Destination Profit Margin Trend from 2010 to 2022

DXLG
 Stock
  

USD 4.30  0.08  1.83%   

Destination Profit Margin is increasing over the years with slightly volatile fluctuation. Profit Margin is expected to dwindle to 0.0432. During the period from 2010 to 2022 Destination Profit Margin anual values regression line had geometric mean of 0.046853 and mean square error of  0.001889. The current year Direct Expenses is expected to grow to about 204.4 M.
  
Check Destination financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Destination main balance sheet or income statement drivers, such as Direct Expenses of 204.4 M, Consolidated Income of 23.4 M or Cost of Revenue of 252.2 M, as well as many exotic indicators such as Interest Coverage of 12.34, Long Term Debt to Equity of 0.21 or Calculated Tax Rate of 18.07. Destination financial statements analysis is a perfect complement when working with Destination Valuation or Volatility modules. It can also supplement Destination's financial leverage analysis and stock options assessment as well as various Destination Technical models . Continue to the analysis of Destination Correlation against competitors.

Destination Quarterly Profit Margin

0.105

Destination Profit Margin Breakdown

Showing smoothed Profit Margin of Destination XL Group with missing and latest data points interpolated. Measures the ratio between a company's Net Income Common Stock and Revenues.Destination's Profit Margin historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Destination's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 11.78 %10 Years Trend
Increasing
Slightly volatile
   Profit Margin   
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Destination Profit Margin Regression Statistics

Arithmetic Mean(0.034526)
Geometric Mean 0.046853
Coefficient Of Variation(276.15)
Mean Deviation 0.07
Median(0.016)
Standard Deviation 0.1
Sample Variance 0.009091
Range 0.27
R-Value 0.90
Mean Square Error 0.001889
R-Squared 0.81
Significance 0.00002814
Slope 0.022027
Total Sum of Squares 0.11

Destination Profit Margin History

2014 -0.016
2020 0.11
2022 0.0432

About Destination Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Destination income statement, its balance sheet, and the statement of cash flows. Destination investors use historical funamental indicators, such as Destination's Profit Margin, to determine how well the company is positioned to perform in the future. Although Destination investors may use each financial statement separately, they are all related. The changes in Destination's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Destination's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Destination Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Destination. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Profit Margin 0.11  0.0432 
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.

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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 the analysis of Destination Correlation against competitors. 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 Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for Destination Stock analysis

When running Destination XL Group price analysis, check to measure Destination's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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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
274.4 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.