Xcel Brands (NASDAQ:XELB) Earns Sell Rating from Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of Xcel Brands (NASDAQ:XELBGet Free Report) in a research report issued to clients and investors on Monday. The brokerage set a “sell” rating on the textile maker’s stock.

Xcel Brands Stock Down 4.7 %

Shares of NASDAQ:XELB opened at $0.42 on Monday. The business has a 50-day moving average price of $0.52 and a 200 day moving average price of $0.66. The company has a current ratio of 0.52, a quick ratio of 0.52 and a debt-to-equity ratio of 0.09. The company has a market capitalization of $10.00 million, a price-to-earnings ratio of -0.41 and a beta of 1.36. Xcel Brands has a 12-month low of $0.33 and a 12-month high of $1.40.

Xcel Brands (NASDAQ:XELBGet Free Report) last issued its quarterly earnings data on Friday, December 20th. The textile maker reported ($0.06) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 19.20% and a negative net margin of 236.80%. Sell-side analysts expect that Xcel Brands will post -0.23 EPS for the current year.

Hedge Funds Weigh In On Xcel Brands

An institutional investor recently raised its position in Xcel Brands stock. Summit Trail Advisors LLC increased its holdings in shares of Xcel Brands, Inc. (NASDAQ:XELBFree Report) by 9.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,452,593 shares of the textile maker’s stock after purchasing an additional 210,000 shares during the quarter. Summit Trail Advisors LLC owned approximately 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent quarter. 18.55% of the stock is currently owned by hedge funds and other institutional investors.

Xcel Brands Company Profile

(Get Free Report)

Xcel Brands, Inc, together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the LOGO by Lori Goldstein, the Judith Ripka, the Halston brand, the C Wonder, the TowerHill by Christie Brinkley brand (the CB brand), and other brands, as well as manages the Longaberger brand.

See Also

Receive News & Ratings for Xcel Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xcel Brands and related companies with MarketBeat.com's FREE daily email newsletter.