Destination Maternity (DEST) Downgraded by ValuEngine
ValuEngine lowered shares of Destination Maternity (NASDAQ:DEST) from a buy rating to a hold rating in a report released on Wednesday.
Shares of NASDAQ:DEST traded down $0.12 during trading on Wednesday, hitting $4.92. 34,415 shares of the stock were exchanged, compared to its average volume of 66,237. Destination Maternity has a 1-year low of $1.88 and a 1-year high of $6.84. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.24 and a quick ratio of 0.27.
Destination Maternity (NASDAQ:DEST) last announced its quarterly earnings data on Monday, September 10th. The company reported ($0.11) earnings per share for the quarter. The firm had revenue of $96.40 million for the quarter. Destination Maternity had a negative return on equity of 19.45% and a negative net margin of 5.36%.
Destination Maternity Company Profile
Destination Maternity Corporation designs and retails maternity apparel. As of February 3, 2018, the company operated 1,124 retail locations, including 487 stores in the United States, Canada, and Puerto Rico under the Motherhood Maternity, A Pea in the Pod, and Destination Maternity names; and 637 leased department locations in the United States and Puerto Rico.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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