a.k.a. Brands (NYSE:AKA) Releases Quarterly Earnings Results, Misses Expectations By $0.02 EPS

a.k.a. Brands (NYSE:AKA) posted its quarterly earnings results on Wednesday. The company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.44) by ($0.02), Zacks reports. a.k.a. Brands had a negative net margin of 4.48% and a negative return on equity of 21.06%. The business had revenue of $147.08 million during the quarter, compared to analysts’ expectations of $154.87 million. a.k.a. Brands updated its FY 2025 guidance to EPS.

a.k.a. Brands Stock Performance

Shares of AKA traded down $0.73 during mid-day trading on Thursday, hitting $11.87. The company’s stock had a trading volume of 6,335 shares, compared to its average volume of 15,016. a.k.a. Brands has a one year low of $7.00 and a one year high of $26.52. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.54 and a current ratio of 1.32. The firm has a market capitalization of $128.63 million, a PE ratio of -4.73 and a beta of 1.63. The stock’s 50-day moving average is $11.32 and its two-hundred day moving average is $11.15.

Analysts Set New Price Targets

Several analysts have weighed in on AKA shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of a.k.a. Brands in a research note on Wednesday, October 8th. Telsey Advisory Group reiterated a “market perform” rating and issued a $13.00 target price on shares of a.k.a. Brands in a report on Thursday. Finally, Zacks Research upgraded a.k.a. Brands from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $20.00.

Institutional Investors Weigh In On a.k.a. Brands

An institutional investor recently bought a new position in a.k.a. Brands stock. Bridgeway Capital Management LLC acquired a new stake in a.k.a. Brands Holding Corp. (NYSE:AKA) in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 11,475 shares of the company’s stock, valued at approximately $118,000. Bridgeway Capital Management LLC owned 0.11% of a.k.a. Brands at the end of the most recent quarter. Hedge funds and other institutional investors own 55.35% of the company’s stock.

a.k.a. Brands Company Profile

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.