Xcel Brands, Inc (NASDAQ:XELB) has been assigned an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Zacks has also assigned Xcel Brands an industry rank of 236 out of 265 based on the ratings given to related companies.

Several equities analysts have recently issued reports on the stock. ValuEngine raised shares of Xcel Brands from a “hold” rating to a “buy” rating in a report on Wednesday, May 17th. Zacks Investment Research raised shares of Xcel Brands from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 24th. Finally, FBR & Co reissued an “outperform” rating and set a $4.00 price target on shares of Xcel Brands in a report on Tuesday.

Shares of Xcel Brands (XELB) traded up 4.62% on Wednesday, hitting $3.40. 8,089 shares of the stock traded hands. The firm has a market cap of $53.93 million, a P/E ratio of 27.64 and a beta of 0.57. The firm’s 50-day moving average is $2.59 and its 200 day moving average is $3.36. Xcel Brands has a 12-month low of $1.80 and a 12-month high of $5.84.

Xcel Brands (NASDAQ:XELB) last announced its quarterly earnings results on Tuesday, May 9th. The textile maker reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01. Xcel Brands had a net margin of 7.27% and a return on equity of 0.20%. The company had revenue of $8.43 million during the quarter, compared to the consensus estimate of $8.70 million. Equities research analysts forecast that Xcel Brands will post $0.31 EPS for the current fiscal year.

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An institutional investor recently raised its position in Xcel Brands stock. ARS Investment Partners LLC boosted its stake in shares of Xcel Brands, Inc (NASDAQ:XELB) by 15.8% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 431,327 shares of the textile maker’s stock after buying an additional 58,883 shares during the period. ARS Investment Partners LLC owned about 2.79% of Xcel Brands worth $1,165,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 22.50% of the company’s stock.

Xcel Brands Company Profile

Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.

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