Xcel Brands (NASDAQ:XELB) Earns “Outperform” Rating from Noble Financial

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

Separately, Weiss Ratings cut shares of Xcel Brands from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Tuesday, September 8th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold”.

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Xcel Brands Stock Down 6.3%

XELB stock traded down $0.04 during trading on Friday, hitting $0.60. 624,960 shares of the stock traded hands, compared to its average volume of 255,537. Xcel Brands has a 1 year low of $0.52 and a 1 year high of $2.47. The firm’s 50 day moving average is $0.88 and its two-hundred day moving average is $1.49. The stock has a market cap of $3.94 million, a price-to-earnings ratio of -0.18 and a beta of 1.24. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.28 and a quick ratio of 0.28.

Xcel Brands (NASDAQ:XELB – Get Free Report) last announced its quarterly earnings data on Thursday, August 13th. The textile maker reported ($0.40) EPS for the quarter, missing the consensus estimate of ($0.38) by ($0.02). Xcel Brands had a negative net margin of 343.68% and a negative return on equity of 109.17%. The firm 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 EPS for the current year.

About Xcel Brands

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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.

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