DSW (DSW) Earning Somewhat Positive Media Coverage, Study Shows
Media coverage about DSW (NYSE:DSW) has trended somewhat positive this week, Accern Sentiment reports. The research group ranks 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. DSW earned a media sentiment score of 0.06 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.4641070887774 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
These are some of the news stories that may have impacted Accern’s scoring:
- DSW Inc.: DSW Inc. Announces Second Quarter 2018 Earnings Release Date (twst.com)
- JILL vs. DSW: Which Stock Is the Better Value Option? (zacks.com)
- Pinterest says it will attract some 50M back-to-school shoppers this season (marketingland.com)
- Why DSW (DSW) is Poised to Beat Earnings Estimates Again (finance.yahoo.com)
- $689.23 Million in Sales Expected for DSW Inc. (DSW) This Quarter (americanbankingnews.com)
DSW opened at $27.84 on Friday. The stock has a market capitalization of $2.22 billion, a P/E ratio of 18.32, a P/E/G ratio of 2.45 and a beta of 0.63. DSW has a 12 month low of $15.14 and a 12 month high of $29.27.
Several research analysts recently commented on DSW shares. Zacks Investment Research upgraded DSW from a “hold” rating to a “buy” rating and set a $32.00 price target for the company in a research report on Tuesday. Needham & Company LLC started coverage on DSW in a research report on Thursday, June 21st. They issued a “buy” rating and a $29.00 price target for the company. B. Riley set a $23.00 price target on DSW and gave the stock a “hold” rating in a research report on Thursday, May 31st. Canaccord Genuity set a $22.00 price target on DSW and gave the stock a “hold” rating in a research report on Tuesday, May 29th. Finally, Deutsche Bank lowered DSW from a “buy” rating to a “hold” rating and set a $24.00 price target for the company. in a research report on Wednesday, May 23rd. Eleven equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $23.90.
In related news, CFO Jared A. Poff sold 1,960 shares of DSW stock in a transaction dated Tuesday, June 12th. The stock was sold at an average price of $25.47, for a total value of $49,921.20. Following the completion of the transaction, the chief financial officer now owns 11,785 shares in the company, valued at $300,163.95. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 16.70% of the company’s stock.
DSW Inc, together with its subsidiaries, operates as a branded footwear and accessories retailer in the United States. The company offers dresses, casual and athletic footwear, and accessories under various brands for women, men, and kids. It also provides handbags, hosiery, jewelry, and other accessories.
Further Reading: Understanding Average Daily Trade Volume
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