Peter Stratton - Destination CFO, Sr. VP and Treasurer
| DXLG Stock | USD 3.33 0.06 1.83% |
CFO
Mr. Peter H. Stratton, Jr., is Chief Financial Officer, Executive Vice President, Treasurer of the company. Mr. Stratton was our Executive Vice President, Chief Financial Officer and Treasurer since November 2017. Prior to that, Mr. Stratton served as our Senior Vice President, Chief Financial Officer and Treasurer from June 2014 to November 2017. From August 2009 to June 2014, Mr. Stratton was our Senior Vice President of Finance, Corporationrationrate Controller and Chief Accounting Officer. Mr. Stratton joined the Company in June 2009 as Vice President of Finance. Prior to joining the Company, Mr. Stratton served as the senior director of corporate accounting at BearingPoint, Inc. from May 2007 to June 2009. Prior to May 2007, Mr. Stratton held various finance and accounting leadership positions at Legal Sea Foods, Inc., Shaws Supermarkets, Inc. and Cintas Corporationrationration. since 2017.
| Age | 52 |
| Tenure | 7 years |
| Address | 555 Turnpike Street, Canton, MA, United States, 02021 |
| Phone | 781 828 9300 |
| Web | https://www.dxl.com |
Peter Stratton Latest Insider Activity
Tracking and analyzing the buying and selling activities of Peter Stratton against Destination stock is an integral part of due diligence when investing in Destination. Peter Stratton insider activity provides valuable insight into whether Destination is net buyers or sellers over its current business cycle. Note, Destination insiders must abide by specific rules, including filing SEC forms every time they buy or sell Destination'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.
Peter Stratton over a week ago Disposition of 4560 shares by Peter Stratton of Destination subject to Rule 16b-3 | ||
Peter Stratton over six months ago Exercise or conversion by Peter Stratton of 20016 shares of Destination subject to Rule 16b-3 | ||
Peter Stratton over six months ago Acquisition by Peter Stratton of 20859 shares of Destination subject to Rule 16b-3 | ||
Peter Stratton over a year ago Exercise or conversion by Peter Stratton of 4561 shares of Destination subject to Rule 16b-3 |
Destination Management Efficiency
The company has return on total asset (ROA) of 0.0742 % which means that it generated a profit of $0.0742 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1947 %, meaning that it created $0.1947 on every $100 dollars invested by stockholders. Destination's management efficiency ratios could be used to measure how well Destination manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.05. The current Return On Capital Employed is estimated to decrease to -0.06. At this time, Destination's Fixed Asset Turnover is most likely to slightly decrease in the upcoming years. The Destination's current Asset Turnover is estimated to increase to 1.59, while Non Current Assets Total are projected to decrease to roughly 107.2 M.Similar Executives
| Found 5 records | CFO Age | ||
| Christine Skold | Hibbett Sports | 47 | |
| Christopher Work | Zumiez Inc | 45 | |
| Scott Bowman | Hibbett Sports | 50 | |
| Mark DeOrio | Duluth Holdings | 61 | |
| Robert Volke | Hibbett Sports | 60 | |
Management Performance
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0742 |
Destination XL Group Leadership Team
Elected by the shareholders, the Destination's board of directors comprises two types of representatives: Destination inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Destination. The board's role is to monitor Destination's management team and ensure that shareholders' interests are well served. Destination's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Destination's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Stacey Jones, Chief Officer | ||
| Francis Chane, Senior Vice President - Distribution and Logistics | ||
| George Porter, Independent Director | ||
| Jim Reath, Chief Officer | ||
| Harvey Kanter, President CEO, Director | ||
| Anthony Gaeta, Senior Vice President | ||
| Nancy Youssef, Senior Vice President - International Business Development | ||
| John Kyees, Director | ||
| Brian Reaves, Sr. VP of Store Sales and Operations | ||
| Sahal Laher, Senior Vice President Chief Digital and Information Officer | ||
| Willem Mesdag, Director | ||
| Jesse Choper, Independent Director | ||
| John Cooney, Chief Accounting Officer | ||
| Ward Mooney, Independent Director | ||
| Walter Sprague, Senior Vice President - Human Resources | ||
| Peter Schmitz, Senior Vice President Chief Real Estate Officer | ||
| Peter Stratton, CFO, Sr. VP and Treasurer | ||
| Robert Molloy, Sr. VP, General Counsel and Secretary | ||
| Ivy Ross, Independent Director | ||
| Oliver Walsh, Director | ||
| Jack Boyle, Director | ||
| Derrick Walker, Chief Marketing Officer and Sr. VP | ||
| Lionel Conacher, Independent Director | ||
| Seymour Holtzman, Chairman of the Board | ||
| Jack McKinney, Senior Vice President CIO | ||
| Alan Bernikow, Independent Director | ||
| Kenneth Ederle, Chief Merchandising Officer and Sr. VP | ||
| David Levin, CEO and President and Director | ||
| Allison Surette, Senior Vice President General Merchandise | ||
| Mitchell Presser, Independent Director | ||
| Angela Chan, Senior Vice President Chief Sourcing Officer | ||
| Jonathan Sainsbury, Chief Officer | ||
| Angela Chew, Senior Vice President - Global Sourcing and Product Development | ||
| Robert Bogan, Chief Officer |
Destination Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Destination a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.19 | ||||
| Return On Asset | 0.0742 | ||||
| Profit Margin | 0.05 % | ||||
| Operating Margin | 0.06 % | ||||
| Current Valuation | 283.53 M | ||||
| Shares Outstanding | 57.99 M | ||||
| Shares Owned By Insiders | 10.46 % | ||||
| Shares Owned By Institutions | 84.50 % | ||||
| Number Of Shares Shorted | 4.51 M | ||||
| Price To Earning | 4.95 X |
Pair Trading with Destination
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Destination position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Destination will appreciate offsetting losses from the drop in the long position's value.Moving against Destination Stock
| 0.87 | WSM | Williams Sonoma Financial Report 28th of May 2024 | PairCorr |
| 0.84 | DKS | Dicks Sporting Goods Financial Report 28th of May 2024 | PairCorr |
| 0.76 | AN | AutoNation Earnings Call This Week | PairCorr |
| 0.67 | AEO | American Eagle Outfitters Financial Report 22nd of May 2024 | PairCorr |
| 0.67 | BBY | Best Buy Sell-off Trend | PairCorr |
The ability to find closely correlated positions to Destination could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Destination when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Destination - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Destination XL Group to buy it.
The correlation of Destination is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Destination moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Destination XL Group moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Destination can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Destination XL Group. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Complementary Tools for Destination Stock analysis
When running Destination's price analysis, check to measure Destination's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Destination is operating at the current time. Most of Destination's value examination focuses on studying past and present price action to predict the probability of Destination's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Destination's price. Additionally, you may evaluate how the addition of Destination to your portfolios can decrease your overall portfolio volatility.
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Is Destination's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Destination. If investors know Destination will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Destination listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.38) | Earnings Share 0.43 | Revenue Per Share 8.552 | Quarterly Revenue Growth (0.05) | Return On Assets 0.0742 |
The market value of Destination XL Group is measured differently than its book value, which is the value of Destination that is recorded on the company's balance sheet. Investors also form their own opinion of Destination's value that differs from its market value or its book value, called intrinsic value, which is Destination's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Destination's market value can be influenced by many factors that don't directly affect Destination's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Destination's value and its price as these two are different measures arrived at by different means. Investors typically determine if Destination is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Destination's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.