XCel Brands (XELB) Receives Media Impact Score of 0.06
News stories about XCel Brands (NASDAQ:XELB) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. XCel Brands earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.9286849869848 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Xcel Brands, Inc (XELB) Posts Earnings Results (americanbankingnews.com)
- Analysts Expect Xcel Brands, Inc (XELB) to Announce $0.10 EPS (americanbankingnews.com)
- Xcel Brands, Inc (XELB) Forecasted to Earn Q3 2017 Earnings of $0.10 Per Share (americanbankingnews.com)
- Xcel Brands to Report Third Quarter 2017 Financial Results on November 9, 2017 (finance.yahoo.com)
A number of analysts have commented on the stock. B. Riley reiterated a “buy” rating and issued a $4.50 price target on shares of XCel Brands in a research report on Friday. FBR & Co reaffirmed a “buy” rating and set a $4.50 price target (up previously from $4.00) on shares of XCel Brands in a research note on Thursday, August 10th.
Shares of XCel Brands (NASDAQ:XELB) opened at $2.55 on Friday. XCel Brands has a 12 month low of $1.80 and a 12 month high of $5.05.
XCel Brands (NASDAQ:XELB) last posted its quarterly earnings results on Thursday, November 9th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). XCel Brands had a return on equity of 0.80% and a net margin of 2.54%. The business had revenue of $7.89 million for the quarter, compared to analysts’ expectations of $10.49 million.
In related news, Director Edward Jones III sold 7,500 shares of XCel Brands stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $4.14, for a total value of $31,050.00. Following the sale, the director now owns 67,382 shares of the company’s stock, valued at approximately $278,961.48. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
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About XCel Brands
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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