Shares of XCel Brands Inc (NASDAQ:XELB) have earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the company, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus price target of $5.00 for the company and are forecasting that the company will post $0.10 earnings per share for the current quarter, according to Zacks. Zacks has also assigned XCel Brands an industry rank of 49 out of 256 based on the ratings given to its competitors.

A number of research analysts have issued reports on the company. ValuEngine upgraded XCel Brands from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 1st. Zacks Investment Research upgraded XCel Brands from a “sell” rating to a “hold” rating in a research note on Friday, May 17th.

NASDAQ:XELB traded up $0.05 during trading hours on Monday, reaching $1.93. 1,840 shares of the company traded hands, compared to its average volume of 54,613. The business’s 50-day moving average price is $1.83 and its two-hundred day moving average price is $1.67. The stock has a market capitalization of $36.06 million, a P/E ratio of 9.50 and a beta of 1.46. XCel Brands has a 1 year low of $1.00 and a 1 year high of $3.50. The company has a current ratio of 1.74, a quick ratio of 1.65 and a debt-to-equity ratio of 0.27.

XCel Brands (NASDAQ:XELB) last announced its quarterly earnings data on Thursday, August 8th. The textile maker reported $0.05 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.01. The business had revenue of $9.14 million during the quarter, compared to analysts’ expectations of $10.20 million. XCel Brands had a return on equity of 3.68% and a net margin of 7.12%. As a group, equities analysts anticipate that XCel Brands will post 0.32 EPS for the current year.

Large investors have recently made changes to their positions in the business. Weber Alan W purchased a new position in XCel Brands during the first quarter valued at $68,000. Deutsche Bank AG purchased a new position in XCel Brands during the fourth quarter valued at $57,000. Vanguard Group Inc. increased its holdings in shares of XCel Brands by 50.2% in the 2nd quarter. Vanguard Group Inc. now owns 76,321 shares of the textile maker’s stock worth $111,000 after purchasing an additional 25,498 shares in the last quarter. ARS Investment Partners LLC increased its holdings in shares of XCel Brands by 16.9% in the 1st quarter. ARS Investment Partners LLC now owns 443,293 shares of the textile maker’s stock worth $754,000 after purchasing an additional 64,240 shares in the last quarter. Finally, Legacy Advisors LLC increased its holdings in shares of XCel Brands by 1.4% in the 2nd quarter. Legacy Advisors LLC now owns 565,725 shares of the textile maker’s stock worth $820,000 after purchasing an additional 8,000 shares in the last quarter. Institutional investors and hedge funds own 13.62% of the company’s stock.

About XCel Brands

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.

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