Telsey Advisory Group Lowers a.k.a. Brands (NYSE:AKA) Price Target to $18.00

a.k.a. Brands (NYSE:AKA) had its price target dropped by research analysts at Telsey Advisory Group from $22.00 to $18.00 in a note issued to investors on Friday, MarketBeat.com reports. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s price target indicates a potential upside of 36.21% from the stock’s current price. Telsey Advisory Group also issued estimates for a.k.a. Brands’ Q2 2025 earnings at $0.16 EPS and FY2026 earnings at ($0.33) EPS.

Other analysts also recently issued reports about the stock. Weiss Ratings restated a “sell (d-)” rating on shares of a.k.a. Brands in a report on Wednesday, February 19th. Lake Street Capital initiated coverage on shares of a.k.a. Brands in a research note on Monday, December 16th. They set a “buy” rating and a $30.00 price target for the company.

a.k.a. Brands Stock Performance

a.k.a. Brands stock opened at $13.22 on Friday. The company’s 50-day moving average price is $16.79 and its 200-day moving average price is $20.50. a.k.a. Brands has a twelve month low of $7.22 and a twelve month high of $33.73. The company has a quick ratio of 0.51, a current ratio of 1.58 and a debt-to-equity ratio of 0.77. The company has a market cap of $140.61 million, a PE ratio of -4.57 and a beta of 1.39.

a.k.a. Brands (NYSE:AKA) last posted its earnings results on Thursday, March 6th. The company reported ($0.88) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.14) by ($0.74). a.k.a. Brands had a negative return on equity of 20.82% and a negative net margin of 5.41%. The business had revenue of $159.02 million during the quarter, compared to the consensus estimate of $158.98 million. On average, equities research analysts forecast that a.k.a. Brands will post -1.57 EPS for the current fiscal year.

Hedge Funds Weigh In On a.k.a. Brands

A number of large investors have recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in shares of a.k.a. Brands by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 14,739 shares of the company’s stock worth $276,000 after purchasing an additional 792 shares during the period. JPMorgan Chase & Co. boosted its position in a.k.a. Brands by 103.2% in the 4th quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company’s stock valued at $43,000 after buying an additional 1,173 shares during the period. Finally, Rhumbline Advisers boosted its position in a.k.a. Brands by 487.3% in the 4th quarter. Rhumbline Advisers now owns 3,900 shares of the company’s stock valued at $73,000 after buying an additional 3,236 shares during the period. 55.35% of the stock is owned by hedge funds and other institutional investors.

About a.k.a. Brands

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.