XCel Brands Inc (XELB) Given $5.00 Average Target Price by Analysts

Shares of XCel Brands Inc (NASDAQ:XELB) have been given a consensus broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Analysts have set a 12-month consensus target price of $5.00 for the company, according to Zacks. Zacks has also given XCel Brands an industry rank of 48 out of 265 based on the ratings given to related companies.

A number of brokerages have recently weighed in on XELB. ValuEngine raised XCel Brands from a “hold” rating to a “buy” rating in a report on Sunday, December 31st. DA Davidson began coverage on XCel Brands in a report on Thursday. They set a “buy” rating and a $5.00 target price on the stock. Finally, B. Riley reaffirmed a “buy” rating and set a $4.50 target price on shares of XCel Brands in a report on Friday, November 10th.

A hedge fund recently raised its stake in XCel Brands stock. AWM Investment Company Inc. increased its stake in shares of XCel Brands Inc (NASDAQ:XELB) by 15.1% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 430,002 shares of the textile maker’s stock after buying an additional 56,562 shares during the quarter. AWM Investment Company Inc. owned about 2.70% of XCel Brands worth $1,312,000 at the end of the most recent reporting period. Institutional investors own 20.79% of the company’s stock.

Shares of XCel Brands (XELB) opened at $3.15 on Friday. The company has a quick ratio of 2.54, a current ratio of 2.54 and a debt-to-equity ratio of 0.19. XCel Brands has a 12 month low of $1.80 and a 12 month high of $5.00. The company has a market capitalization of $58.14, a PE ratio of 24.23 and a beta of 0.50.

XCel Brands (NASDAQ:XELB) last announced its quarterly earnings data on Thursday, November 9th. The textile maker reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.01). The firm had revenue of $7.89 million during the quarter, compared to analyst estimates of $10.49 million. XCel Brands had a net margin of 8.92% and a return on equity of 2.34%.

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About XCel Brands

Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.

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