Analysts Issue Forecasts for Xcel Brands FY2028 Earnings

Xcel Brands, Inc (NASDAQ:XELB) – Equities researchers at Noble Financial issued their FY2028 earnings per share (EPS) estimates for Xcel Brands in a research note issued to investors on Friday, October 9th. Noble Financial analyst M. Kupinski anticipates that the textile maker will post earnings of $0.61 per share for the year. Noble Financial has an “Outperform” rating on the stock. The consensus estimate for Xcel Brands’ current full-year earnings is ($1.44) per share. Noble Financial also issued estimates for Xcel Brands’ FY2029 earnings at $2.56 EPS.

Xcel Brands (NASDAQ:XELB) last issued its quarterly earnings data on Thursday, August 13th. The textile maker reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.02). The company had revenue of $1.12 million for the quarter, compared to analysts’ expectations of $1.80 million. Xcel Brands had a negative net margin of 343.68% and a negative return on equity of 109.17%.

Separately, Weiss Ratings lowered Xcel Brands from a “sell (d-)” rating to a “sell (e+)” rating in a report on Tuesday, September 8th. One research analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Xcel Brands Price Performance

Shares of Xcel Brands stock opened at $0.39 on Monday. The stock has a market cap of $2.57 million, a price-to-earnings ratio of -0.12 and a beta of 1.24. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.28 and a current ratio of 0.28. The stock has a 50 day moving average price of $0.84 and a 200-day moving average price of $1.47. Xcel Brands has a one year low of $0.37 and a one year high of $2.47.

About Xcel Brands

Xcel Brands, Inc is a media and consumer products company that develops, acquires, markets and licenses lifestyle brands. Its business combines brand management with entertainment, television, digital content, social commerce and direct-to-consumer initiatives designed to connect brands with consumers across multiple retail channels.

The company’s activities span fashion, jewelry, home goods and related consumer products. Xcel Brands works with designers and other brand partners to create product lines and then extends those brands through licensing, wholesale distribution, television shopping, e-commerce and digital and social-media platforms.