Vince (NASDAQ:VNCE) Announces Quarterly Earnings Results, Beats Expectations By $0.10 EPS

Vince (NASDAQ:VNCE) released its quarterly earnings results on Tuesday. The company reported $0.21 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.10, Zacks reports. Vince had a negative net margin of 5.75% and a positive return on equity of 11.37%.

Vince Stock Performance

Shares of NASDAQ:VNCE opened at $3.20 on Tuesday. The company has a market cap of $42.68 million, a price-to-earnings ratio of -2.39 and a beta of 0.72. Vince has a 1 year low of $1.02 and a 1 year high of $6.89. The company has a quick ratio of 0.51, a current ratio of 1.61 and a debt-to-equity ratio of 0.63.

Analyst Ratings Changes

A number of brokerages recently commented on VNCE. Weiss Ratings initiated coverage on shares of Vince in a report on Thursday, October 30th. They issued a “sell (d)” rating for the company. Wall Street Zen raised Vince from a “hold” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

About Vince

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.