Joe’s Jeans Inc. (DFBG) Cut to “Hold” at Zacks Investment Research
Joe’s Jeans Inc. (NASDAQ:DFBG) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “Differential Brands Group Inc. designs, develops and markets apparel products primarily in the United States. Its product line includes women, men and children denim jeans, related casual wear and accessories and pants, jackets and other bottoms. The Company’s brand consists of Hudson and Robert Graham. Differential Brands Group Inc., formerly known as Joe’s Jeans Inc., is based in Commerce, California. “
Joe’s Jeans (NASDAQ:DFBG) traded up 0.59% during mid-day trading on Tuesday, hitting $4.20. The company had a trading volume of 52,434 shares. The company has a 50-day moving average price of $5.68 and a 200 day moving average price of $4.52. The company has a market capitalization of $54.94 million, a P/E ratio of 15.67 and a beta of -0.70. Joe’s Jeans has a 52-week low of $2.52 and a 52-week high of $9.90.
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Joe’s Jeans (NASDAQ:DFBG) last posted its quarterly earnings data on Tuesday, August 16th. The company reported ($0.13) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.25) by $0.12. The firm earned $32.37 million during the quarter. On average, analysts forecast that Joe’s Jeans will post $0.04 EPS for the current fiscal year.
Joe’s Jeans Company Profile
Differential Brands Group Inc, formerly Joe’s Jeans Inc, is engaged in the design, development and marketing of apparel products, which include denim jeans, related casual wear and accessories. The Company offers its products under various brands, such as Hudson, Robert Graham and SWIMS. Its segments are Wholesale and Retail.
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