DSW (NYSE:DSW) has been given a $22.00 price objective by research analysts at B. Riley in a research report issued to clients and investors on Wednesday, March 14th, MarketBeat.com reports. The brokerage currently has a “neutral” rating on the stock. B. Riley’s price objective indicates a potential upside of 0.46% from the stock’s current price. B. Riley also issued estimates for DSW’s Q1 2019 earnings at $0.38 EPS, Q2 2019 earnings at $0.46 EPS, Q4 2019 earnings at $0.31 EPS, FY2019 earnings at $1.63 EPS and FY2020 earnings at $1.73 EPS.
DSW has been the subject of a number of other reports. Zacks Investment Research upgraded DSW from a “hold” rating to a “buy” rating and set a $22.00 price target for the company in a research note on Tuesday, February 27th. UBS upgraded DSW from a “neutral” rating to a “positive” rating in a research note on Thursday, November 16th. Susquehanna Bancshares upgraded DSW from a “neutral” rating to a “positive” rating in a research note on Sunday, November 26th. Buckingham Research lifted their price target on DSW from $18.00 to $22.00 and gave the stock a “neutral” rating in a research note on Monday, November 20th. Finally, Canaccord Genuity reiterated a “hold” rating on shares of DSW in a research note on Monday, November 20th. One investment analyst has rated the stock with a sell rating, ten have issued a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $21.40.
Shares of DSW stock opened at $21.90 on Wednesday. The stock has a market cap of $1,799.93, a PE ratio of 14.41, a price-to-earnings-growth ratio of 1.91 and a beta of 0.63. DSW has a 1-year low of $15.14 and a 1-year high of $22.78.
DSW (NYSE:DSW) last posted its quarterly earnings results on Tuesday, March 13th. The company reported $0.38 EPS for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.11. The business had revenue of $720.00 million during the quarter, compared to the consensus estimate of $728.46 million. DSW had a return on equity of 12.86% and a net margin of 2.40%. The company’s revenue for the quarter was up 6.7% compared to the same quarter last year. During the same period last year, the firm earned $0.20 earnings per share. sell-side analysts predict that DSW will post 1.62 EPS for the current fiscal year.
In other DSW news, EVP William L. Jordan sold 34,412 shares of the firm’s stock in a transaction dated Thursday, March 29th. The shares were sold at an average price of $22.47, for a total value of $773,237.64. Following the transaction, the executive vice president now owns 88,705 shares of the company’s stock, valued at $1,993,201.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 20.40% of the company’s stock.
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Sit Investment Associates Inc. bought a new stake in shares of DSW during the fourth quarter valued at approximately $100,000. Meadow Creek Investment Management LLC bought a new stake in shares of DSW during the fourth quarter valued at approximately $114,000. Cerebellum GP LLC bought a new stake in shares of DSW during the fourth quarter valued at approximately $129,000. Advisor Group Inc. raised its holdings in shares of DSW by 240.4% during the fourth quarter. Advisor Group Inc. now owns 8,204 shares of the company’s stock valued at $176,000 after buying an additional 5,794 shares during the last quarter. Finally, Wealthcare Advisory Partners LLC bought a new stake in shares of DSW during the third quarter valued at approximately $197,000. 97.01% of the stock is currently owned by hedge funds and other institutional investors.
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DSW Company Profile
DSW Inc, together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company operates through two segments, DSW and Affiliated Business Group. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids.
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