Destination Maternity (DEST) Receiving Somewhat Positive Press Coverage, Accern Reports

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News articles about Destination Maternity (NASDAQ:DEST) have been trending somewhat positive on Friday, according to Accern Sentiment. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Destination Maternity earned a news impact score of 0.16 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 45.3577826096013 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Destination Maternity stock traded down $0.15 during trading hours on Friday, hitting $4.31. 318,871 shares of the stock traded hands, compared to its average volume of 212,598. The company has a current ratio of 1.24, a quick ratio of 0.32 and a debt-to-equity ratio of 0.55. Destination Maternity has a 1 year low of $1.03 and a 1 year high of $6.84.

Destination Maternity (NASDAQ:DEST) last posted its quarterly earnings results on Thursday, June 14th. The company reported $0.07 earnings per share for the quarter. The business had revenue of $103.23 million for the quarter. Destination Maternity had a negative return on equity of 17.82% and a negative net margin of 5.02%.

Separately, ValuEngine upgraded Destination Maternity from a “hold” rating to a “buy” rating in a research note on Tuesday, June 26th.

In other news, CEO Marla A. Ryan purchased 12,000 shares of the company’s stock in a transaction on Friday, June 15th. The shares were acquired at an average price of $4.80 per share, for a total transaction of $57,600.00. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. 2.70% of the stock is currently owned by insiders.

About Destination Maternity

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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