XCel Brands Inc (NASDAQ:XELB) has received a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12 month consensus target price of $5.00 for the company and are forecasting that the company will post $0.02 EPS for the current quarter, according to Zacks. Zacks has also given XCel Brands an industry rank of 36 out of 265 based on the ratings given to its competitors.

XELB has been the subject of a number of recent research reports. ValuEngine raised shares of XCel Brands from a “hold” rating to a “buy” rating in a research report on Thursday, January 18th. B. Riley reaffirmed a “buy” rating and set a $4.50 price objective on shares of XCel Brands in a research report on Friday, November 10th. Finally, DA Davidson initiated coverage on shares of XCel Brands in a research report on Thursday, February 8th. They set a “buy” rating and a $5.00 price objective for the company.

An institutional investor recently bought a new position in XCel Brands stock. Legacy Advisors LLC bought a new position in XCel Brands Inc (NASDAQ:XELB) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 549,725 shares of the textile maker’s stock, valued at approximately $1,676,000. XCel Brands comprises about 2.1% of Legacy Advisors LLC’s investment portfolio, making the stock its 9th largest position. Legacy Advisors LLC owned approximately 3.45% of XCel Brands as of its most recent SEC filing. Institutional investors and hedge funds own 20.79% of the company’s stock.

Shares of XCel Brands (NASDAQ XELB) traded up $0.10 during trading hours on Friday, hitting $3.15. 2,000 shares of the company were exchanged, compared to its average volume of 9,450. The company has a current ratio of 2.54, a quick ratio of 2.54 and a debt-to-equity ratio of 0.19. XCel Brands has a twelve month low of $1.80 and a twelve month high of $5.00. The company has a market cap of $56.29, a P/E ratio of 23.46 and a beta of 0.50.

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XCel Brands Company Profile

Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.

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