Alert: Negative Investment/Fundamental Signals (12/11/23)-Designer Brands Inc (NYSE: DBI)


Designer Brands Inc (NYSE: DBI) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, its longer term price trend turned down, and negative upside/downside volume developed.

Recent notable negative changes in fundamentals have impacted Designer Brands Inc (NYSE: DBI): the consensus estimate for January, 2023 decreased significantly, and the consensus estimate for January, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of A. We would view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

DBI is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Designer Brands has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Designer Brands has a slightly positive Appreciation Score of 66 and a very high Power Rating of 88, and the Highest Value Trend Rating results.

Recent Price Action

On 12/11/23, Designer Brands Inc (NYSE: DBI) stock enjoyed a large increase of 4.0%, closing at $8.66. Moreover, trading volume in this advance was above average at 137% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -30.4% during the last week.

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