Vince (NASDAQ:VNCE) Downgraded to “Hold” Rating by Zacks Research

Vince (NASDAQ:VNCEGet Free Report) was downgraded by research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.

A number of other brokerages have also commented on VNCE. Noble Financial reissued an “outperform” rating on shares of Vince in a report on Thursday, April 16th. Wall Street Zen raised shares of Vince to a “buy” rating in a report on Saturday, May 23rd. Finally, Weiss Ratings raised shares of Vince from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Vince presently has a consensus rating of “Hold” and an average target price of $4.50.

View Our Latest Stock Report on VNCE

Vince Price Performance

Shares of NASDAQ:VNCE opened at $6.95 on Monday. The company’s fifty day moving average price is $4.18 and its 200-day moving average price is $3.39. The firm has a market capitalization of $89.31 million, a price-to-earnings ratio of 14.18 and a beta of 1.38. Vince has a one year low of $1.02 and a one year high of $7.20. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.49 and a quick ratio of 0.51.

Vince (NASDAQ:VNCEGet Free Report) last issued its quarterly earnings results on Tuesday, June 16th. The company reported ($0.16) EPS for the quarter, missing analysts’ consensus estimates of ($0.13) by ($0.03). The company had revenue of $64.04 million during the quarter, compared to the consensus estimate of $63.05 million. Vince had a return on equity of 11.08% and a net margin of 2.13%. On average, equities research analysts anticipate that Vince will post 0.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Vince

Institutional investors have recently made changes to their positions in the business. FreeGulliver LLC boosted its stake in shares of Vince by 203.6% in the 4th quarter. FreeGulliver LLC now owns 484,412 shares of the company’s stock valued at $1,976,000 after purchasing an additional 324,835 shares in the last quarter. Renaissance Technologies LLC boosted its stake in shares of Vince by 70.0% in the 4th quarter. Renaissance Technologies LLC now owns 137,450 shares of the company’s stock valued at $561,000 after purchasing an additional 56,600 shares in the last quarter. Two Sigma Investments LP boosted its stake in shares of Vince by 481.6% in the 3rd quarter. Two Sigma Investments LP now owns 75,969 shares of the company’s stock valued at $254,000 after purchasing an additional 62,907 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of Vince in the 4th quarter valued at $212,000. Finally, Bridgeway Capital Management LLC boosted its stake in shares of Vince by 31.8% in the 3rd quarter. Bridgeway Capital Management LLC now owns 59,656 shares of the company’s stock valued at $199,000 after purchasing an additional 14,400 shares in the last quarter. Hedge funds and other institutional investors own 16.11% of the company’s stock.

Key Vince News

Here are the key news stories impacting Vince this week:

About Vince

(Get Free Report)

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.

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