Noble Financial Predicts Xcel Brands FY2028 Earnings

Xcel Brands, Inc (NASDAQ:XELB) – Equities research analysts at Noble Financial issued their FY2028 earnings per share estimates for shares of Xcel Brands in a research note issued to investors on Friday, October 9th. Noble Financial analyst M. Kupinski expects that the textile maker will post earnings per share of $0.61 for the year. Noble Financial has an “Outperform” rating on the stock. The consensus estimate for Xcel Brands’ current full-year earnings is ($1.44) per share. Noble Financial also issued estimates for Xcel Brands’ FY2029 earnings at $2.56 EPS.

Separately, Weiss Ratings downgraded shares of Xcel Brands from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, September 8th. One research analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold”.

Xcel Brands Trading Down 24.3%

Shares of XELB stock opened at $0.45 on Monday. The firm’s 50-day simple moving average is $0.85 and its 200-day simple moving average is $1.48. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.28 and a quick ratio of 0.28. Xcel Brands has a 1-year low of $0.37 and a 1-year high of $2.47. The firm has a market cap of $2.98 million, a P/E ratio of -0.13 and a beta of 1.24.

Xcel Brands (NASDAQ:XELB) last posted its quarterly earnings results on Thursday, August 13th. The textile maker reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.02). The business had revenue of $1.12 million during the quarter, compared to analysts’ expectations of $1.80 million. Xcel Brands had a negative net margin of 343.68% and a negative return on equity of 109.17%.

Xcel Brands Company Profile

Xcel Brands, Inc is a media and consumer products company that develops, acquires, markets and licenses lifestyle brands. Its business combines brand management with entertainment, television, digital content, social commerce and direct-to-consumer initiatives designed to connect brands with consumers across multiple retail channels.

The company’s activities span fashion, jewelry, home goods and related consumer products. Xcel Brands works with designers and other brand partners to create product lines and then extends those brands through licensing, wholesale distribution, television shopping, e-commerce and digital and social-media platforms.