Analysts Anticipate XCel Brands Inc (NASDAQ:XELB) to Announce $0.12 EPS

Shares of XCel Brands Inc (NASDAQ:XELB) have received an average broker rating score of 1.00 (Strong Buy) from the one brokers that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.

Analysts have set a 12 month consensus price objective of $5.00 for the company and are expecting that the company will post $0.12 EPS for the current quarter, according to Zacks. Zacks has also given XCel Brands an industry rank of 112 out of 256 based on the ratings given to its competitors.

A number of equities research analysts recently commented on the stock. ValuEngine upgraded shares of XCel Brands from a “strong sell” rating to a “sell” rating in a report on Thursday, August 1st. Zacks Investment Research upgraded XCel Brands from a “sell” rating to a “hold” rating in a research report on Friday, May 17th.

NASDAQ:XELB traded down $0.06 during mid-day trading on Thursday, reaching $1.65. The company’s stock had a trading volume of 39,400 shares, compared to its average volume of 75,043. XCel Brands has a 12-month low of $1.00 and a 12-month high of $3.50. The firm’s fifty day simple moving average is $2.19. The company has a current ratio of 1.40, a quick ratio of 1.30 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $30.65 million, a PE ratio of 8.25, a P/E/G ratio of 0.51 and a beta of 1.34.

XCel Brands (NASDAQ:XELB) last issued its earnings results on Thursday, August 8th. The textile maker reported $0.05 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.04 by $0.01. XCel Brands had a return on equity of 3.71% and a net margin of 7.12%. The business had revenue of $9.14 million during the quarter, compared to analyst estimates of $10.20 million. On average, sell-side analysts anticipate that XCel Brands will post 0.32 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in XELB. SG Capital Management LLC acquired a new position in XCel Brands during the first quarter worth $43,000. Deutsche Bank AG acquired a new position in shares of XCel Brands in the 4th quarter valued at $57,000. Weber Alan W purchased a new stake in shares of XCel Brands in the 1st quarter valued at $68,000. Vanguard Group Inc. raised its holdings in shares of XCel Brands by 50.2% in the 2nd quarter. Vanguard Group Inc. now owns 76,321 shares of the textile maker’s stock valued at $111,000 after buying an additional 25,498 shares during the period. Finally, ARS Investment Partners LLC raised its holdings in shares of XCel Brands by 16.9% in the 1st quarter. ARS Investment Partners LLC now owns 443,293 shares of the textile maker’s stock valued at $754,000 after buying an additional 64,240 shares during the period. Institutional investors and hedge funds own 14.45% of the company’s stock.

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.

Further Reading: Limitations of the P/E Growth ratio

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