Xcel Brands (NASDAQ:XELB) Stock Keeps Outperform Rating at Noble Financial

Xcel Brands (NASDAQ:XELB)‘s stock had its “outperform” rating reiterated by 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 analyst has rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold”.

Xcel Brands Stock Performance

Shares of XELB stock traded down $0.04 during mid-day trading on Friday, hitting $0.60. The stock had a trading volume of 770,064 shares, compared to its average volume of 256,296. Xcel Brands has a fifty-two week low of $0.52 and a fifty-two week high of $2.47. The firm has a market cap of $3.94 million, a PE 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. The company’s 50-day simple moving average is $0.88 and its 200-day simple moving average is $1.49.

Xcel Brands (NASDAQ:XELB) last released its earnings results 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 return on equity of 109.17% and a negative net margin of 343.68%.The firm had revenue of $1.12 million during the quarter, compared to analyst estimates of $1.80 million. Sell-side analysts anticipate that Xcel Brands will post -1.44 earnings per share for the current year.

Xcel Brands Company Profile

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.