XCel Brands Inc (XELB) Given $5.00 Average Price Target by Brokerages

Shares of XCel Brands Inc (NASDAQ:XELB) have been given an average broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Brokers have set a 12-month consensus price objective of $5.00 for the company and are predicting that the company will post $0.05 earnings per share for the current quarter, according to Zacks. Zacks has also given XCel Brands an industry rank of 63 out of 257 based on the ratings given to related companies.

A number of equities analysts have recently weighed in on the company. Zacks Investment Research upgraded XCel Brands from a “hold” rating to a “buy” rating and set a $2.50 target price on the stock in a research note on Wednesday. ValuEngine downgraded XCel Brands from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, DA Davidson reiterated a “buy” rating on shares of XCel Brands in a research note on Friday, August 10th.

Shares of NASDAQ XELB opened at $2.12 on Wednesday. XCel Brands has a twelve month low of $1.80 and a twelve month high of $3.50. The company has a market capitalization of $41.14 million, a PE ratio of 23.56, a price-to-earnings-growth ratio of 1.13 and a beta of 0.52. The company has a current ratio of 1.67, a quick ratio of 1.59 and a debt-to-equity ratio of 0.12.

XCel Brands (NASDAQ:XELB) last announced its earnings results on Wednesday, November 14th. The textile maker reported $0.09 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.02. XCel Brands had a positive return on equity of 3.12% and a negative net margin of 27.30%. The firm had revenue of $8.27 million for the quarter, compared to the consensus estimate of $8.70 million. On average, analysts forecast that XCel Brands will post 0.2 EPS for the current fiscal year.

XCel Brands Company Profile

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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