DSW Inc. (DSW) Updates FY15 Earnings Guidance
DSW Inc. (NYSE:DSW) updated its FY15 earnings guidance on Wednesday. The company provided EPS guidance of $1.52-1.67 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.90, Analyst Ratings Network.com reports.
DSW Inc. (NYSE:DSW) opened at 32.52 on Wednesday. DSW Inc. has a 52 week low of $32.40 and a 52 week high of $47.55. The stock has a 50-day moving average of $33.95 and a 200-day moving average of $38.77. The company has a market cap of $3.204 billion and a P/E ratio of 19.96.
DSW (NYSE:DSW) last announced its earnings results on Wednesday, May 28th. The company reported $0.42 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.48 by $0.06. The company had revenue of $599.00 million for the quarter, compared to the consensus estimate of $622.40 million. During the same quarter in the prior year, the company posted $1.00 earnings per share. The company’s quarterly revenue was down .4% on a year-over-year basis. On average, analysts predict that DSW Inc. will post $1.90 earnings per share for the current fiscal year.
DSW has been the subject of a number of recent research reports. Analysts at Canaccord Genuity reiterated a hold rating on shares of DSW in a research note on Thursday, May 22nd. On a related note, analysts at Buckingham Research initiated coverage on shares of DSW in a research note on Thursday, May 8th. They set a buy rating and a $44.00 price target on the stock. Finally, analysts at Citigroup Inc. reiterated a buy rating on shares of DSW in a research note on Wednesday, April 30th. They now have a $46.00 price target on the stock. One analyst has rated the stock with a sell rating, six have assigned a hold rating and seven have issued a buy rating to the stock. DSW currently has an average rating of Hold and a consensus price target of $53.12.
DSW Inc (NYSE:DSW) is a United States branded footwear and accessories specialty retailer operating 326 shoe stores in 40 states as of January 28, 2012, and dsw.
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