News articles about Destination XL Group (NASDAQ:DXLG) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group rates the sentiment of press coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Destination XL Group earned a media sentiment score of 0.17 on Accern’s scale. Accern also assigned headlines about the specialty retailer an impact score of 45.9339967914792 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

Here are some of the news headlines that may have effected Accern Sentiment’s rankings:

Destination XL Group (NASDAQ DXLG) traded down 2.63% on Tuesday, reaching $1.85. The company’s stock had a trading volume of 270,670 shares. The stock’s market capitalization is $91.14 million. Destination XL Group has a 52 week low of $1.70 and a 52 week high of $5.57. The firm has a 50 day moving average price of $2.20 and a 200 day moving average price of $2.58.

Destination XL Group (NASDAQ:DXLG) last posted its earnings results on Friday, May 19th. The specialty retailer reported ($0.07) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by $0.02. The business had revenue of $107.70 million for the quarter, compared to analyst estimates of $109.24 million. Destination XL Group had a negative net margin of 1.90% and a negative return on equity of 5.81%. The business’s revenue for the quarter was down .2% on a year-over-year basis. On average, equities analysts anticipate that Destination XL Group will post ($0.11) EPS for the current year.

A number of research firms have commented on DXLG. Zacks Investment Research cut Destination XL Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 25th. FBR & Co restated an “outperform” rating and set a $3.00 price target on shares of Destination XL Group in a research note on Tuesday, July 11th.

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In other Destination XL Group news, Director Seymour Holtzman bought 25,000 shares of Destination XL Group stock in a transaction that occurred on Monday, July 10th. The shares were acquired at an average price of $2.05 per share, for a total transaction of $51,250.00. Following the acquisition, the director now owns 4,196,064 shares of the company’s stock, valued at approximately $8,601,931.20. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 31.46% of the company’s stock.

Destination XL Group Company Profile

Destination XL Group, Inc is a specialty retailer of men’s apparel with retail and direct operations in the United States and London, England. The Company operates through the Big & Tall Men’s Apparel segment. The Company operates under the trade names of Destination XL, DXL, Casual Male XL, Casual Male XL outlets, DXL outlets, Rochester Clothing, ShoesXL and LivingXL.

Insider Buying and Selling by Quarter for Destination XL Group (NASDAQ:DXLG)

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