<div id="readability-page-1"><p>Destination XL Group (NASDAQ:DXLG - Get Free Report) issued its quarterly earnings data on Thursday. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by ($0.03), Zacks reports. Destination XL Group had a negative net margin of 1.19% and a negative return on equity of 2.13%.</p><div><p><span></span><span>Get <strong>Destination XL Group</strong> alerts:</span></p></div><h2>Destination XL Group Trading Up 44.4%</h2><ul><li>Is Back-to-School Spending a Sign of Growing Consumer Confidence?</li></ul><p>DXLG stock traded up $0.48 during trading on Thursday, reaching $1.56. 1,876,746 shares of the stock were exchanged, compared to its average volume of 232,382. The stock has a 50 day simple moving average of $1.02 and a 200-day simple moving average of $1.17. The company has a market capitalization of $84.06 million, a P/E ratio of -17.33 and a beta of 0.93. Destination XL Group has a twelve month low of $0.88 and a twelve month high of $3.10. </p><h2>Institutional Inflows and Outflows</h2><p>Several hedge funds and other institutional investors have recently bought and sold shares of DXLG. Bank of America Corp DE boosted its stake in  Destination XL Group by 24.4% during the second quarter. Bank of America Corp DE now owns 42,894 shares of the company's stock worth $48,000 after buying an additional 8,404 shares in the last quarter.  Jane Street Group LLC grew its position in  Destination XL Group by 32.9% in the first quarter. Jane Street Group LLC now owns 63,044 shares of the company's stock valued at $92,000 after acquiring an additional 15,593 shares during the period.  XTX Topco Ltd acquired a new position in  Destination XL Group during the second quarter worth $72,000.  Qube Research &amp; Technologies Ltd bought a new position in shares of  Destination XL Group during the second quarter valued at $84,000.  Finally, Two Sigma Investments LP boosted its stake in shares of  Destination XL Group by 64.8% in the 3rd quarter. Two Sigma Investments LP now owns 136,703 shares of the company's stock valued at $179,000 after purchasing an additional 53,773 shares in the last quarter. 73.49% of the stock is owned by institutional investors. </p><h2>Analyst Ratings Changes</h2><p>A number of analysts have recently weighed in on the stock. Wall Street Zen upgraded shares of Destination XL Group from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Monday, September 15th. Weiss Ratings  reissued a &#34;sell (d)&#34; rating on shares of Destination XL Group in a research report on Wednesday, October 8th. One research analyst  has rated the stock with a Buy rating and one  has issued  a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of &#34;Hold&#34; and a consensus target price of $2.50.</p><p><b>Get Our Latest Analysis on DXLG</b></p><h2>Destination XL Group Company Profile</h2> (Get Free Report)<p>Destination XL Group, Inc, together with its subsidiaries, operates as a specialty retailer of big and tall men's clothing and shoes in the United States. The company's stores offer sportswear and dresswear; fashion-neutral items, including jeans, casual pants, T-shirts, polo shirts, dress shirts, and suit separates; and casual clothing.</p><h2>Read More</h2><ul><li>Five stocks we like better than Destination XL Group</li><li>Using the MarketBeat Dividend Yield Calculator</li><li>Beyond the Magnificent 7: Meet 3 of Tech’s Rising Stars</li><li>Health Care Stocks Explained: Why You Might Want to Invest</li><li>The Quantum Fleet: Investing in the New Quantum Standard</li><li>5 discounted opportunities for dividend growth investors</li><li>AST SpaceMobile Gears Up for Its BlueBird 6 Launch Next Week</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RFhMRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RFhMRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Destination XL Group Right Now?</h2><p>Before you consider Destination XL Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Destination XL Group wasn't on the list.</p><p>While Destination XL Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

DXLG

<p>Destination XL Group (NASDAQ:DXLG) reported a quarterly loss of $0.08 per share, missing the consensus estimate of $0.05 by $0.03. The company had a negative net margin of 1.19% and a negative return on equity of 2.13%. Despite this, the stock traded up 44.4% to $1.56. Institutional investors have been active, with significant changes in holdings. Analysts have mixed ratings, with a consensus rating of 'Hold' and a target price of $2.50.</p>

Destination XL Group (NASDAQ:DXLG) Posts Earnings Results, Misses Estimates By $0.03 EPS