Destination Stock Today

DXLG
 Stock
  

USD 3.60  0.09  2.56%   

Market Performance
0 of 100
Odds Of Distress
Less than 17
Destination is trading at 3.60 as of the 7th of July 2022, a 2.56 percent up since the beginning of the trading day. The stock's lowest day price was 3.53. Destination has less than a 17 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Destination XL Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 17th of July 2020 and ending today, the 7th of July 2022. Please note, there could be an existing legal relationship between Destination XL Group (DXLG) and DESTINATION XL GROUP (CMRG). Click here to learn more.
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. The company has 63.25 M outstanding shares of which 2.1 M shares are currently shorted by private and institutional investors with about 3.78 trading days to cover. More on Destination XL Group

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Follow Valuation Options Odds of Bankruptcy
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Destination Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Destination's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Destination or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Destination XL Group generated a negative expected return over the last 90 days
Destination XL Group has high historical volatility and very poor performance
Destination XL Group has a strong financial position based on the latest SEC filings
About 64.0% of the company shares are held by institutions such as insurance companies
Latest headline from simplywall.st: Under The Bonnet, Destination XL Groups Returns Look Impressive - Simply Wall St
Related EntityCMRG (DESTINATION XL GROUP)
President CEO, DirectorHarvey Kanter
Thematic IdeaRetail (view all)
Fama & French Classification
Average Analyst Recommendation
Analysts covering Destination report their recommendations after researching Destination's financial statements, talking to executives and customers, or listening in on Destination's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Destination XL Group. The Destination consensus assessment is calculated by taking the average forecast from all of the analysts covering Destination.
Strong Buy2 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Destination XL Group based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Destination XL Group financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares59 M63.4 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted61.5 M68 M
Moderately Down
Increasing
Slightly volatile
Net Cash Flow from Operations47 M75.5 M
Way Down
Increasing
Slightly volatile
Total Assets291.7 M280 M
Sufficiently Up
Increasing
Slightly volatile
Total Liabilities214.6 M221.7 M
Sufficiently Down
Increasing
Slightly volatile
Current Assets131.1 M106 M
Fairly Up
Decreasing
Slightly volatile
Current Liabilities110.8 M95.5 M
Fairly Up
Increasing
Stable
Total Debt117.8 M155.6 M
Way Down
Increasing
Slightly volatile
Return on Average Assets0.08470.207
Way Down
Increasing
Slightly volatile
Gross Margin0.50.495
Fairly Up
Increasing
Slightly volatile
Asset Turnover1.791.843
Fairly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Destination's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Financial Strength
Destination's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Destination's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Destination's financial leverage. It provides some insight into what part of Destination's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Destination's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Destination deploys its capital and how much of that capital is borrowed.
Liquidity
Destination cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 155.6 M in liabilities with Debt to Equity (D/E) ratio of 2.67, implying the company greatly relies on financing operations through barrowing. Destination XL Group has a current ratio of 1.09, suggesting that it is not liquid enough and may have problems paying out its financial obligations when due. Debt can assist Destination until it has trouble settling it off, either with new capital or with free cash flow. So, Destination's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Destination XL Group sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Destination to invest in growth at high rates of return. When we think about Destination's use of debt, we should always consider it together with cash and equity.

Operating Cash Flow

47.02 Million
Destination XL Group (DXLG) is traded on NASDAQ Exchange in USA. It is located in 555 Turnpike Street, Canton, MA 02021, United States and employs 1,353 people. Destination is listed under Retail category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 230.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Destination's market, we take the total number of its shares issued and multiply it by Destination's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Destination XL Group conducts business under Consumer Cyclical sector and is part of Apparel Retail industry. The entity has 63.25 M outstanding shares of which 2.1 M shares are currently shorted by private and institutional investors with about 3.78 trading days to cover. Destination XL Group currently holds about 15.51 M in cash with 75.54 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.24.
Check Destination Probability Of Bankruptcy
Ownership
Destination XL Group retains a total of 63.25 Million outstanding shares. Over half of Destination XL Group outstanding shares are owned by other corporate entities. These other corporate entities are typically referred to corporate investors that obtain positions in a given instrument to benefit from reduced trade commissions. Consequently, these institutions are subject to different rules and regulation than regular investors in Destination. Please watch out for any change in the institutional holdings of Destination XL Group as this could mean something significant has changed or about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check Destination Ownership Details

Destination Stock Price Odds Analysis

What are Destination's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Destination jumping above the current price in 90 days from now is under 95%. The Destination XL Group probability density function shows the probability of Destination stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.4993 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Destination will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Destination XL Group is significantly underperforming DOW.
  Odds Below 3.6HorizonTargetOdds Above 3.6
5.32%90 days
 3.60 
94.64%
Based on a normal probability distribution, the odds of Destination to move above the current price in 90 days from now is under 95 (This Destination XL Group probability density function shows the probability of Destination Stock to fall within a particular range of prices over 90 days) .

Destination Historical Income Statement

Destination XL Group Income Statement is one of the three primary financial statements used for reporting Destination's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Destination XL Group revenue and expense. Destination Income Statement primarily focuses on the company's revenues and expenses during a particular period.
The current year Direct Expenses is expected to grow to about 204.4 M View More Fundamentals

Destination Stock Against Markets

Picking the right benchmark for Destination stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Destination stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Destination is critical whether you are bullish or bearish towards Destination XL Group at a given time.

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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Destination Corporate Directors

Destination corporate directors refer to members of a Destination board of directors. The board of directors generally takes responsibility for the Destination's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Destination's board members must vote for the resolution. The Destination board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
George Porter - Independent DirectorProfile
John Kyees - DirectorProfile
Willem Mesdag - DirectorProfile
Jesse Choper - Independent DirectorProfile

Investing Destination XL Group

You need to understand the risk of investing before taking a position in Destination. The danger of trading Destination XL Group is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Destination is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Destination. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Destination XL Group is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.

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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.
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.