Differential Brands Group Inc. (NASDAQ:DFBG) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Tuesday.
According to Zacks, “Differential Brands Group Inc. designs, develops and markets apparel products primarily in the United States. Its product line includes women, men and children denim jeans, related casual wear and accessories and pants, jackets and other bottoms. The Company’s brand consists of Hudson and Robert Graham. Differential Brands Group Inc., formerly known as Joe’s Jeans Inc., is based in Commerce, California. “
Shares of Differential Brands Group (NASDAQ:DFBG) traded up 2.56% during trading on Tuesday, reaching $2.00. The company’s stock had a trading volume of 12,619 shares. The firm’s market cap is $26.66 million. Differential Brands Group has a 12 month low of $1.60 and a 12 month high of $8.42. The stock’s 50 day moving average price is $1.93 and its 200-day moving average price is $2.20.
Differential Brands Group (NASDAQ:DFBG) last posted its earnings results on Thursday, May 18th. The textile maker reported ($0.18) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.16) by $0.02. The firm had revenue of $40.10 million for the quarter, compared to the consensus estimate of $39.56 million. Differential Brands Group had a negative return on equity of 23.53% and a negative net margin of 8.79%. Equities analysts predict that Differential Brands Group will post ($0.24) EPS for the current year.
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In related news, CEO Michael F. Buckley purchased 20,000 shares of the stock in a transaction that occurred on Friday, May 19th. The shares were bought at an average price of $2.08 per share, with a total value of $41,600.00. Following the acquisition, the chief executive officer now owns 572,968 shares of the company’s stock, valued at approximately $1,191,773.44. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 62.50% of the company’s stock.
Differential Brands Group Company Profile
Differential Brands Group Inc, formerly Joe’s Jeans Inc, is engaged in the design, development and marketing of apparel products, which include denim jeans, related casual wear and accessories. The Company offers its products under various brands, such as Hudson, Robert Graham and SWIMS. Its segments are Wholesale and Retail.
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