Vince Holding Corp. (VNCE) to Release Quarterly Earnings on Thursday
Vince Holding Corp. (NYSE:VNCE) will be issuing its Q2 2018 quarterly earnings data before the market opens on Thursday, September 7th.
Vince Holding Corp. (NYSE:VNCE) last announced its quarterly earnings results on Thursday, June 8th. The textile maker reported ($0.19) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.11) by $0.08. The business had revenue of $58.05 million for the quarter. Vince Holding Corp. had a negative net margin of 65.75% and a negative return on equity of 24.26%. On average, analysts expect Vince Holding Corp. to post $-0.110 EPS for the current fiscal year and $0.140 EPS for the next fiscal year.
Shares of Vince Holding Corp. (NYSE:VNCE) opened at 0.465 on Thursday. Vince Holding Corp. has a 52 week low of $0.28 and a 52 week high of $7.17. The stock’s market capitalization is $22.99 million. The company’s 50 day moving average is $0.54 and its 200-day moving average is $0.96.
An institutional investor recently raised its position in Vince Holding Corp. stock. Vanguard Group Inc. boosted its position in shares of Vince Holding Corp. (NYSE:VNCE) by 69.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 857,522 shares of the textile maker’s stock after buying an additional 352,097 shares during the period. Vanguard Group Inc. owned 1.73% of Vince Holding Corp. worth $404,000 at the end of the most recent quarter. 14.32% of the stock is owned by hedge funds and other institutional investors.
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A number of equities research analysts have recently commented on the stock. B. Riley reaffirmed a “neutral” rating and set a $1.00 price objective on shares of Vince Holding Corp. in a research note on Saturday, May 6th. ValuEngine cut shares of Vince Holding Corp. from a “sell” rating to a “strong sell” rating in a research note on Friday, June 2nd. Finally, Zacks Investment Research cut shares of Vince Holding Corp. from a “hold” rating to a “strong sell” rating in a research note on Thursday, May 4th. Two research analysts have rated the stock with a sell rating, two have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $3.88.
About Vince Holding Corp.
Vince Holding Corp. (Vince) is a United States-based company, which offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. The Company operates as a fashion brand. The Company operates in two segments: Wholesale and Direct-to-consumer. The Company’s Wholesale segment consists of its operations to distribute products to various department stores and specialty stores in the United States and select international markets.
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