RTW Retailwinds (NYSE:RTW) is set to announce its earnings results after the market closes on Thursday, March 21st. Analysts expect the company to announce earnings of $0.04 per share for the quarter.
RTW Retailwinds stock opened at $2.81 on Friday. RTW Retailwinds has a 12 month low of $2.55 and a 12 month high of $5.55. The firm has a market capitalization of $191.98 million, a price-to-earnings ratio of 28.10 and a beta of 1.35.
A hedge fund recently bought a new stake in RTW Retailwinds stock. Geode Capital Management LLC bought a new position in RTW Retailwinds Inc (NYSE:RTW) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 272,219 shares of the company’s stock, valued at approximately $770,000. Geode Capital Management LLC owned approximately 0.42% of RTW Retailwinds at the end of the most recent quarter. 41.68% of the stock is owned by institutional investors.
Several equities research analysts have commented on RTW shares. ValuEngine raised RTW Retailwinds from a “sell” rating to a “hold” rating in a report on Wednesday, January 2nd. Zacks Investment Research raised RTW Retailwinds from a “hold” rating to a “buy” rating and set a $3.50 target price on the stock in a report on Saturday, February 2nd.
WARNING: This story was published by American Banking News and is owned by of American Banking News. If you are reading this story on another publication, it was stolen and republished in violation of US and international copyright & trademark legislation. The correct version of this story can be read at https://www.americanbankingnews.com/2019/03/15/rtw-retailwinds-rtw-to-release-quarterly-earnings-on-thursday.html.
About RTW Retailwinds
RTW Retailwinds, Inc operates as an omni-channel women's fashion retailer in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.
See Also: How to invest in a bear market
Receive News & Ratings for RTW Retailwinds Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RTW Retailwinds and related companies with MarketBeat.com's FREE daily email newsletter.