a.k.a. Brands FY2024 EPS Raised by Telsey Advisory Group

a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) - Analysts at Telsey Advisory Group boosted their FY2024 earnings per share estimates for shares of a.k.a. Brands in a research report issued to clients and investors on Tuesday, January 14th. Telsey Advisory Group analyst D. Telsey now expects that the company will earn ($1.72) per share for the year, up from their prior estimate of ($1.77). Telsey Advisory Group currently has a "Market Perform" rating and a $22.00 price objective on the stock. The consensus estimate for a.k.a. Brands' current full-year earnings is ($1.59) per share. Telsey Advisory Group also issued estimates for a.k.a. Brands' Q4 2024 earnings at ($0.28) EPS and FY2025 earnings at ($0.62) EPS.

Separately, Lake Street Capital began coverage on shares of a.k.a. Brands in a research report on Monday, December 16th. They set a "buy" rating and a $30.00 price objective on the stock.

a.k.a. Brands Stock Down 3.3 %

NYSE AKA traded down $0.59 on Thursday, hitting $16.90. 13,101 shares of the company were exchanged, compared to its average volume of 13,470. a.k.a. Brands has a 12 month low of $7.22 and a 12 month high of $33.73. The company has a current ratio of 1.58, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. The company has a market cap of $179.76 million, a PE ratio of -5.85 and a beta of 1.40. The stock has a fifty day moving average of $19.97 and a 200-day moving average of $20.64.

Hedge Funds Weigh In On a.k.a. Brands

An institutional investor recently raised its position in a.k.a. Brands stock. Renaissance Technologies LLC raised its holdings in a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) by 11.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 30,369 shares of the company's stock after buying an additional 3,100 shares during the period. Renaissance Technologies LLC owned about 0.29% of a.k.a. Brands worth $463,000 as of its most recent filing with the Securities and Exchange Commission. 55.35% of the stock is currently owned by institutional investors and hedge funds.

a.k.a. Brands Company Profile

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.