Zacks: Analysts Anticipate Differential Brands Group Inc. (DFBG) Will Announce Quarterly Sales of $43.56 Million
Wall Street analysts predict that Differential Brands Group Inc. (NASDAQ:DFBG) will report $43.56 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have made estimates for Differential Brands Group’s earnings, with the highest sales estimate coming in at $44.16 million and the lowest estimate coming in at $42.96 million. Differential Brands Group posted sales of $41.16 million during the same quarter last year, which suggests a positive year over year growth rate of 5.8%. The firm is scheduled to announce its next quarterly earnings report on Monday, November 13th.
According to Zacks, analysts expect that Differential Brands Group will report full year sales of $43.56 million for the current financial year, with estimates ranging from $165.86 million to $166.81 million. For the next year, analysts expect that the company will post sales of $182.84 million per share, with estimates ranging from $182.52 million to $183.16 million. Zacks’ sales calculations are an average based on a survey of research firms that cover Differential Brands Group.
DFBG has been the subject of several analyst reports. FBR & Co initiated coverage on shares of Differential Brands Group in a report on Friday, September 8th. They set a “buy” rating for the company. Zacks Investment Research raised shares of Differential Brands Group from a “sell” rating to a “hold” rating in a report on Tuesday, July 18th.
Differential Brands Group (DFBG) opened at 1.50 on Monday. The stock has a 50 day moving average of $1.57 and a 200-day moving average of $1.87. Differential Brands Group has a 52-week low of $1.30 and a 52-week high of $5.23. The company’s market capitalization is $19.98 million.
Differential Brands Group Company Profile
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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