Shares of XCel Brands Inc (NASDAQ:XELB) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.
Analysts have set a one year consensus price target of $5.00 for the company and are forecasting that the company will post $0.06 EPS for the current quarter, according to Zacks. Zacks has also assigned XCel Brands an industry rank of 90 out of 256 based on the ratings given to related companies.
A number of analysts have recently commented on XELB shares. Zacks Investment Research cut XCel Brands from a “hold” rating to a “sell” rating in a research report on Thursday, April 4th. ValuEngine cut XCel Brands from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 13th.
XCel Brands stock traded up $0.06 during trading hours on Friday, hitting $1.35. 13,283 shares of the stock traded hands, compared to its average volume of 24,701. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.30 and a current ratio of 1.40. The stock has a market cap of $24.40 million, a price-to-earnings ratio of 6.45, a PEG ratio of 0.39 and a beta of 1.19. XCel Brands has a one year low of $1.00 and a one year high of $2.95.
XCel Brands (NASDAQ:XELB) last posted its quarterly earnings data on Tuesday, May 14th. The textile maker reported $0.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.03 by $0.03. The business had revenue of $10.30 million for the quarter, compared to analysts’ expectations of $11.00 million. XCel Brands had a return on equity of 3.90% and a net margin of 1.94%. On average, analysts predict that XCel Brands will post 0.33 earnings per share for the current year.
Institutional investors and hedge funds have recently modified their holdings of the company. Deutsche Bank AG bought a new position in XCel Brands in the fourth quarter worth approximately $57,000. SG Capital Management LLC bought a new position in XCel Brands in the first quarter worth approximately $43,000. ARS Investment Partners LLC boosted its holdings in XCel Brands by 16.9% in the first quarter. ARS Investment Partners LLC now owns 443,293 shares of the textile maker’s stock worth $754,000 after acquiring an additional 64,240 shares in the last quarter. Finally, Weber Alan W bought a new position in XCel Brands in the first quarter worth approximately $68,000. 16.47% of the stock is currently owned by hedge funds and other institutional investors.
About XCel Brands
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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