FY2024 EPS Estimates for Xcel Brands Increased by Sidoti Csr

Xcel Brands, Inc. (NASDAQ:XELB) – Equities research analysts at Sidoti Csr raised their FY2024 earnings estimates for shares of Xcel Brands in a report issued on Tuesday, December 24th. Sidoti Csr analyst A. Lebiedzinski now expects that the textile maker will post earnings per share of ($0.23) for the year, up from their prior estimate of ($0.28). The consensus estimate for Xcel Brands’ current full-year earnings is ($0.26) per share. Sidoti Csr also issued estimates for Xcel Brands’ Q4 2024 earnings at ($0.07) EPS, Q1 2025 earnings at ($0.05) EPS and FY2025 earnings at $0.00 EPS.

Separately, StockNews.com began coverage on Xcel Brands in a research note on Wednesday. They issued a “sell” rating for the company.

Xcel Brands Price Performance

Xcel Brands stock opened at $0.49 on Friday. The business has a 50-day moving average of $0.68 and a 200-day moving average of $0.69. The firm has a market capitalization of $11.47 million, a P/E ratio of -0.54 and a beta of 1.31. Xcel Brands has a 1 year low of $0.33 and a 1 year high of $1.70. The company has a current ratio of 0.79, a quick ratio of 0.72 and a debt-to-equity ratio of 0.08.

Xcel Brands (NASDAQ:XELB) last posted its quarterly earnings data on Friday, December 20th. The textile maker reported ($0.06) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.12) by $0.06. Xcel Brands had a negative return on equity of 20.74% and a negative net margin of 179.30%.

About Xcel Brands

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.