Analysts at StockNews.com initiated coverage on shares of Xcel Brands (NASDAQ:XELB – Get Free Report) in a report issued on Friday. The brokerage set a “sell” rating on the textile maker’s stock.
Xcel Brands Stock Up 4.1 %
XELB opened at $0.73 on Friday. The company has a market cap of $17.14 million, a PE ratio of -0.67 and a beta of 1.35. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.08. The business has a 50 day moving average price of $0.70 and a two-hundred day moving average price of $0.73. Xcel Brands has a 52 week low of $0.58 and a 52 week high of $1.70.
Xcel Brands (NASDAQ:XELB – Get Free Report) last announced its quarterly earnings data on Wednesday, August 14th. The textile maker reported ($0.01) EPS for the quarter, beating analysts’ consensus estimates of ($0.09) by $0.08. Xcel Brands had a negative net margin of 179.30% and a negative return on equity of 20.74%. The firm had revenue of $2.95 million during the quarter, compared to the consensus estimate of $2.98 million. During the same quarter last year, the firm earned ($0.09) earnings per share. As a group, research analysts anticipate that Xcel Brands will post -0.26 EPS for the current year.
Institutional Inflows and Outflows
Xcel Brands Company Profile
Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.
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