Jefferies Group Research Analysts Lower Earnings Estimates for Xtep International (XTEPY)
Xtep International (OTCMKTS:XTEPY) – Jefferies Group reduced their FY2017 earnings estimates for shares of Xtep International in a research report issued to clients and investors on Monday. Jefferies Group analyst J. Ye now forecasts that the company will earn $2.57 per share for the year, down from their prior estimate of $3.66. Jefferies Group also issued estimates for Xtep International’s FY2018 earnings at $2.87 EPS and FY2019 earnings at $2.72 EPS.
Separately, Zacks Investment Research downgraded Xtep International from a “hold” rating to a “strong sell” rating in a research note on Thursday.
Xtep International (OTCMKTS:XTEPY) opened at $36.16 on Wednesday. Xtep International has a 12 month low of $33.69 and a 12 month high of $38.84. The company has a debt-to-equity ratio of 0.15, a current ratio of 3.31 and a quick ratio of 3.09.
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