Xcel Brands, Inc. (NASDAQ:XELB) traded at $1.07 at last check on Friday, Nov 20, making an upward move of 4.9% on its previous day’s price.
Looking at the stock we see that its previous close was $1.02 and the beta (5Y monthly) reads 2.15 with the day’s price range being $1.0200 – 1.1790. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, XELB has a high of $1.86 and a low of $0.4. The company’s stock has gained about -2.73% over that past 30 days.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $10.9 Million, with a low of $10.9 Million and a high of $10.9 Million. The median projection represents growth adding up to -0.3% compared to sales earnings for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecasts for 2020 are expected to hit $38.2 Million, or -8.5% down from figures reported last year.
On the other hand, looking at the outlook for the XELB stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 50% Buy. Long term indicators on average place the stock in the category of 50% Buy.
Based on estimates by 1 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Xcel Brands, Inc. (XELB) stock as a Hold, while none rate it as a Buy. None analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the XELB stock currently stands at 0, and the current price level is 13.03% off its SMA20 and 25.14% from its 50-day simple moving average. The RSI (14) is pointing at 59.22 while the volatility over the past week is 16.35% and drops to 10.55% over the past one month. The beta value is 2.15, while the average true range (ATR) is currently pointing at 0.13. The average price target for the stock over the next 12 months is $0.85, with the estimates having a low of $0.85 and a high of $0.85. These price ends are -20.56% and -20.56% off the current price level respectively, although investors could be excited at the prospect of a -20.56% if the XELB share price touches on the median price of $0.85.
Let’s briefly compare Xcel (XELB) stock to its peers. We find that today’s price change of +4.9% and -27.7% over the past 12 months for XELB competes that of Farfetch Ltd Cl A (FTCH), which has seen its stock price rise 3.09% in the latest trading session and is +400.53% over the last one year. Another of its peers L Brands Inc (LB) has climbed 1.06% today, and is +132.79% up over the past year, while Gap Inc (GPS) is also up 4.9% yet its price remains in the red at -27.7% over the same period. Farfetch has a P/E ratio of 0 compared to Xcel’s 0 and L’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to Xcel Brands, Inc. (NASDAQ:XELB), we note that the average 3-month trading volume was 455.93 Million, while that of the preceding 10-day period stands at 176.99 Million. Current shares outstanding are 19.23 Million.
According to data from Thomson Reuters, insiders hold 63.13% of the company’s shares while institutions hold 7.37%. The data shows that short shares as of October 29, 2020, stood at 110.37 Million at a short ratio of 0.14. This represents a 0.57% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 37.78 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -28.67% down in year-to-date price movement.