a.k.a. Brands FY2024 EPS Raised by Telsey Advisory Group

a.k.a. Brands Holding Corp. (NYSE:AKA) – Analysts at Telsey Advisory Group increased their FY2024 earnings per share estimates for a.k.a. Brands in a research report issued on Tuesday, January 14th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of ($1.72) for the year, up from their prior forecast of ($1.77). Telsey Advisory Group currently has a “Market Perform” rating and a $22.00 target price on the stock. The consensus estimate for a.k.a. Brands’ current full-year earnings is ($1.59) per share. Telsey Advisory Group also issued estimates for a.k.a. Brands’ Q4 2024 earnings at ($0.28) EPS and FY2025 earnings at ($0.62) EPS.

Separately, Lake Street Capital began coverage on shares of a.k.a. Brands in a research report on Monday, December 16th. They set a “buy” rating and a $30.00 price target on the stock.

a.k.a. Brands Price Performance

Shares of NYSE:AKA opened at $18.00 on Thursday. The company has a current ratio of 1.58, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. The stock has a market cap of $191.52 million, a PE ratio of -6.23 and a beta of 1.40. The stock’s fifty day simple moving average is $19.84 and its two-hundred day simple moving average is $20.66. a.k.a. Brands has a 1-year low of $7.22 and a 1-year high of $33.73.

Institutional Trading of a.k.a. Brands

An institutional investor recently raised its position in a.k.a. Brands stock. Renaissance Technologies LLC lifted its holdings in shares of a.k.a. Brands Holding Corp. (NYSE:AKA) by 11.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,369 shares of the company’s stock after purchasing an additional 3,100 shares during the period. Renaissance Technologies LLC owned about 0.29% of a.k.a. Brands worth $463,000 at the end of the most recent reporting period. 55.35% of the stock is owned by institutional investors and hedge funds.

About a.k.a. Brands

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.