Q4 EPS Estimates for Xcel Brands Cut by Noble Financial

Xcel Brands, Inc. (NASDAQ:XELB - Free Report) - Investment analysts at Noble Financial reduced their Q4 2024 EPS estimates for Xcel Brands in a research report issued to clients and investors on Wednesday, March 26th. Noble Financial analyst M. Kupinski now anticipates that the textile maker will post earnings per share of ($0.66) for the quarter, down from their prior forecast of ($0.60). The consensus estimate for Xcel Brands' current full-year earnings is ($0.23) per share. Noble Financial also issued estimates for Xcel Brands' FY2025 earnings at ($1.54) EPS.

Other research analysts also recently issued reports about the stock. Sidoti raised shares of Xcel Brands to a "hold" rating in a research report on Friday, January 31st. StockNews.com began coverage on Xcel Brands in a research report on Monday. They issued a "sell" rating for the company.

Xcel Brands Trading Down 6.9 %

Shares of Xcel Brands stock traded down $0.21 on Friday, hitting $2.82. The stock had a trading volume of 15,869 shares, compared to its average volume of 7,299. The stock's 50-day simple moving average is $3.60 and its two-hundred day simple moving average is $5.55. Xcel Brands has a one year low of $2.50 and a one year 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 stock has a market cap of $6.69 million, a price-to-earnings ratio of -2.74 and a beta of 1.38.

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Institutional Inflows and Outflows

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% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 2,452,593 shares of the textile maker's stock after purchasing an additional 210,000 shares during the quarter. Summit Trail Advisors LLC owned about 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent reporting period. 18.55% of the stock is currently owned by hedge funds and other institutional investors.

Xcel Brands Company Profile

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.