Joe’s Jeans Inc. (DFBG) Cut to “Hold” at Zacks Investment Research
Joe’s Jeans Inc. (NASDAQ:DFBG) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “Differential Brands Group Inc. designs, develops and markets apparel products primarily in the United States. Its product line includes women, men and children denim jeans, related casual wear and accessories and pants, jackets and other bottoms. The Company’s brand consists of Hudson and Robert Graham. Differential Brands Group Inc., formerly known as Joe’s Jeans Inc., is based in Commerce, California. “
Joe’s Jeans (NASDAQ:DFBG) traded up 0.59% during trading on Tuesday, reaching $4.20. 52,434 shares of the company’s stock traded hands. The company has a 50 day moving average of $5.68 and a 200 day moving average of $4.52. Joe’s Jeans has a one year low of $2.52 and a one year high of $9.90. The firm has a market cap of $54.94 million, a price-to-earnings ratio of 15.67 and a beta of -0.70.
Joe’s Jeans (NASDAQ:DFBG) last released its quarterly earnings data on Tuesday, August 16th. The company reported ($0.13) earnings per share for the quarter, beating the consensus estimate of ($0.25) by $0.12. The firm earned $32.37 million during the quarter. Equities research analysts predict that Joe’s Jeans will post $0.04 EPS for the current year.
About Joe’s Jeans
Differential Brands Group Inc, formerly Joe’s Jeans Inc, is engaged in the design, development and marketing of apparel products, which include denim jeans, related casual wear and accessories. The Company offers its products under various brands, such as Hudson, Robert Graham and SWIMS. Its segments are Wholesale and Retail.
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