Q4 EPS Estimates for Xcel Brands Cut by Noble Financial

Xcel Brands, Inc. (NASDAQ:XELB) – Stock analysts at Noble Financial reduced their Q4 2024 EPS estimates for Xcel Brands in a research report issued on Wednesday, March 26th. Noble Financial analyst M. Kupinski now forecasts that the textile maker will post earnings per share of ($0.66) for the quarter, down from their previous forecast of ($0.60). The consensus estimate for Xcel Brands’ current full-year earnings is ($0.23) per share. Noble Financial also issued estimates for Xcel Brands’ FY2025 earnings at ($1.54) EPS.

Several other brokerages have also recently weighed in on XELB. Sidoti raised Xcel Brands to a “hold” rating in a research note on Friday, January 31st. StockNews.com started coverage on Xcel Brands in a research note on Sunday, March 23rd. They set a “sell” rating on the stock.

Xcel Brands Stock Performance

Shares of NASDAQ XELB opened at $3.61 on Friday. Xcel Brands has a 1 year low of $2.50 and a 1 year high of $9.97. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.52 and a current ratio of 0.52. The stock has a fifty day moving average price of $3.62 and a two-hundred day moving average price of $5.60. The firm has a market cap of $85.63 million, a P/E ratio of -3.50 and a beta of 1.38.

Hedge Funds Weigh In On Xcel Brands

An institutional investor recently raised its position in Xcel Brands stock. Summit Trail Advisors LLC boosted its stake in shares of Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm 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 about 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 18.55% of the company’s stock.

Xcel Brands Company Profile

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.