Destination Maternity Corp. (NASDAQ:DEST) had its target price boosted by Needham & Company from $34.00 to $37.00 in a report issued on Friday, American Banking and Market News reports.
Destination Maternity Corp. (NASDAQ:DEST) opened at 31.71 on Friday. Destination Maternity Corp. has a 1-year low of $20.60 and a 1-year high of $32.98. The stock has a 50-day moving average of $31.20 and a 200-day moving average of $28.61. The company has a market cap of $422.4 million and a price-to-earnings ratio of 17.81.
Destination Maternity Corp. (NASDAQ:DEST) last released its earnings data on Thursday, November 14th. The company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.41 by $0.08. The company had revenue of $128.25 million for the quarter, compared to the consensus estimate of $129.65 million. During the same quarter last year, the company posted $0.39 earnings per share. Destination Maternity Corp.’s revenue was down .2% compared to the same quarter last year. On average, analysts predict that Destination Maternity Corp. will post $1.93 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Friday, December 27th. Shareholders of record on Friday, December 6th will be paid a dividend of $0.19 per share. This represents a $0.75 annualized dividend and a dividend yield of 2.37%. The ex-dividend date is Wednesday, December 4th.
Destination Maternity Corporation is the designer and retailer of maternity apparel in the United States and is the nationwide chain of maternity specialty stores.
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