a.k.a. Brands FY2024 EPS Lifted by Telsey Advisory Group

a.k.a. Brands Holding Corp. (NYSE:AKA) – Investment analysts at Telsey Advisory Group lifted their FY2024 earnings per share estimates for a.k.a. Brands in a report released on Tuesday, January 14th. Telsey Advisory Group analyst D. Telsey now anticipates that the company will earn ($1.72) per share for the year, up from their prior estimate of ($1.77). Telsey Advisory Group has a “Market Perform” rating and a $22.00 price target on the stock. The consensus estimate for a.k.a. Brands’ current full-year earnings is ($1.59) per share. Telsey Advisory Group also issued estimates for a.k.a. Brands’ Q4 2024 earnings at ($0.28) EPS and FY2025 earnings at ($0.62) EPS.

Separately, Lake Street Capital assumed coverage on shares of a.k.a. Brands in a research note on Monday, December 16th. They set a “buy” rating and a $30.00 price objective on the stock.

a.k.a. Brands Stock Performance

Shares of AKA opened at $17.48 on Thursday. a.k.a. Brands has a 52-week low of $7.22 and a 52-week high of $33.73. The company has a quick ratio of 0.51, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The firm has a market cap of $185.99 million, a price-to-earnings ratio of -6.05 and a beta of 1.40. The business’s 50 day moving average is $20.14 and its two-hundred day moving average is $20.67.

Institutional Trading of a.k.a. Brands

An institutional investor recently raised its position in a.k.a. Brands stock. Renaissance Technologies LLC grew its position in a.k.a. Brands Holding Corp. (NYSE:AKA) by 11.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 30,369 shares of the company’s stock after acquiring an additional 3,100 shares during the quarter. Renaissance Technologies LLC owned approximately 0.29% of a.k.a. Brands worth $463,000 as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 55.35% of the company’s stock.

a.k.a. Brands Company Profile

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.