FY2024 EPS Estimates for Xcel Brands Reduced by Sidoti Csr

Xcel Brands, Inc. (NASDAQ:XELB - Free Report) - Stock analysts at Sidoti Csr reduced their FY2024 earnings per share (EPS) estimates for Xcel Brands in a report issued on Tuesday, March 25th. Sidoti Csr analyst A. Lebiedzinski now expects that the textile maker will earn ($2.37) per share for the year, down from their previous forecast of ($2.30). The consensus estimate for Xcel Brands' current full-year earnings is ($0.23) per share. Sidoti Csr also issued estimates for Xcel Brands' Q4 2024 earnings at ($0.82) EPS, Q1 2025 earnings at ($0.55) EPS, Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at $0.06 EPS, FY2025 earnings at ($0.55) EPS, Q1 2026 earnings at ($0.45) EPS, Q2 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.53 EPS and Q4 2026 earnings at $0.56 EPS.

XELB has been the subject of several other reports. StockNews.com began coverage on shares of Xcel Brands in a report on Monday. They set a "sell" rating for the company. Sidoti upgraded Xcel Brands to a "hold" rating in a research report on Friday, January 31st.

Xcel Brands Stock Down 6.9 %

Shares of XELB traded down $0.21 during trading on Friday, reaching $2.82. The company's stock had a trading volume of 15,869 shares, compared to its average volume of 7,299. Xcel Brands has a twelve month low of $2.50 and a twelve month high of $9.97. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.09. The company has a market cap of $6.69 million, a price-to-earnings ratio of -2.74 and a beta of 1.38. The company has a fifty day moving average of $3.60 and a two-hundred day moving average of $5.55.

Remove Ads

Institutional Investors Weigh In On Xcel Brands

A hedge fund recently raised its stake in Xcel Brands stock. Summit Trail Advisors LLC boosted its holdings in Xcel Brands, Inc. (NASDAQ:XELB - Free Report) by 9.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,452,593 shares of the textile maker's stock after acquiring an additional 210,000 shares during the quarter. Summit Trail Advisors LLC owned 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent quarter. 18.55% of the stock is currently owned by hedge funds and other institutional investors.

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.