Destination Maternity (NASDAQ:DEST) posted its quarterly earnings results on Tuesday. The company reported ($0.31) earnings per share for the quarter, Morningstar.com reports. The company had revenue of $91.29 million for the quarter. Destination Maternity had a negative net margin of 4.55% and a negative return on equity of 19.02%. Destination Maternity updated its FY 2019 guidance to $-0.12-0.08 EPS.
DEST opened at $2.16 on Wednesday. The stock has a market cap of $31.07 million, a P/E ratio of -2.92 and a beta of -0.08. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.18 and a quick ratio of 0.23. Destination Maternity has a fifty-two week low of $1.62 and a fifty-two week high of $6.84.
In related news, insider Kingdon Capital Management, L. purchased 15,205 shares of Destination Maternity stock in a transaction that occurred on Thursday, January 24th. The stock was bought at an average price of $3.02 per share, for a total transaction of $45,919.10. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In the last 90 days, insiders have purchased 52,897 shares of company stock valued at $165,105. 2.70% of the stock is owned by company insiders.
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About Destination Maternity
Destination Maternity Corporation designs and retails maternity apparel. As of August 4, 2018, the company operated 1,114 retail locations, including 480 stores in the United States, Canada, and Puerto Rico under the Motherhood Maternity, A Pea in the Pod, and Destination Maternity names; and 634 leased department locations in the United States and Puerto Rico.
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