Vince Holding Corp. (VNCE) Receives Consensus Recommendation of “Hold” from Analysts
Shares of Vince Holding Corp. (NYSE:VNCE) have been given a consensus rating of “Hold” by the seven analysts that are currently covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $3.88.
A number of brokerages have recently weighed in on VNCE. ValuEngine lowered shares of Vince Holding Corp. from a “sell” rating to a “strong sell” rating in a report on Friday, June 2nd. Zacks Investment Research raised shares of Vince Holding Corp. from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 19th. Finally, B. Riley reissued a “neutral” rating and set a $1.00 price objective on shares of Vince Holding Corp. in a report on Saturday, May 6th.
Vince Holding Corp. (NYSE:VNCE) traded down 1.26% during trading on Friday, hitting $0.55. The stock had a trading volume of 105,930 shares. Vince Holding Corp. has a 12 month low of $0.28 and a 12 month high of $7.17. The stock’s market cap is $27.19 million. The firm has a 50 day moving average of $0.53 and a 200-day moving average of $1.34.
Vince Holding Corp. (NYSE:VNCE) last announced its quarterly earnings data on Thursday, June 8th. The textile maker reported ($0.19) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.11) by $0.08. The company had revenue of $58.05 million for the quarter. Vince Holding Corp. had a negative net margin of 65.75% and a negative return on equity of 24.26%. Equities analysts predict that Vince Holding Corp. will post ($0.11) earnings per share for the current year.
Large investors have recently bought and sold shares of the stock. California Public Employees Retirement System boosted its stake in Vince Holding Corp. by 314.3% in the first quarter. California Public Employees Retirement System now owns 84,360 shares of the textile maker’s stock worth $131,000 after buying an additional 64,000 shares during the period. Teachers Advisors LLC boosted its stake in Vince Holding Corp. by 15.0% in the fourth quarter. Teachers Advisors LLC now owns 45,141 shares of the textile maker’s stock worth $183,000 after buying an additional 5,883 shares during the period. Cove Street Capital LLC acquired a new stake in Vince Holding Corp. during the first quarter worth $542,000. Paradigm Capital Management Inc. NY boosted its stake in Vince Holding Corp. by 71.2% in the first quarter. Paradigm Capital Management Inc. NY now owns 1,926,300 shares of the textile maker’s stock worth $2,985,000 after buying an additional 801,000 shares during the period. Finally, Dimensional Fund Advisors LP boosted its stake in Vince Holding Corp. by 8.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 467,534 shares of the textile maker’s stock worth $1,894,000 after buying an additional 37,467 shares during the period. 24.51% of the stock is currently owned by institutional investors.
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About Vince Holding Corp.
Vince Holding Corp. (Vince) is a United States-based company, which offers a range of women’s and men’s apparel, women’s and men’s footwear, and handbags. The Company operates as a fashion brand. The Company operates in two segments: Wholesale and Direct-to-consumer. The Company’s Wholesale segment consists of its operations to distribute products to various department stores and specialty stores in the United States and select international markets.
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