Vince (NASDAQ:VNCE) Lowered to “Hold” Rating by Zacks Research

Zacks Research downgraded shares of Vince (NASDAQ:VNCEFree Report) from a strong-buy rating to a hold rating in a research note released on Monday morning,Zacks.com reports.

Other equities research analysts also recently issued research reports about the company. Wall Street Zen raised Vince to a “buy” rating in a report on Saturday, May 23rd. Noble Financial reissued an “outperform” rating on shares of Vince in a report on Thursday, April 16th. Finally, Weiss Ratings raised Vince from a “sell (d)” rating to a “sell (d+)” rating in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Vince currently has an average rating of “Hold” and an average target price of $4.50.

View Our Latest Analysis on Vince

Vince Trading Up 38.7%

NASDAQ:VNCE opened at $6.95 on Monday. Vince has a twelve month low of $1.02 and a twelve month high of $7.20. The company has a quick ratio of 0.51, a current ratio of 1.49 and a debt-to-equity ratio of 0.39. The business has a 50 day moving average price of $4.18 and a two-hundred day moving average price of $3.39. The company has a market cap of $89.31 million, a P/E ratio of 14.18 and a beta of 1.38.

Vince (NASDAQ:VNCEGet Free Report) last released its quarterly earnings data on Tuesday, June 16th. The company reported ($0.16) EPS for the quarter, missing the consensus estimate of ($0.13) by ($0.03). The company had revenue of $64.04 million during the quarter, compared to analyst estimates of $63.05 million. Vince had a net margin of 2.13% and a return on equity of 11.08%. As a group, analysts expect that Vince will post 0.55 EPS for the current fiscal year.

Institutional Investors Weigh In On Vince

A number of large investors have recently added to or reduced their stakes in the business. XTX Topco Ltd bought a new stake in Vince in the 4th quarter valued at $44,000. Bridgeway Capital Management LLC increased its position in Vince by 31.8% during the 3rd quarter. Bridgeway Capital Management LLC now owns 59,656 shares of the company’s stock worth $199,000 after buying an additional 14,400 shares during the period. Dimensional Fund Advisors LP increased its position in Vince by 46.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 48,399 shares of the company’s stock worth $117,000 after buying an additional 15,266 shares during the period. Algert Global LLC bought a new position in Vince during the 3rd quarter worth $57,000. Finally, Jane Street Group LLC bought a new position in Vince during the 4th quarter worth $148,000. Institutional investors own 16.11% of the company’s stock.

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About Vince

(Get Free Report)

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.

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