Xcel Brands’ (XELB) “Outperform” Rating Reaffirmed at Noble Financial

Xcel Brands (NASDAQ:XELB)‘s stock had its “outperform” rating reiterated by analysts at Noble Financial in a research report issued to clients and investors 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 company’s stock. According to MarketBeat.com, Xcel Brands has a consensus rating of “Hold”.

Xcel Brands Trading Down 9.2%

Shares of NASDAQ XELB traded down $0.06 during trading on Friday, hitting $0.58. 643,286 shares of the company were exchanged, compared to its average volume of 255,595. The company has a fifty day moving average price of $0.88 and a 200-day moving average price of $1.49. The company has a debt-to-equity ratio of 0.87, a quick ratio of 0.28 and a current ratio of 0.28. The firm has a market capitalization of $3.81 million, a PE ratio of -0.17 and a beta of 1.24. Xcel Brands has a 12-month low of $0.52 and a 12-month high of $2.47.

Xcel Brands (NASDAQ:XELB) last announced its quarterly earnings data on Thursday, August 13th. The textile maker reported ($0.40) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.38) by ($0.02). Xcel Brands had a negative net margin of 343.68% and a negative return on equity of 109.17%. The firm had revenue of $1.12 million during the quarter, compared to analysts’ expectations of $1.80 million. As a group, equities research analysts expect that Xcel Brands will post -1.44 EPS 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.