Sidoti Csr Brokers Lower Earnings Estimates for Xcel Brands

Xcel Brands, Inc. (NASDAQ:XELB) – Analysts at Sidoti Csr reduced their FY2024 earnings estimates for Xcel Brands in a research note issued to investors on Tuesday, March 25th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the textile maker will post earnings of ($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.

Several other equities analysts have also commented on the company. Sidoti upgraded Xcel Brands to a “hold” rating in a research note on Friday, January 31st. StockNews.com initiated coverage on shares of Xcel Brands in a report on Sunday, March 23rd. They set a “sell” rating on the stock.

Xcel Brands Trading Down 3.8 %

XELB opened at $3.61 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 stock’s fifty day moving average is $3.62 and its two-hundred day moving average is $5.60. The company has a market capitalization of $85.63 million, a P/E ratio of -3.50 and a beta of 1.38. Xcel Brands has a 52 week low of $2.50 and a 52 week high of $9.97.

Institutional Trading of Xcel Brands

An institutional investor recently raised its position in Xcel Brands stock. Summit Trail Advisors LLC lifted its stake in Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% in the 4th quarter, according to the company in its most recent filing with the Securities and 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 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent quarter. 18.55% of the stock is owned by institutional investors and hedge funds.

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.