Destination Stock Target Price and Analyst Consensus
| DXLG Stock | USD 3.33 0.06 1.83% |
The current analyst and expert consensus on Destination is Buy, with only one strong buy opinion. The current projected Destination target price consensus is 8.00 with 2 analyst opinions. The most common way Destination XL Group analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Destination executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Destination. We encourage you to use your own analysis of Destination XL Group to validate this buy or sell advice. Destination buy-or-sell recommendation module provides average expert sentiment on the projected Destination XL Group target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Destination to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast 7.28 | Highest Forecast 8.88 | Target Price 8 |
Destination |
It's important to approach Destination's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.
Steps to utilize Destination price targets
Destination's stock target price is an estimate of its future price, usually made by analysts. Using Destination's target price to determine if it is a suitable investment can be done through the following steps:- Look at Destination's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
- Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
- Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
- Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Destination's stock is likely to perform well.
- Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Additional Destination Value Projection Modules
Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Destination is a key component of Destination valuation and have some predictive power on the future returns of a Destination.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Destination's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Trending Themes
If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment. | Blockchain Invested a lot of shares | |
 | Chemicals Invested over 40 shares | |
 | Banking Invested over 50 shares | |
 | Momentum Invested few shares | |
 | Dividend Beast Invested over 70 shares | |
Check out Macroaxis Advice on Destination to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Complementary Tools for Destination Stock analysis
When running Destination's 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 the 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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The data published in Destination's official financial statements usually reflect Destination's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Destination XL Group. For example, before you start analyzing numbers published by Destination accountants, it's critical to develop an understanding of what Destination's liquidity, profitability, and earnings quality are in the context of the Specialty Retail space in which it operates.
Please note, the presentation of Destination's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Destination's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Destination's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Destination XL Group. Please utilize our Beneish M Score to check the likelihood of Destination's management manipulating its earnings.