News coverage about XCel Brands (NASDAQ:XELB) has trended somewhat positive recently, according to Accern. Accern rates the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. XCel Brands earned a news impact score of 0.06 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.9286849869848 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have impacted Accern Sentiment Analysis’s rankings:
- Xcel Brands, Inc (XELB) Posts Earnings Results (americanbankingnews.com)
- Analysts Expect Xcel Brands, Inc (XELB) to Announce $0.10 EPS (americanbankingnews.com)
- Xcel Brands, Inc (XELB) Forecasted to Earn Q3 2017 Earnings of $0.10 Per Share (americanbankingnews.com)
- Xcel Brands to Report Third Quarter 2017 Financial Results on November 9, 2017 (finance.yahoo.com)
Shares of XCel Brands (XELB) opened at $2.55 on Friday. XCel Brands has a fifty-two week low of $1.80 and a fifty-two week high of $5.05.
XCel Brands (NASDAQ:XELB) last posted its quarterly earnings data on Thursday, November 9th. The company reported $0.09 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.10 by ($0.01). XCel Brands had a net margin of 2.54% and a return on equity of 0.80%. The firm had revenue of $7.89 million during the quarter, compared to analysts’ expectations of $10.49 million.
Several brokerages have commented on XELB. FBR & Co restated a “buy” rating and set a $4.50 price objective (up from $4.00) on shares of XCel Brands in a research report on Thursday, August 10th. B. Riley reissued a “buy” rating and issued a $4.50 price objective on shares of XCel Brands in a research note on Friday.
In other XCel Brands news, Director Edward Jones III sold 7,500 shares of the firm’s stock in a transaction on Thursday, August 17th. The shares were sold at an average price of $4.14, for a total value of $31,050.00. Following the completion of the transaction, the director now directly owns 67,382 shares of the company’s stock, valued at approximately $278,961.48. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
XCel Brands Company Profile
Xcel Brands, Inc is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands.
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