Xcel Brands’ (XELB) “Outperform” Rating Reaffirmed at Noble Financial

Xcel Brands (NASDAQ:XELB – Get Free Report)‘s stock had its “outperform” rating reaffirmed by Noble Financial in a report released on Friday, Benzinga reports.

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

Get Xcel Brands alerts:

View Our Latest Stock Analysis on Xcel Brands

Xcel Brands Price Performance

Shares of XELB stock traded down $0.04 during mid-day trading on Friday, reaching $0.60. The stock had a trading volume of 765,758 shares, compared to its average volume of 256,270. Xcel Brands has a 12-month low of $0.52 and a 12-month high of $2.47. The company has a market cap of $3.94 million, a P/E ratio of -0.18 and a beta of 1.24. The business has a 50-day simple moving average of $0.88 and a 200 day simple moving average of $1.49. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 0.87.

Xcel Brands (NASDAQ:XELB – Get Free Report) last posted its quarterly earnings data on Thursday, August 13th. The textile maker reported ($0.40) EPS for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.02). Xcel Brands had a negative return on equity of 109.17% and a negative net margin of 343.68%.The company had revenue of $1.12 million for the quarter, compared to analysts’ expectations of $1.80 million. On average, sell-side analysts anticipate that Xcel Brands will post -1.44 earnings per share for the current year.

About Xcel Brands

(Get Free Report)

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.

Featured Articles

• Five stocks we like better than Xcel Brands
• Alphabet Introduces Gemini Agent—Can It Trigger a Breakout?
• Palantir’s Rally Puts Wall Street in Catch-Up Mode Ahead of November Earnings
• Tilray Finds a Path to Growth Without Waiting on U.S. Cannabis Reform
• Arista Networks Plugs Into All-Time Highs

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.