In the last trading session, 73984.0 shares of the Xcel Brands Inc (NASDAQ:XELB) were traded, and its beta was 1.37. Most recently the company’s share price was $0.43, and it changed around -$0.01 or -1.14% from the last close, which brings the market valuation of the company to $10.27M. XELB currently trades at a discount to its 52-week high of $1.70, offering almost -295.35% off that amount. The share price’s 52-week low was $0.33, which indicates that the current value has risen by an impressive 23.26% since then. We note from Xcel Brands Inc’s average daily trading volume that its 10-day average is 96350.0 shares, with the 3-month average coming to 137.65K.
Xcel Brands Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended XELB as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Xcel Brands Inc is expected to report earnings per share of -0.07 for the current quarter.
Xcel Brands Inc (NASDAQ:XELB) trade information
Instantly XELB has showed a red trend with a performance of -1.14% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 0.5000 on recent trading dayincreased the stock’s daily price by 14.0%. The company’s shares are currently down -15.65% year-to-date, but still down -3.89% over the last five days. On the other hand, Xcel Brands Inc (NASDAQ:XELB) is -19.85% down in the 30-day period. We can see from the shorts that 90568.0 shares have been sold at a short interest cover period of 5.96 day(s).
Xcel Brands Inc (XELB) estimates and forecasts
Xcel Brands Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -36.51 percent over the past six months and at a 62.90% annual growth rate that is well above the industry average of 9.50%. The year-over-year growth rate is expected to be -46.93%, down from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 2.37M in revenue for the current quarter. 1 analysts expect Xcel Brands Inc to make 2.73M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.29M and 2.18M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 3.76%. Forecasts for the next quarter put sales growth at 25.00%.
Xcel Brands Inc earnings are expected to increase by 22.58% in 2025, but the outlook is positive 25.00% per year for the next five years.
XELB Dividends
Xcel Brands Inc’s next quarterly earnings report is expected to be released in February.
Xcel Brands Inc (NASDAQ:XELB)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 40.97% of Xcel Brands Inc shares, and 26.51% of them are in the hands of institutional investors. The stock currently has a share float of 44.91%. Xcel Brands Inc stock is held by 20.0 institutions, with SUMMIT TRAIL ADVISORS, LLC being the largest institutional investor. By 2024-06-30, it held 11.0066% of the shares, which is about 2.24 million shares worth $1.32 million.
AWM INVESTMENT COMPANY, INC., with 3.7754% or 0.77 million shares worth $0.45 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
