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 per share estimates for Xcel Brands in a report released on Tuesday, December 24th. Sidoti Csr analyst A. Lebiedzinski now anticipates that the textile maker will earn ($0.23) per share 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 assumed coverage on shares of Xcel Brands in a report on Wednesday. They set a “sell” rating for the company.

Xcel Brands Stock Performance

NASDAQ XELB opened at $0.49 on Friday. Xcel Brands has a 52-week low of $0.33 and a 52-week high of $1.70. The company has a debt-to-equity ratio of 0.08, a current ratio of 0.79 and a quick ratio of 0.72. The firm has a market capitalization of $11.47 million, a price-to-earnings ratio of -0.54 and a beta of 1.31. The company’s fifty day moving average is $0.68 and its two-hundred day moving average is $0.69.

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

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.