Joe’s Jeans Inc. (DFBG) Receives Consensus Recommendation of “Strong Buy” from Analysts
Joe’s Jeans Inc. (NASDAQ:DFBG) has earned a consensus broker rating score of 1.00 (Strong Buy) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy recommendation.
Brokerages have set a 1-year consensus price objective of $6.00 for the company and are forecasting that the company will post ($0.10) earnings per share for the current quarter, according to Zacks. Zacks has also given Joe’s Jeans an industry rank of 112 out of 265 based on the ratings given to related companies.
Separately, Zacks Investment Research upgraded shares of Joe’s Jeans from a “hold” rating to a “buy” rating and set a $5.50 target price for the company in a report on Monday, August 22nd.
Joe’s Jeans (NASDAQ:DFBG) traded down 1.80% during mid-day trading on Tuesday, reaching $4.91. 354 shares of the company’s stock were exchanged. The stock has a market cap of $64.23 million, a price-to-earnings ratio of 18.32 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. The company has a 50-day moving average of $5.71 and a 200-day moving average of $4.53.
Joe’s Jeans (NASDAQ:DFBG) last released its quarterly earnings data on Tuesday, August 16th. The company reported ($0.13) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.25) by $0.12. The business had revenue of $32.37 million for the quarter. Equities research analysts anticipate that Joe’s Jeans will post $0.04 earnings per share for the current year.
About Joe’s Jeans
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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