In the latest trading session, 0.44 million Xcel Brands Inc (NASDAQ:XELB) shares changed hands as the company’s beta touched 1.38. With the company’s most recent per share price at $0.43 changed hands at -$0.02 or -4.52% at last look, the market valuation stands at $10.26M. XELB’s current price is a discount, trading about -295.35% off its 52-week high of $1.70. The share price had its 52-week low at $0.33, which suggests the last value was 23.26% up since then. When we look at Xcel Brands Inc’s average trading volume, we note the 10-day average is 75530.0 shares, with the 3-month average coming to 129.06K.
Analysts gave the Xcel Brands Inc (XELB) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended XELB as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight.
Xcel Brands Inc (NASDAQ:XELB) trade information
Instantly XELB was in red as seen in intraday trades today. With action -12.50%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -15.73%, with the 5-day performance at -12.50% in the red. However, in the 30-day time frame, Xcel Brands Inc (NASDAQ:XELB) is -31.27% down. Looking at the short shares, we see there were 90568.0 shares sold at short interest cover period of 5.96 days.
Xcel Brands Inc (XELB) estimates and forecasts
Data shows that the Xcel Brands Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -41.06% over the past 6 months, a 62.90% in annual growth rate that is considerably higher than the industry average of 8.70%.
The 2025 estimates are for Xcel Brands Inc earnings to increase by 22.58%, but the outlook for the next 5-year period is at 25.00% per year.
XELB Dividends
Xcel Brands Inc is expected to release its next quarterly earnings report in February.
Xcel Brands Inc (NASDAQ:XELB)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 40.97% of Xcel Brands Inc shares while 26.51% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 44.91%. There are 26.51% institutions holding the Xcel Brands Inc stock share, with SUMMIT TRAIL ADVISORS, LLC the top institutional holder. As of 2024-06-30, the company held 11.0066% of the shares, roughly 2.24 million XELB shares worth $1.32 million.
AWM INVESTMENT COMPANY, INC. holds the second largest percentage of outstanding shares, with 3.7754% or 0.77 million shares worth $0.45 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were Perritt Microcap Opportunities Fund and Vanguard Total Stock Market Index Fund. With 494.0 shares estimated at $0.21 million under it, the former controlled 2.09% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.45% of the shares, roughly 342.26 shares worth around $0.15 million.