Sidoti Csr Issues Negative Outlook for Xcel Brands Earnings

Xcel Brands, Inc. (NASDAQ:XELB) – Analysts at Sidoti Csr decreased their Q3 2024 earnings per share (EPS) estimates for shares of Xcel Brands in a research report issued on Tuesday, December 17th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the textile maker will post earnings per share of ($0.13) for the quarter, down from their prior estimate of ($0.11). 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 ($0.06) EPS and FY2024 earnings at ($0.28) EPS.

Separately, StockNews.com assumed coverage on shares of Xcel Brands in a report on Tuesday. They issued a “sell” rating for the company.

Xcel Brands Stock Performance

Shares of XELB stock opened at $0.51 on Friday. The firm has a market capitalization of $12.08 million, a price-to-earnings ratio of -0.57 and a beta of 1.31. The stock has a fifty day moving average of $0.72 and a 200 day moving average of $0.70. Xcel Brands has a 52 week low of $0.50 and a 52 week high of $1.70. The company has a quick ratio of 0.72, a current ratio of 0.79 and a debt-to-equity ratio of 0.08.

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.