Dixie Group Inc (NASDAQ:DXYN) has been assigned an average broker rating score of 2.00 (Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a buy recommendation.
Brokerages have set a 1-year consensus price objective of $5.00 for the company and are expecting 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 173 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 (NASDAQ DXYN) opened at $3.70 on Wednesday. The company has a current ratio of 2.61, a quick ratio of 0.81 and a debt-to-equity ratio of 1.46. The company has a market capitalization of $57.30, a P/E ratio of -20.55 and a beta of 0.61. Dixie Group has a 52-week low of $3.30 and a 52-week high of $5.20.
Dixie Group (NASDAQ:DXYN) last posted its earnings results on Thursday, November 9th. The textile maker reported ($0.03) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.08 by ($0.11). Dixie Group had a negative return on equity of 2.89% and a negative net margin of 0.68%. analysts forecast that Dixie Group will post 0.02 earnings per share for the current fiscal year.
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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