XCel Brands (XELB) Issues Earnings Results
XCel Brands (NASDAQ:XELB) issued its quarterly earnings data on Thursday. The textile maker reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08, Bloomberg Earnings reports. XCel Brands had a negative net margin of 28.78% and a positive return on equity of 3.93%. The firm had revenue of $8.26 million for the quarter, compared to analyst estimates of $8.81 million.
Shares of NASDAQ XELB opened at $2.65 on Friday. The stock has a market capitalization of $47.50 million, a PE ratio of 29.44, a price-to-earnings-growth ratio of 2.17 and a beta of 0.61. The company has a debt-to-equity ratio of 0.18, a quick ratio of 2.01 and a current ratio of 2.01. XCel Brands has a 1 year low of $1.80 and a 1 year high of $5.00.
A number of equities research analysts have commented on the stock. DA Davidson reissued a “buy” rating on shares of XCel Brands in a report on Tuesday, May 15th. Zacks Investment Research lowered shares of XCel Brands from a “buy” rating to a “hold” rating in a research note on Sunday, July 8th.
Xcel Brands, Inc, together with its subsidiaries, operates as a consumer products company in the United States. The company designs, produces, licenses, markets, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the Judith Ripka, the H Halston, the C Wonder, and the Highline Collective brands.
Further Reading: Outstanding Shares and The Effect on Share Price
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