Shares of RTW Retailwinds Inc (NYSE:RTW) have received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Analysts have set a one year consensus price objective of $2.00 for the company and are anticipating that the company will post $0.01 EPS for the current quarter, according to Zacks. Zacks has also assigned RTW Retailwinds an industry rank of 74 out of 256 based on the ratings given to its competitors.
A number of equities analysts recently commented on the company. Zacks Investment Research raised Golub Capital BDC from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Tuesday, July 16th. ValuEngine cut Zumiez from a “hold” rating to a “sell” rating in a report on Tuesday, July 2nd. Finally, TheStreet lowered Urban Outfitters from a “b-” rating to a “c+” rating in a research report on Thursday, May 30th.
Several hedge funds have recently bought and sold shares of the company. New York State Common Retirement Fund acquired a new position in shares of RTW Retailwinds during the 4th quarter worth about $31,000. Janney Montgomery Scott LLC purchased a new position in RTW Retailwinds in the 1st quarter valued at approximately $31,000. Stone Ridge Asset Management LLC acquired a new stake in shares of RTW Retailwinds in the 4th quarter valued at $40,000. American International Group Inc. acquired a new stake in RTW Retailwinds during the 4th quarter worth $55,000. Finally, Assenagon Asset Management S.A. acquired a new stake in RTW Retailwinds during the 1st quarter worth $80,000. 89.61% of the stock is currently owned by institutional investors and hedge funds.
RTW traded up $0.06 on Friday, hitting $1.89. The company had a trading volume of 344 shares, compared to its average volume of 129,659. The firm has a market cap of $120.70 million, a P/E ratio of 12.47 and a beta of 1.22. RTW Retailwinds has a 12-month low of $1.56 and a 12-month high of $5.50. The company has a debt-to-equity ratio of 2.90, a quick ratio of 0.58 and a current ratio of 1.09. The company’s fifty day moving average is $1.86.
RTW Retailwinds (NYSE:RTW) last announced its earnings results on Wednesday, May 29th. The company reported ($0.04) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.04). RTW Retailwinds had a positive return on equity of 4.05% and a negative net margin of 0.13%. The firm had revenue of $200.96 million during the quarter, compared to analyst estimates of $202.32 million. On average, sell-side analysts anticipate that RTW Retailwinds will post 0.05 EPS for the current year.
About RTW Retailwinds
RTW Retailwinds, Inc operates as an omni-channel women's fashion retailer in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.
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