FY2024 EPS Estimates for Xcel Brands Lowered by Sidoti Csr

Xcel Brands, Inc. (NASDAQ:XELB) – Stock analysts at Sidoti Csr reduced their FY2024 earnings estimates for Xcel Brands in a research report issued on Tuesday, March 25th. Sidoti Csr analyst A. Lebiedzinski now forecasts that the textile maker will post earnings per share of ($2.37) for the year, down from their previous forecast 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.

XELB has been the topic of a number of other reports. StockNews.com began coverage on Xcel Brands in a report on Sunday, March 23rd. They issued a “sell” rating on the stock. Sidoti raised shares of Xcel Brands to a “hold” rating in a report on Friday, January 31st.

Xcel Brands Stock Performance

Shares of NASDAQ 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. Xcel Brands has a 52-week low of $2.50 and a 52-week high of $9.97. The company has a market cap of $85.63 million, a PE ratio of -3.50 and a beta of 1.38. The firm’s 50-day moving average price is $3.62 and its 200-day moving average price is $5.60.

Hedge Funds Weigh In On Xcel Brands

A hedge fund recently raised its stake in Xcel Brands stock. Summit Trail Advisors LLC lifted its holdings in Xcel Brands, Inc. (NASDAQ:XELB) by 9.4% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,452,593 shares of the textile maker’s stock after buying an additional 210,000 shares during the quarter. Summit Trail Advisors LLC owned approximately 10.37% of Xcel Brands worth $1,248,000 at the end of the most recent quarter. 18.55% of the stock is currently owned by institutional investors.

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.