Vince (NYSE:VNCE) Issues Quarterly Earnings Results, Beats Expectations By $0.29 EPS

Vince (NYSE:VNCEGet Free Report) released its earnings results on Monday. The textile maker reported $0.05 EPS for the quarter, topping the consensus estimate of ($0.24) by $0.29, Yahoo Finance reports. Vince had a net margin of 10.49% and a negative return on equity of 13.13%. The firm had revenue of $74.17 million for the quarter, compared to the consensus estimate of $68.23 million. During the same quarter in the previous year, the firm earned ($0.04) earnings per share.

Vince Price Performance

Shares of Vince stock opened at $2.07 on Wednesday. The stock has a market cap of $25.96 million, a price-to-earnings ratio of 0.86 and a beta of 1.78. The stock has a 50 day moving average price of $1.66 and a 200-day moving average price of $2.05. Vince has a one year low of $1.00 and a one year high of $4.73. The company has a debt-to-equity ratio of 0.97, a quick ratio of 0.58 and a current ratio of 1.67.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Small Cap Consu upgraded Vince to a “strong-buy” rating in a research report on Thursday, May 23rd. Noble Financial started coverage on shares of Vince in a research note on Monday, June 24th. They issued an “outperform” rating and a $3.00 price objective for the company.

View Our Latest Stock Report on VNCE

About Vince

(Get Free Report)

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.

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Earnings History for Vince (NYSE:VNCE)

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