FY2029 Earnings Forecast for Vince Issued By Noble Financial

Vince Holding Corp. (NASDAQ:VNCE) – Equities research analysts at Noble Financial issued their FY2029 earnings estimates for shares of Vince in a report issued on Monday, October 5th. Noble Financial analyst M. Kupinski expects that the company will post earnings per share of $1.50 for the year. Noble Financial currently has a “Outperform” rating on the stock. The consensus estimate for Vince’s current full-year earnings is $1.39 per share.

Vince (NASDAQ:VNCE) last issued its earnings results on Thursday, September 10th. The company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.27 by $0.75. Vince had a net margin of 2.42% and a return on equity of 31.35%. The business had revenue of $81.79 million for the quarter, compared to analyst estimates of $81.03 million.

A number of other equities analysts have also recently issued reports on VNCE. Zacks Research raised Vince from a “hold” rating to a “strong-buy” rating in a report on Monday, September 14th. Wall Street Zen raised Vince from a “hold” rating to a “strong-buy” rating in a research note on Saturday, September 12th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Vince in a research report on Friday, September 18th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy”.

Vince Stock Down 13.6%

Shares of VNCE opened at $11.54 on Wednesday. The company has a quick ratio of 0.46, a current ratio of 1.49 and a debt-to-equity ratio of 0.21. The company has a 50-day moving average price of $7.91 and a two-hundred day moving average price of $5.91. The stock has a market cap of $149.33 million, a price-to-earnings ratio of 20.25 and a beta of 1.43. Vince has a 12 month low of $1.95 and a 12 month high of $13.45.

Institutional Trading of Vince

An institutional investor recently bought a new stake in Vince stock. AXQ Capital LP bought a new stake in Vince Holding Corp. (NASDAQ:VNCE) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,615 shares of the company’s stock, valued at approximately $83,000. AXQ Capital LP owned about 0.09% of Vince at the end of the most recent quarter. Institutional investors and hedge funds own 16.11% of the company’s stock.

Vince Company Profile

Vince is an American contemporary fashion company known for understated, elevated essentials and modern everyday apparel. The brand’s product assortment has included women’s and men’s ready-to-wear clothing, knitwear, outerwear, footwear and accessories, with an emphasis on premium materials, relaxed silhouettes and minimalist design.

Founded in Los Angeles in 2002, Vince developed from a wholesale apparel label into a direct-to-consumer business serving customers through its e-commerce platform, company-operated stores and select wholesale partners.