03150 
2017-03-20
2017-02-280.010.020.01100 
2016-11-18
2016-08-31-0.06-0.050.0116 
2016-08-25
2016-05-31-0.0150.0040.019126 
2016-03-18
2016-02-29-0.02-0.020
2015-11-20
2015-08-31-0.09-0.070.0222 
2015-08-27
2015-05-31-0.05-0.010.0480 
2015-03-25
2015-02-280.030.02-0.0133 
2014-11-21
2014-08-31-0.09-0.080.0111 
2014-08-28
2014-05-31-0.04-0.05-0.0125 
2014-03-14
2014-02-28-0.02-0.03-0.0150 
2013-11-22
2013-08-31-0.09-0.080.0111 
2013-08-23
2013-05-31None0.06None
2013-05-24
2013-02-280.010.020.01100 
2013-02-27
2012-11-300.10.09-0.0110 
2012-11-16
2012-08-31None-0.03None
2012-08-17
2012-05-310.070.06-0.0114 
2012-03-15
2012-02-290.080.10.0225 
2011-11-17
2011-08-310.02-0.0336-0.0536268 
2011-08-18
2011-05-310.130.140.01
2011-03-17
2011-02-280.120.11-0.01
2010-11-18
2010-08-310.010.010
2010-08-19
2010-05-310.090.120.0333 
2010-03-18
2010-02-280.050.080.0360 
2009-11-19
2009-08-31-0.01-0.03-0.02200 
2009-08-25
2009-05-310.040.090.05125 
2009-03-19
2009-02-28-0.01-0.17-0.161600 
2008-11-20
2008-08-31-0.04-0.08-0.04100 
2008-08-21
2008-05-310.050.050
2008-03-25
2008-02-290.150.03-0.1280 
2007-11-27
2007-08-31-0.01-0.05-0.04400 
2007-08-23
2007-05-310.10.06-0.0440 
2007-03-29
2007-02-280.20.20
2006-11-16
2006-08-310.01-0.0245-0.0345345 
2006-08-17
2006-05-310.090.090
2006-03-30
2006-02-280.210.210
2005-11-17
2005-08-31-0.05-0.050
2005-08-18
2005-05-310.040.040
2005-03-31
2005-02-280.150.150
2004-11-18
2004-08-31None-0.02None
2004-08-19
2004-05-310.030.02-0.0133 
2004-03-25
2004-02-290.130.11-0.0215 
2003-11-20
2003-08-31-0.01-0.02-0.01100 
2003-08-21
2003-05-310.040.01-0.0375 
2003-03-27
2003-02-280.070.110.0457 
2002-11-21
2002-08-310.01-0.01-0.02200 
2002-07-31
2002-05-31None-0.8047None
2002-04-30
2002-02-28None-0.1231None
2002-01-31
2001-11-30None-0.536None
2001-10-31
2001-08-31None0.0357None
2001-07-31
2001-05-31None0.0461None
2001-04-30
2001-02-28None-0.0946None
2001-01-31
2000-11-30None-0.0176None
2000-10-31
2000-08-31None0.1767None
2000-07-31
2000-05-31None0.065None
2000-04-30
2000-02-29None-0.0288None
1999-10-31
1999-08-31None0.1672None
1999-07-31
1999-05-31None-0.0337None
1999-04-30
1999-02-28None-0.0543None
1998-10-31
1998-08-31None-0.5512None
1998-07-31
1998-05-31None-0.1962None
1998-03-31
1998-02-28-0.3-0.45-0.1550 
1997-11-24
1997-08-310.07-0.04-0.11157 
1997-08-18
1997-05-31-0.05-0.31-0.26520 
1997-03-10
1997-02-280.180.14-0.0422 
1996-11-18
1996-08-310.230.30.0730 
1996-08-19
1996-05-310.030.040.0133 
1996-03-11
1996-02-290.170.12-0.0529 

About Destination Earnings Estimate

The earnings estimate module is a useful tool to check what professional financial analysts are assuming about the future of Destination earnings. We show available consensus EPS estimates for the upcoming years and quarters. Investors can also examine how these consensus opinions have evolved historically. We show current Destination estimates, future projections, as well as estimates 1, 2, and three years ago. Investors can search for a specific entity to conduct investment planning and build diversified portfolios. Please note, earnings estimates provided by Macroaxis are the average expectations of expert analysts that we track. If a given stock such as Destination fails to match professional earnings estimates, it usually performs purely. Wall Street refers to that as a 'negative surprise.' If a company 'beats' future estimates, it's usually called an 'upside surprise.'
Please read more on our stock advisor page.
Last ReportedProjected for 2022
Accumulated Retained Earnings Deficit-163.9 M-149.6 M
Earning Before Interest and Taxes EBIT62 M27.4 M
Earnings per Basic Share 0.89  0.34 
Earnings per Diluted Share 0.83  0.31 
Price to Earnings Ratio 4.87 (8.13) 
Earnings Before Interest Taxes and Depreciation Amortization EBITDA79.2 M49.1 M
Earnings before Tax57.6 M24 M
Destination XL Group, Inc., together with its subsidiaries, operates as a specialty retailer of big and tall mens clothing and shoes in the United States and Canada. Destination XL Group, Inc. was incorporated in 1976 and is headquartered in Canton, Massachusetts. Destination operates under Apparel Retail classification in the United States and is traded on NASDAQ Exchange. It employs 1353 people.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Destination without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Destination

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Destination position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Destination will appreciate offsetting losses from the drop in the long position's value.

Moving together with Destination

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The ability to find closely correlated positions to Destination could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destination when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Destination - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Destination XL Group to buy it.
The correlation of Destination is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Destination moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destination XL Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Destination can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Investing Opportunities. Note that the Destination XL Group information on this page should be used as a complementary analysis to other Destination's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.

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Is Destination's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Destination. If investors know Destination will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Destination listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.43
Market Capitalization
262.5 M
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.14
Return On Equity
1.58
The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Destination's market value can be influenced by many factors that don't directly affect Destination's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine Destination value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.