The asset utilization indicator refers to the revenue earned for every dollar of assets a company currently reports. Destination has an asset utilization ratio of 385.12 percent. This indicates that the company is making $3.85 for each dollar of assets. An increasing asset utilization means that Destination XL Group is more efficient with each dollar of assets it utilizes for everyday operations.
The company has Profit Margin (PM) of
(16.29) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of
(10.61) %, which suggests for every $100 dollars of sales, it generated a net operating loss of -0.11.
The successful prediction of Destination
stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published
stock prices of traded companies, such as Destination XL Group, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at
the intrinsic value of Destination based on Destination hews, social hype, general headline patterns, and widely used
predictive technical indicators. We also calculate exposure to Destination's
market risk, different
technical and
fundamental indicators, relevant financial multiples and ratios, and then
comparing them to Destination's related companies.
Use Technical Analysis to project Destination expected Price
Destination technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Destination technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Destination trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions.
More Info...Destination Gross Profit
Destination Gross Profit growth is one of the most critical measures in evaluating the company. The Gross Profit growth rate is calculated simply by comparing Destination previous period's values with its current period's values. Each time period you're measuring should be of equal lengths the increase or decrease, in a company's Gross Profit between two periods. Here we show Destination Gross Profit growth over the last 10 years. Please check Destination's
gross profit and other
fundamental indicators for more details.
An Additional Perspective On Destination XL Group
The company reported the previous year's revenue of 350.08
M. Net Loss for the year was (57.02
M) with profit before overhead, payroll, taxes, and interest of 204.2
M.
Cost of Revenue Breakdown
Destination Cost of Revenue is increasing over the years with slightly volatile fluctuation. Ongoing Cost of Revenue is projected to grow to about 253.8
M this year. Cost of Revenue usually refers to the aggregate cost of goods produced and sold and services rendered during the reporting period. Destination Cost of Revenue is projected to increase significantly based on the last few years of reporting. The past year's Cost of Revenue was at 224.01 Million
| 2010 | 210.14 Million |
| 2014 | 269.84 Million |
| 2020 | 224.01 Million |
| 2021 | 253.75 Million |
Another 3 percent surge for Destination
The coefficient of variation is down to 525.8 as of today.
As of the 18th of March 2021, Destination shows the Downside Deviation of 7.52,
coefficient of variation of 525.8, and Mean Deviation of 5.67. Destination XL Group
technical analysis allows you to utilize
historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of
historical prices and volume momentum, or the prices will eventually revert. We were able to break down and interpolate nineteen
technical drivers for Destination XL Group, which can be compared to its rivals. Please confirm
Destination XL Group variance,
maximum drawdown, as well as the
relationship between the Maximum Drawdown and
semi variance to decide if Destination XL Group is priced favorably, providing market reflects its regular price of 0.79 per share. As
Destination XL Group is a penny stock we also recommend to verify its
total risk alpha numbers.
Our Final Take On Destination
Although some firms within the apparel retail industry are still a little expensive, even after the recent corrections, Destination may offer a potential longer-term growth to shareholders. With an impartial outlook on the current market volatility, it may be better to hold off any inventment activity and neither pick up nor exit any shares of Destination at this time. The Destination XL Group risk-reward trade off is not appealing enough to do any trading. Please use our equity advice module to run different scenarios to ensure your current risk level and investment horizon are fully reflective of your current investing preferences in regards to Destination.
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Rifka Kats is a Member of Macroaxis Editorial Board. Rifka writes about retail product and service companies from the perspective of a regular consumer and sophisticated investor at the same time. She is passionate about corporate ethics and equality in the workforce.
View Profile This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Rifka Kats do not own shares of Destination XL Group. Please refer to our
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