Differential Brands Group Inc. (DFBG) Upgraded to Hold at Zacks Investment Research

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, July 18th.

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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. “

Differential Brands Group (NASDAQ:DFBG) remained flat at $1.90 during midday trading on Tuesday. The stock had a trading volume of 6,278 shares. The company’s market cap is $25.33 million. The company has a 50-day moving average of $1.95 and a 200-day moving average of $2.08. Differential Brands Group has a 52 week low of $1.60 and a 52 week high of $8.42.

Differential Brands Group (NASDAQ:DFBG) last announced its earnings results on Thursday, May 18th. The textile maker reported ($0.18) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.16) by $0.02. Differential Brands Group had a negative net margin of 8.79% and a negative return on equity of 23.53%. The business had revenue of $40.10 million during the quarter, compared to analyst estimates of $39.56 million. Equities research analysts anticipate that Differential Brands Group will post ($0.24) EPS for the current year.

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In other news, CEO Michael F. Buckley acquired 20,000 shares of the stock in a transaction that occurred on Friday, May 19th. The stock was purchased at an average cost of $2.08 per share, for a total transaction of $41,600.00. Following the completion of the transaction, the chief executive officer now directly owns 572,968 shares in the company, valued at $1,191,773.44. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Company insiders own 62.50% of the company’s stock.

About Differential Brands Group

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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