DSW Inc. (NYSE:DSW) – Stock analysts at William Blair issued their FY2020 earnings per share (EPS) estimates for shares of DSW in a research report issued to clients and investors on Tuesday. William Blair analyst D. Carden forecasts that the company will post earnings per share of $1.72 for the year.
A number of other analysts have also recently issued reports on the company. Canaccord Genuity reaffirmed a “hold” rating and issued a $22.00 price objective (up from $20.00) on shares of DSW in a research report on Wednesday. B. Riley set a $22.00 price objective on DSW and gave the company a “neutral” rating in a research report on Wednesday. Zacks Investment Research cut DSW from a “buy” rating to a “hold” rating in a research report on Friday, March 9th. Finally, Susquehanna Bancshares raised DSW from a “neutral” rating to a “positive” rating in a research report on Sunday, November 26th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of $21.18.
DSW (NYSE:DSW) last posted its quarterly earnings data on Tuesday, March 13th. The company reported $0.38 earnings per share for the quarter, topping the consensus estimate of $0.27 by $0.11. DSW had a return on equity of 11.43% and a net margin of 3.13%. The company had revenue of $720.00 million during the quarter, compared to analysts’ expectations of $728.46 million. During the same period in the prior year, the firm earned $0.20 earnings per share. DSW’s revenue for the quarter was up 6.7% compared to the same quarter last year.
Several hedge funds have recently modified their holdings of DSW. First Trust Advisors LP boosted its holdings in shares of DSW by 8.6% in the 3rd quarter. First Trust Advisors LP now owns 163,661 shares of the company’s stock valued at $3,515,000 after purchasing an additional 12,909 shares in the last quarter. Crossmark Global Holdings Inc. acquired a new stake in shares of DSW in the 3rd quarter valued at $275,000. Prudential Financial Inc. boosted its holdings in shares of DSW by 1.1% in the 3rd quarter. Prudential Financial Inc. now owns 512,916 shares of the company’s stock valued at $11,017,000 after purchasing an additional 5,520 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of DSW by 6.7% in the 3rd quarter. Principal Financial Group Inc. now owns 547,631 shares of the company’s stock valued at $11,763,000 after purchasing an additional 34,540 shares in the last quarter. Finally, Jennison Associates LLC acquired a new stake in shares of DSW in the 3rd quarter valued at $2,077,000. 97.04% of the stock is currently owned by hedge funds and other institutional investors.
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DSW Company Profile
DSW Inc is a footwear retailer. The Company offers an assortment of brand name dress, casual and athletic footwear and accessories for women, men and kids. The Company operates through two segments: the DSW segment (DSW), which includes DSW stores and dsw.com, and the Affiliated Business Group (ABG) segment.
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