FY2024 EPS Estimates for Xcel Brands Reduced by Sidoti Csr

Xcel Brands, Inc. (NASDAQ:XELB - Free Report) - Investment analysts at Sidoti Csr lowered their FY2024 EPS estimates for shares of Xcel Brands in a research note issued on Tuesday, March 25th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the textile maker will post earnings per share of ($2.37) 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.

A number of other research firms have also commented on XELB. Sidoti raised shares of Xcel Brands to a "hold" rating in a research report on Friday, January 31st. StockNews.com assumed coverage on Xcel Brands in a research report on Monday. They issued a "sell" rating for the company.

Xcel Brands Stock Up 6.4 %

XELB traded up $0.18 during midday trading on Friday, hitting $3.00. 75,815 shares of the company's stock traded hands, compared to its average volume of 7,663. The company has a market cap of $7.12 million, a PE ratio of -2.91 and a beta of 1.38. The stock's fifty day simple moving average is $3.57 and its 200-day simple moving average is $5.52. The company has a debt-to-equity ratio of 0.09, a current ratio of 0.52 and a quick ratio of 0.52. Xcel Brands has a one year low of $2.50 and a one year high of $9.97.

Institutional Investors Weigh In On Xcel Brands

A hedge fund recently raised its stake in Xcel Brands stock. Summit Trail Advisors LLC lifted its stake in Xcel Brands, Inc. (NASDAQ:XELB - Free Report) by 9.4% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,452,593 shares of the textile maker's stock after purchasing an additional 210,000 shares during the period. 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 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.