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Monday, October 19, 2020

The Unprecedented Rise of Xcel Brands Inc. (NASDAQ:XELB)

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Xcel Brands Inc. (XELB) shares are trading at higher $0.85 and the avg recommendation for the stock is Hold.

To add more color to this target, the company’s high over the last year is $1.94 and the low is $0.40. Over the last 52 weeks, XELB is down -47.52% while the S&P 500 is up 16.41%. The catalyst for this interesting swing was the company’s recent earnings report.

A Notable Earnings Report

In the last quarter, XELB reported a profit of $4.8 million. Xcel Brands Inc. also saw revenues increase to $5.05 million. In addition, XELB has free cash flow of $1.75 million as of 06-2020. The company’s EBITDA came in at $0.74 million which compares well with its peers.

XELB booked profit margins of -20.40%, its Return on Equity (ROE) is -7.60%, and its Return on Assets is -5.30%. All told, it is clear that, XELB needs to be on your watchlist.

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Of course, we must look beyond the financials and question how well those numbers represent the sustainable earnings power of the business. Investors need to know how sustainable this current run. XELB has a short ratio of 0.17 and outstanding shares of 19.13M.

Company Outlook

XELB has seen increased volume after this news and investors are putting their support behind the value proposition. Furthermore, 10-day volume stands at 0.29 million and more growth is possible in the weeks ahead. Traders will also note the company’s earnings per share came in at -0.40. Xcel Brands Inc. XELB also noted assets of $137.5 million at the end of the last quarter. Investors should also keep an eye on sector updates as XELB has historically followed its peers on positive news.

All told, Xcel Brands Inc. XELB has strung together solid data and demonstrated underlying fundamentals. At its current valuation, XELB represents an interesting risk/reward case. Traders should stay tuned to see if this recent report will push the stock to test recent resistance levels.

Xcel Brands Inc. XELB is now commanding a market cap of 15.95M and a float of 7.12M. XELB is increasing its credibility in this sector and that could lead to more upside down the line. Sign-up for continuing coverage on shares of XELB stock, as well as other hot stock picks, get our free newsletter today and get our next breakout pick!

Disclosure: we hold no position in XELB, either long or short, and we have not been compensated for this article.

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