Equities analysts expect that XCel Brands Inc (NASDAQ:XELB) will post earnings per share (EPS) of $0.12 for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for XCel Brands’ earnings. XCel Brands posted earnings per share of $0.09 in the same quarter last year, which suggests a positive year over year growth rate of 33.3%. The company is scheduled to issue its next earnings results after the market closes on Wednesday, November 13th.

On average, analysts expect that XCel Brands will report full year earnings of $0.39 per share for the current year. For the next year, analysts expect that the firm will report earnings of $0.50 per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow XCel Brands.

XCel Brands (NASDAQ:XELB) last issued its earnings results on Thursday, August 8th. The textile maker reported $0.05 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.01. XCel Brands had a return on equity of 3.68% and a net margin of 7.12%. The business had revenue of $9.14 million for the quarter, compared to analysts’ expectations of $10.20 million.

Several equities analysts recently commented on the company. Zacks Investment Research raised XCel Brands from a “hold” rating to a “buy” rating and set a $1.75 target price on the stock in a report on Saturday, October 19th. DA Davidson reaffirmed a “buy” rating on shares of XCel Brands in a report on Monday, November 4th. Finally, ValuEngine lowered XCel Brands from a “sell” rating to a “strong sell” rating in a report on Monday, November 4th.

XELB opened at $1.74 on Friday. The stock has a market capitalization of $34.54 million, a PE ratio of 8.70 and a beta of 1.46. The business’s 50 day moving average price is $1.77 and its 200 day moving average price is $1.71. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.65 and a current ratio of 1.74. XCel Brands has a one year low of $1.00 and a one year high of $3.50.

Hedge funds have recently modified their holdings of the business. Legacy Advisors LLC boosted its stake in shares of XCel Brands by 1.4% during the second quarter. Legacy Advisors LLC now owns 565,725 shares of the textile maker’s stock worth $820,000 after buying an additional 8,000 shares during the period. Weber Alan W lifted its position in XCel Brands by 125.0% in the second quarter. Weber Alan W now owns 90,000 shares of the textile maker’s stock valued at $131,000 after purchasing an additional 50,000 shares during the period. Finally, Vanguard Group Inc. lifted its position in XCel Brands by 50.2% in the second quarter. Vanguard Group Inc. now owns 76,321 shares of the textile maker’s stock valued at $111,000 after purchasing an additional 25,498 shares during the period. 8.07% of the stock is currently owned by institutional investors.

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.

See Also: Understanding the Price to Earnings Ratio (PE)

Get a free copy of the Zacks research report on XCel Brands (XELB)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for XCel Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XCel Brands and related companies with MarketBeat.com's FREE daily email newsletter.