XCel Brands Inc (NASDAQ:XELB) has received an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Analysts have set a 1 year consensus price target of $5.00 for the company and are expecting that the company will post $0.06 earnings per share for the current quarter, according to Zacks. Zacks has also assigned XCel Brands an industry rank of 86 out of 256 based on the ratings given to related companies.
XELB has been the subject of a number of research reports. Zacks Investment Research raised shares of HANNOVER RUECK/S from a “sell” rating to a “hold” rating in a report on Friday, May 17th. ValuEngine raised shares of XCel Brands from a “sell” rating to a “hold” rating in a report on Tuesday, July 9th.
Shares of NASDAQ:XELB traded down $0.15 on Tuesday, reaching $3.15. The company’s stock had a trading volume of 778,548 shares, compared to its average volume of 193,176. The business has a 50-day moving average price of $1.56. XCel Brands has a 52-week low of $1.00 and a 52-week high of $3.47. The company has a quick ratio of 1.30, a current ratio of 1.40 and a debt-to-equity ratio of 0.28. The company has a market cap of $59.59 million, a PE ratio of 15.75, a P/E/G ratio of 0.95 and a beta of 1.28.
XCel Brands (NASDAQ:XELB) last announced its earnings results on Tuesday, May 14th. The textile maker reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.03. XCel Brands had a net margin of 1.94% and a return on equity of 3.90%. The business had revenue of $10.30 million during the quarter, compared to analysts’ expectations of $11.00 million. On average, sell-side analysts forecast that XCel Brands will post 0.33 earnings per share for the current year.
Several large investors have recently made changes to their positions in the company. SG Capital Management LLC purchased a new position in XCel Brands during the first quarter worth about $43,000. Deutsche Bank AG purchased a new position in XCel Brands during the fourth quarter worth about $57,000. Weber Alan W purchased a new position in XCel Brands during the first quarter worth about $68,000. Finally, ARS Investment Partners LLC raised its holdings in XCel Brands by 16.9% during the first quarter. ARS Investment Partners LLC now owns 443,293 shares of the textile maker’s stock worth $754,000 after purchasing an additional 64,240 shares in the last quarter. 16.47% of the stock is owned by institutional investors and hedge funds.
XCel Brands Company Profile
Xcel Brands, Inc, together with its subsidiaries, operates as a consumer products company in the United States. The company designs, produces, licenses, markets, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the Judith Ripka, the H Halston, the C Wonder, and the Highline Collective brands.
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