DSW Given Consensus Recommendation of “Hold” by Analysts (NYSE:DSW)
DSW (NYSE:DSW) has received a consensus recommendation of “Hold” from the eleven brokerages that are covering the company, Stock Ratings Network reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $30.73.
A number of research firms have recently commented on DSW. Analysts at Sterne Agee downgraded shares of DSW from a “neutral” rating to an “underperform” rating in a research note on Monday, July 28th. They now have a $23.00 price target on the stock. Separately, analysts at Goldman Sachs upgraded shares of DSW from a “neutral” rating to a “buy” rating in a research note on Monday, June 16th. They now have a $35.00 price target on the stock, up previously from $27.00. Finally, analysts at Buckingham Research reiterated a “buy” rating on shares of DSW in a research note on Thursday, May 29th. They now have a $29.00 price target on the stock, down previously from $44.00.
DSW (NYSE:DSW) opened at 26.75 on Thursday. DSW has a 52 week low of $23.45 and a 52 week high of $47.55. The stock’s 50-day moving average is $27.38 and its 200-day moving average is $32.61. The company has a market cap of $2.632 billion and a price-to-earnings ratio of 16.25.
DSW (NYSE:DSW) last issued its quarterly earnings data 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 will post $1.55 earnings per share for the current fiscal year.
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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