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How to Buy Destination Xl Group Stock

Destination Xl Group Inc

Destination XL Group, Inc. , together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States and Canada.

Destination Xl Group stock last closed at $3.44, down 0.58% from the previous day, and has decreased 11.57% in one year. It has underperformed other stocks in the Apparel Retail industry by 0.32 percentage points. Destination Xl Group stock is currently +10.26% from its 52-week low of $3.12, and -35.82% from its 52-week high of $5.36.

As of May 23, 2024, there are 57.99M shares of DXLG outstanding. The market capitalization of DXLG is $199.48M. In the last 24 hours, 220,702 DXLG shares were traded.

How to Buy Destination Xl Group Stock

Not sure how to invest in Destination Xl Group stock? Here's how.
  1. Figure out where to buy Destination Xl Group stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you choose where to buy Destination Xl Group stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Pick your method of payment and add your details.
  4. Evaluate Destination Xl Group stock: The Destination Xl Group ticker symbol is DXLG. Is Destination Xl Group stock a good investment? Should you buy shares of DXLG? How do DXLG's underlying business fundamentals look? Do top analysts think Destination Xl Group is a good buy? Why has DXLG's stock price moved recently? (Hint: Our stock research tools can help you figure out if DXLG is a good stock to buy).
  5. Execute your DXLG trade: Decide if you will purchase DXLG shares at the current market price or use a limit order to buy DXLG stock at a given price.
  6. Get key alerts regarding your DXLG position: Create a watchlist to important notifications about your new investment in Destination Xl Group shares.

Step 1: Figure out where to buy Destination Xl Group stock

You will need a brokerage account in order to access the NASDAQ market and buy DXLG stock.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Sign up for your brokerage account

Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in DXLG stock today.

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Step 3: Deposit money your investment account

Now that you've opened your account on the best stock trading app, you can securely and quickly fund your account:

Watch the walkthrough below for more details depositing money into your new brokerage account.

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Step 4: Evaluate Destination Xl Group stock

Once you have figured out the best place to buy Destination Xl Group stock, it's crucial to research their stock prior to investing, so you can understand the risk as well as the upside.

Destination Xl Group Numbers

DXLG Price
$3.44
1w %
-1.43%
1y %
-11.57%
5y %
90.06%
P/E
7.48x
P/B
1.34x
P/S
0.4x
PEG
N/A
Revenue
$521.82M
Earnings
$27.85M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$199.48M
Next Earnings
May 30, 2024
Next Dividend
N/A

DXLG Due Diligence Checks

WallStreetZen was designed to help everyday investors do better fundamental analysis in less time.

You can view all of the due diligence checks on DXLG's stock page.

How is DXLG stock valued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge DXLG's fair value.

Using relative valuations methods:

  • DXLG may be undervalued based on its P/E ratio of 7.48x, relative to Apparel Retail industry P/E ratio of 23.77x
  • DXLG may be undervalued based on its P/B ratio of 1.34x, relative to Apparel Retail industry P/B ratio of 7.15x

You can do more valuation research on DXLG's stock here.

A quick look at DXLG Financials

Passed Financial Due Diligence Checks:

  • Total DXLG debt is lower than 5 years ago, relative to shareholder equity.
  • There are more short-term assets than long-term liabilities on the DXLG balance sheet.
  • There are more short-term assets than short-term liabilities on the DXLG balance sheet.
  • DXLG earnings of $36.25M is not enough to cover its interest payments.
  • DXLG's operating cash flow of $49.59M allows it to safely service it's debt of $154.54M.

Failed Financial Due Diligence Checks:

  • DXLG profit margin has gone down from 16.3% to 5.3% in the past year.
  • DXLG has a relatively high debt to equity ratio of 1.4.

DXLG Trading Indicators

SMA10
3.41
SMA20
3.34
SMA50
3.38
SMA100
3.7
SMA200
4.03
MACD
0.02
MACD Signal
0
MACD Histogram
0.02
RSI
55.1
Stochastic %K
71.67
Stochastic %D
73.56
StochRSI %K
74.58
StochRSI %D
79.56

DXLG Performance Numbers

Last year, DXLG earnings were $27.85M. Over the last two year, DXLG's earnings have grown by -28.11% per year. This was slower than the Apparel Retail industry average of 11.27%.

Last year, DXLG revenue was $521.82M. In the past five year, DXLG's revenue has increased by 1.95% per year. This was slower than the Apparel Retail industry average of 8.61%.

You can research DXLG's earnings and revenue performance here.

What are DXLG insiders up to?

In the past 12 months, executives and large shareholders at DXLG have sold more shares than they have bought.

Carmen Bauza, Director of DXLG, was the latest DXLG insider to buy. They bought $20,250.00 worth of DXLG shares on May 6, 2024.

Dig into more about who owns DXLG shares here.

Does DXLG stock generate passive income?

No, Destination Xl Group doesn't provide an income stream by paying out dividends.

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Step 5: Execute your DXLG trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be sure you're buying or selling at a particular dollar amount limit, place a limit order.

Press the Open button and your broker will execute your order.

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Step 6: Get key alerts regarding your DXLG position

Now that you own some DXLG shares, you'll want to keep up with your new stock purchase.

Start a watchlist to keep tabs on your DXLG stock.

DXLG Feed

How to Buy Stock in Destination Xl Group

To summarize, here are the 6 steps for buying Destination Xl Group stock:

  1. Figure out where to buy Destination Xl Group stock
  2. Sign up for your brokerage account
  3. Deposit money your investment account
  4. Evaluate Destination Xl Group stock
  5. Execute your DXLG trade
  6. Get key alerts regarding your DXLG position

If you require a brokerage, eToro is our favorite venue.

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If you want to keep an eye on your new investment in Destination Xl Group, click below.

NASDAQ: DXLG
$3.44-0.02 (-0.58%)
Updated May 23, 2024
Open eToro Account
NASDAQ: DXLG
$3.44-0.02 (-0.58%)
Updated May 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one Destination Xl Group share?

As of May 23, 2024, it costs $3.44 to buy one share of Destination Xl Group stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.291 shares of DXLG.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Destination Xl Group stock?

One way to place an order for Destination Xl Group stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.