FY2024 EPS Estimates for Xcel Brands Reduced by Sidoti Csr

Xcel Brands, Inc. (NASDAQ:XELB) – Research analysts at Sidoti Csr decreased their FY2024 EPS estimates for shares of Xcel Brands in a research note issued on Tuesday, March 25th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the textile maker will earn ($2.37) per share for the year, down from their previous estimate of ($2.30). The consensus estimate for Xcel Brands’ current full-year earnings is ($0.23) per share. Sidoti Csr also issued estimates for Xcel Brands’ Q4 2024 earnings at ($0.82) EPS, Q1 2025 earnings at ($0.55) EPS, Q2 2025 earnings at ($0.06) EPS, Q3 2025 earnings at $0.06 EPS, FY2025 earnings at ($0.55) EPS, Q1 2026 earnings at ($0.45) EPS, Q2 2026 earnings at $0.15 EPS, Q3 2026 earnings at $0.53 EPS and Q4 2026 earnings at $0.56 EPS.

XELB has been the subject of a number of other reports. StockNews.com began coverage on Xcel Brands in a research note on Sunday, March 23rd. They issued a “sell” rating for the company. Sidoti raised Xcel Brands to a “hold” rating in a research report on Friday, January 31st.

Xcel Brands Stock Down 17.4 %

Shares of NASDAQ XELB opened at $3.03 on Friday. The company has a quick ratio of 0.52, a current ratio of 0.52 and a debt-to-equity ratio of 0.09. The business’s 50 day moving average is $3.60 and its two-hundred day moving average is $5.57. Xcel Brands has a 52-week low of $2.50 and a 52-week high of $9.97. The firm has a market cap of $71.90 million, a price-to-earnings ratio of -2.94 and a beta of 1.38.

Institutional Investors Weigh In On Xcel Brands

An institutional investor recently raised its position in Xcel Brands stock. Summit Trail Advisors LLC grew its holdings in Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,452,593 shares of the textile maker’s stock after acquiring an additional 210,000 shares during the period. Summit Trail Advisors LLC owned about 10.37% of Xcel Brands worth $1,248,000 as of its most recent filing with the Securities & Exchange Commission. 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.