Vince (NASDAQ:VNCE) Rating Increased to Strong-Buy at Zacks Research

Zacks Research upgraded shares of Vince (NASDAQ:VNCE) from a hold rating to a strong-buy rating in a research note issued to investors on Tuesday,Zacks.com reports.

VNCE has been the subject of a number of other research reports. Wall Street Zen raised Vince from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Weiss Ratings assumed coverage on shares of Vince in a report on Thursday, October 30th. They issued a “sell (d)” rating for the company. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Vince Trading Down 4.1%

Shares of VNCE opened at $3.49 on Tuesday. The company has a current ratio of 1.79, a quick ratio of 0.64 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $46.55 million, a P/E ratio of -2.37 and a beta of 0.72. Vince has a 52 week low of $1.02 and a 52 week high of $6.89.

Vince (NASDAQ:VNCE) last posted its earnings results on Tuesday, December 9th. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.11 by $0.10. The company had revenue of $85.13 million for the quarter, compared to the consensus estimate of $80.89 million. Vince had a positive return on equity of 8.03% and a negative net margin of 6.20%.

Vince Company Profile

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.