DBGIW Company Profile and Key Details

NASDAQ : DBGIW

Digital Brands Group

$16.00

3.39+26.88%

At Close 4:00 PM

Not Actively Trading

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

Digital Brands Group, Inc. (DBGIW) stock surged +26.88%, trading at $16.00 on NASDAQ, up from the previous close of $12.61. The stock opened at $12.90, fluctuating between $12.90 and $16.00 in the recent session.

Stock Snapshot

12.61

Prev. Close

30.47M

Market Cap

12.9

Day Low

P/E Ratio

EPS (TTM)

-14.24

Cash Flow per Share

12.9

Open

1.9M

Number of Shares

Day High

137.41%

Free Float in %

3.78

Book Value

818

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close	Volume
Dec 17, 2024	12.90	16.00	12.90	16.00	818
Dec 16, 2024	12.83	12.83	12.30	12.80	1.71K
Dec 13, 2024	12.61	12.70	12.60	12.70	1.35K
Dec 12, 2024	11.66	11.66	11.66	11.66	267
Dec 11, 2024	14.10	14.10	14.10	14.10	111
Dec 10, 2024	11.67	18.50	11.67	18.50	3.13K
Dec 09, 2024	11.56	11.56	11.56	11.56	276
Dec 05, 2024	12.80	12.80	12.80	12.80	167
Dec 04, 2024	10.91	12.56	10.91	12.02	3.73K
Dec 02, 2024	12.80	13.69	12.80	13.08	2.81K
Nov 20, 2024	15.05	15.05	15.05	15.05	350
Nov 18, 2024	16.10	16.10	16.10	16.10	493
Nov 15, 2024	14.00	21.00	14.00	21.00	2.73K
Nov 14, 2024	12.70	13.03	12.70	13.03	1.5K
Nov 13, 2024	12.17	12.20	11.65	11.71	1.63K
Nov 12, 2024	9.75	21.95	9.30	14.50	19.32K
Nov 11, 2024	9.80	10.69	8.75	9.00	5.27K
Nov 08, 2024	7.90	9.03	7.80	9.01	1.5K
Nov 07, 2024	9.99	10.00	7.21	7.90	2.63K
Nov 05, 2024	13.10	13.10	10.98	10.99	4.27K

Contact Details

Austin, TX 78701

United States

http://www.digitalbrandsgroup.co 209 651 0172

About Company

Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. It operates as a digitally native vertical brand that sources products from third-party manufacturers and sells directly to the end consumer through its websites, as well as through its wholesale channel in specialty stores, select department stores, and own showrooms. The company offers denims under the DSTLD brand; and luxury men's suiting under the ACE Studios brand. It also designs, manufactures, and sells women's apparel, including dresses, tops, jumpsuits, bottoms, sets, jackets, and rompers under the Bailey brand. The company was formerly known as Denim.LA, Inc. Digital Brands Group, Inc. was founded in 2012 and is headquartered in Austin, Texas.

Stock Peers

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Urban Outfitters, Inc.$72.47 CTRN

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Citi Trends, Inc.$44.85 ZUMZ

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Zumiez Inc.$24.91 SCVL

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Shoe Carnival, Inc.$20.55 LVLU

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Lulu's Fashion Lounge Holdings, Inc.$18.26 RENT

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Rent the Runway, Inc.$6.81 DBGI

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Digital Brands Group, Inc.$6.56

Company Overview

Digital Brands Group, Inc. (NASDAQ:DBGIW) closed at $16.00 USD, gaining $3.39 (26.88%) from the previous close of $12.61. The stock is currently trading near its 52-week high $12.90 and $16.00. With a market capitalization of about $30.47 million, Digital Brands Group, Inc. is classified as a micro-cap and shows market-like volatility (beta ~1.14). Headquartered in Austin, TX, Digital Brands Group, Inc. operates in the Consumer Cyclical sector and the Apparel - Retail industry. Led by CEO John Hilburn Davis IV, the company employs approximately 56 people and listed since May 14, 2021. Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis.

Valuation Metrics

Digital Brands Group, Inc. trades at a P/E ratio of -0.84, slightly below the S&P 500 average, with a price-to-sales ratio of 3.68 and a price-to-book ratio of 0.69 suggesting the stock is closer to book value. The P/FCF stands at -2.09, also below market averages.

Dividend & Fair Value

Dividend and splits history remains an important factor for investors monitoring long-term returns.

Financial & Profitability Overview

Over the trailing twelve months, Digital Brands Group generated $14.92M in revenue, or $35.15 per share. Gross margin was 43.87%, operating margin -14.05%, and net profit margin -68.70%. Returns are negative, with ROA at -40.44% and ROE at -639.41%.
On valuation metrics, Digital Brands Group trades at a P/E of -0.84, P/S of 3.68 and P/B of 0.69. Liquidity is tight, with a current ratio of 0.81 and quick ratio of 0.63. Operationally, the company’s inventory turnover is 1.31 and cash conversion cycle is -34.30 days , indicating it collects cash faster than it pays suppliers. Debt-to-equity is 0.17, supported by a cash flow-to-debt ratio of -5.10.

Quarterly Financial Highlights

For the quarter ended Dec 31, 2023, Digital Brands Group posted revenue of $14.92M, down slightly from $13.97M in the prior quarter. Gross profit was $6.54M (margin 43.87%). Operating income was - $2.10M (margin -14.0%). Net income was- $10.25M (EPS - $24.14).
The company ended the quarter with $20.77K in cash and short-term investments, a total debt of $8.67M, and net debt of $8.65M. Total assets were $25.34M, with equity of $1.60M. Financials further reflected weakness, with operating cash flow of - $6.01M, free cash flow of - $6.04M, and capital expenditures of - $29.68K.

Price Forecast & Outlook

Our AI price prediction model suggests that Digital Brands Group, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -13.12%, with price expected at $13.90 by November 22, 2023, within a range of $12.13 to $15.61

Key Takeaways

Digital Brands Group, Inc. (NASDAQ:DBGIW) shares are up 33.68% year-to-date Short-term momentum has been positive over the last quarter, despite recent volatility. Valuation shows Digital Brands Group, Inc. trading at a premium to the broader market with a P/E of -0.84.

Frequently Asked Questions

What is the current Digital Brands Group, Inc. (DBGIW) stock price?

Digital Brands Group, Inc. (NASDAQ: DBGIW) stock price is $16.00 in the last trading session. During the trading session, DBGIW stock reached the peak price of $16.00 while $12.90 was the lowest point it dropped to. The percentage change in DBGIW stock occurred in the recent session was 26.88% while the dollar amount for the price change in DBGIW stock was $3.39.

DBGIW's industry and sector of operation?

The NASDAQ listed DBGIW is part of Apparel - Retail industry that operates in the broader Consumer Cyclical sector. Digital Brands Group, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of DBGIW?

No Data

How DBGIW did perform over past 52-week?

DBGIW's closing price is 24.03% higher than its 52-week low of $12.90 where as its distance from 52-week high of $16.00 is 0%.

How many employees does DBGIW have?

Number of DBGIW employees currently stands at 56.

Link for DBGIW official website?

Official Website of DBGIW is: http://www.digitalbrandsgroup.co

How do I contact DBGIW?

DBGIW could be contacted at phone 209 651 0172 and can also be accessed through its website. DBGIW operates from 1400 Lavaca Street, Austin, TX 78701, United States.

How many shares of DBGIW are traded daily?

DBGIW stock volume for the day was 818 shares. The average number of DBGIW shares traded daily for last 3 months was 0.

What is the market cap of DBGIW currently?

The market value of DBGIW currently stands at $30.47M with its latest stock price at $16.00 and 1.9M of its shares outstanding.

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Employees	56
Beta	1.14
Sales or Revenue	$14.92M
5Y Sales Change%	-0.961%
Fiscal Year Ends	December
Sector	Consumer Cyclical
Industry	Apparel - Retail

DBGIW Company Profile and Key Details

Digital Brands Group

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Valuation Metrics

Dividend & Fair Value

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Dividend & Fair Value

Financial & Profitability Overview

Quarterly Financial Highlights

Company Overview

Price Forecast & Outlook

Key Takeaways

Valuation Metrics