Destination Maternity Corporation (DEST) Getting Somewhat Favorable Press Coverage, Study Finds

News coverage about Destination Maternity Corporation (NASDAQ:DEST) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Destination Maternity Corporation earned a news sentiment score of 0.13 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.3045684067697 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

These are some of the news stories that may have effected Accern Sentiment’s scoring:

Shares of Destination Maternity Corporation (NASDAQ:DEST) traded up 7.82% during trading on Friday, hitting $1.93. 215,939 shares of the stock were exchanged. The firm has a 50 day moving average of $1.39 and a 200-day moving average of $2.98. Destination Maternity Corporation has a 52-week low of $1.02 and a 52-week high of $8.42. The stock’s market cap is $26.99 million.

Destination Maternity Corporation (NASDAQ:DEST) last released its quarterly earnings data on Thursday, September 7th. The company reported ($0.13) earnings per share (EPS) for the quarter. The company had revenue of $98.28 million for the quarter. Destination Maternity Corporation had a negative net margin of 9.38% and a negative return on equity of 10.14%. Equities research analysts anticipate that Destination Maternity Corporation will post $1.17 earnings per share for the current fiscal year.

In other news, major shareholder & Co Towle sold 565,159 shares of Destination Maternity Corporation stock in a transaction that occurred on Tuesday, August 15th. The shares were sold at an average price of $1.38, for a total transaction of $779,919.42. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Company insiders own 2.70% of the company’s stock.

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About Destination Maternity Corporation

Destination Maternity Corporation, formerly Mothers Work, Inc is a designer and retailer of maternity apparel in the United States. The Company operates a chain of maternity apparel specialty stores. The Company operates through the design, manufacture, and sale of maternity apparel and related accessories segment.

Insider Buying and Selling by Quarter for Destination Maternity Corporation (NASDAQ:DEST)

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