Auriga Gives Buy Rating to DSW (DSW)
Shares of DSW opened at 55.43 on Monday. DSW has a 52 week low of $37.29 and a 52 week high of $58.65. The company has a market cap of $2.430 billion and a P/E ratio of 12.20.
DSW last issued its quarterly earnings data on Tuesday, March 20th. The company reported $0.51 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.48 by $0.03. DSW’s revenue was up 9.7% compared to the same quarter last year. On average, analysts predict that DSW will post $0.74 earnings per share next quarter.
Separately, analysts at Avondale Partners raised their price target on shares of DSW from $54.00 to $65.00 in a research note to investors on Friday, March 16th. They now have an “outperform” rating on the stock.
DSW Inc. (DSW) is a branded footwear specialty retailer. As of January 30, 2010, the Company operated 305 shoe stores in 39 states in the United States.