Vince (NYSE:VNCE) Posts Earnings Results

Vince (NYSE:VNCE) issued its quarterly earnings results on Monday. The textile maker reported $0.05 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.24) by $0.29, Yahoo Finance reports. Vince had a negative return on equity of 13.13% and a net margin of 10.49%. The firm had revenue of $74.17 million for the quarter, compared to analyst estimates of $68.23 million. During the same period in the previous year, the company posted ($0.04) earnings per share.

Vince Stock Performance

NYSE:VNCE opened at $2.07 on Wednesday. The company’s 50-day moving average is $1.66 and its two-hundred day moving average is $2.05. Vince has a 1-year low of $1.00 and a 1-year high of $4.73. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.67 and a quick ratio of 0.58. The firm has a market capitalization of $25.96 million, a price-to-earnings ratio of 0.86 and a beta of 1.78.

Analyst Upgrades and Downgrades

VNCE has been the subject of a number of research reports. Noble Financial assumed coverage on shares of Vince in a report on Monday, June 24th. They set an “outperform” rating and a $3.00 target price for the company. Small Cap Consu raised shares of Vince to a “strong-buy” rating in a research note on Thursday, May 23rd.

Vince Company Profile

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.