Vince Holding Corp (VNCE) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS
Vince Holding Corp (NASDAQ:VNCE) released its earnings data on Wednesday. The company reported $0.28 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.24 by $0.04, American Banking and Market News reports. The company had revenue of $89.30 million for the quarter.
A number of analysts have recently weighed in on VNCE shares. Analysts at Barclays reiterated an “equal weight” rating on shares of Vince Holding Corp in a research note on Tuesday, July 29th. They now have a $30.00 price target on the stock, up previously from $28.00. Analysts at KeyCorp raised their price target on shares of Vince Holding Corp from $31.00 to $37.00 in a research note on Friday, June 6th. They now have a “buy” rating on the stock. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $35.00.
Vince Holding Corp (NASDAQ:VNCE) opened at 38.74 on Wednesday. Vince Holding Corp has a one year low of $22.53 and a one year high of $39.08. The stock’s 50-day moving average is $34.4 and its 200-day moving average is $30.18. The company’s market cap is $1.423 billion.
Vince Holding Corp, formerly Apparel Holding Corp., is a diversified apparel company. The Company designs, manufactures, and markets a collection of fashion brands which include Vince, Rebecca Taylor, David Meister, Sag Harbor, My Michelle and XOXO, along with numerous private label businesses for retailers.
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