Xcel Brands, Inc. (NASDAQ:XELB – Free Report) – Equities researchers at Sidoti Csr boosted their FY2024 earnings estimates for Xcel Brands in a report released on Tuesday, December 24th. Sidoti Csr analyst A. Lebiedzinski now expects that the textile maker will earn ($0.23) per share for the year, up from their prior forecast of ($0.28). The consensus estimate for Xcel Brands’ current full-year earnings is ($0.26) per share. Sidoti Csr also issued estimates for Xcel Brands’ Q4 2024 earnings at ($0.07) EPS, Q1 2025 earnings at ($0.05) EPS and FY2025 earnings at $0.00 EPS.
Separately, StockNews.com assumed coverage on shares of Xcel Brands in a report on Wednesday. They issued a “sell” rating on the stock.
Xcel Brands Price Performance
XELB opened at $0.52 on Friday. The stock’s 50-day moving average price is $0.68 and its 200 day moving average price is $0.69. Xcel Brands has a 12-month low of $0.33 and a 12-month high of $1.70. The firm has a market cap of $12.24 million, a price-to-earnings ratio of -0.58 and a beta of 1.31. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08.
Xcel Brands (NASDAQ:XELB – Get Free Report) last issued its quarterly earnings data on Friday, December 20th. The textile maker reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%.
About Xcel Brands
Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.
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