Dixie Group Inc (DXYN) Receives Consensus Recommendation of “Buy” from Brokerages
Dixie Group Inc (NASDAQ:DXYN) has received a consensus broker rating score of 2.00 (Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a buy recommendation.
Brokers have set a twelve-month consensus target price of $5.00 for the company and are anticipating that the company will post $0.01 earnings per share for the current quarter, according to Zacks. Zacks has also given Dixie Group an industry rank of 100 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research downgraded Dixie Group from a “hold” rating to a “strong sell” rating in a research report on Monday, November 13th.
Dixie Group (DXYN) traded up $0.05 during trading hours on Friday, reaching $3.55. The company’s stock had a trading volume of 17,785 shares, compared to its average volume of 19,389. Dixie Group has a twelve month low of $3.30 and a twelve month high of $5.20. The company has a market capitalization of $58.51, a price-to-earnings ratio of -22.19 and a beta of 0.60. The company has a quick ratio of 0.81, a current ratio of 2.61 and a debt-to-equity ratio of 1.46.
Dixie Group Company Profile
The Dixie Group, Inc is engaged in marketing, manufacturing and selling of carpet and rugs. The Company offers its products to various residential and commercial customers through its various sales forces and brands. The Company operates through the carpet and rug manufacturing segment. The Company also provides carpet and yarn related services to other manufacturers.
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