XCel Brands (XELB) Stock Rating Reaffirmed by DA Davidson

XCel Brands (NASDAQ:XELB)‘s stock had its “buy” rating reissued by analysts at DA Davidson in a research note issued on Tuesday. DA Davidson also issued estimates for XCel Brands’ Q2 2018 earnings at $0.04 EPS, Q3 2018 earnings at $0.03 EPS, Q4 2018 earnings at ($0.01) EPS, FY2018 earnings at $0.12 EPS and FY2019 earnings at $0.19 EPS.

Separately, ValuEngine lowered XCel Brands from a “buy” rating to a “hold” rating in a research note on Tuesday, January 30th.

XCel Brands opened at $2.55 on Tuesday, according to Marketbeat. XCel Brands has a 1 year low of $2.00 and a 1 year high of $5.00. The company has a debt-to-equity ratio of 0.20, a quick ratio of 2.12 and a current ratio of 2.12. The stock has a market capitalization of $53.35 million, a price-to-earnings ratio of 28.33 and a beta of 0.53.

XCel Brands (NASDAQ:XELB) last posted its earnings results on Monday, May 14th. The textile maker reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.02. XCel Brands had a positive return on equity of 3.88% and a negative net margin of 28.78%. The company had revenue of $8.77 million for the quarter.

An institutional investor recently raised its position in XCel Brands stock. ARS Investment Partners LLC raised its stake in XCel Brands Inc (NASDAQ:XELB) by 11.0% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 824,817 shares of the textile maker’s stock after purchasing an additional 81,752 shares during the period. ARS Investment Partners LLC owned 4.48% of XCel Brands worth $2,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 22.13% of the stock is owned by institutional investors.

XCel Brands Company Profile

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.

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