Press coverage about DSW (NYSE:DSW) has trended somewhat positive recently, Accern Sentiment reports. The research firm rates the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. DSW earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news articles about the company an impact score of 46.9534798215069 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
DSW (NYSE:DSW) opened at $21.49 on Thursday. The stock has a market capitalization of $1,718.34, a price-to-earnings ratio of 15.91, a price-to-earnings-growth ratio of 2.41 and a beta of 0.85. DSW has a 52-week low of $15.14 and a 52-week high of $25.96.
DSW (NYSE:DSW) last released its quarterly earnings data on Tuesday, November 21st. The company reported $0.45 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.53 by ($0.08). The business had revenue of $708.30 million during the quarter, compared to analysts’ expectations of $710.24 million. DSW had a return on equity of 11.43% and a net margin of 3.13%. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.51 EPS. analysts expect that DSW will post 1.42 earnings per share for the current fiscal year.
DSW declared that its board has initiated a stock buyback program on Tuesday, August 22nd that allows the company to repurchase $500.00 million in shares. This repurchase authorization allows the company to buy up to 33.8% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.
A number of equities analysts recently issued reports on the company. UBS raised DSW from a “neutral” rating to a “positive” rating in a report on Thursday, November 16th. Deutsche Bank reaffirmed a “buy” rating and issued a $22.00 price target (up from $21.00) on shares of DSW in a report on Wednesday, August 23rd. Standpoint Research cut DSW from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. B. Riley reiterated a “buy” rating and issued a $22.00 price objective on shares of DSW in a research note on Monday, August 28th. Finally, Zacks Investment Research upgraded DSW from a “hold” rating to a “strong-buy” rating and set a $25.00 price objective for the company in a research note on Thursday, September 28th. One analyst has rated the stock with a sell rating, thirteen have assigned a hold rating, five have issued a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $21.58.
In other DSW news, Chairman Deborah L. Ferree sold 10,073 shares of the company’s stock in a transaction on Wednesday, September 27th. The stock was sold at an average price of $21.53, for a total value of $216,871.69. Following the sale, the chairman now owns 113,920 shares of the company’s stock, valued at $2,452,697.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William L. Jordan sold 15,100 shares of the company’s stock in a transaction on Friday, September 8th. The shares were sold at an average price of $19.00, for a total value of $286,900.00. Following the completion of the sale, the executive vice president now directly owns 56,688 shares in the company, valued at approximately $1,077,072. The disclosure for this sale can be found here. Insiders sold 35,173 shares of company stock valued at $716,972 in the last quarter. 20.40% of the stock is currently owned by company insiders.
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DSW Company Profile
DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.
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