Vince (NASDAQ:VNCE) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Vince (NASDAQ:VNCE) from a hold rating to a strong-buy rating in a research note published on Saturday morning,Wall Street Zen reports.

Several other analysts have also recently commented on the stock. Zacks Research cut shares of Vince from a “strong-buy” rating to a “hold” rating in a research note on Monday, June 15th. Noble Financial reiterated an “outperform” rating on shares of Vince in a research report on Friday. Finally, Weiss Ratings upgraded Vince from a “sell (d+)” rating to a “hold (c)” rating in a research report on Tuesday, June 23rd. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold”.

Vince Stock Performance

Shares of NASDAQ:VNCE opened at $7.65 on Friday. The business has a fifty day moving average of $6.36 and a 200-day moving average of $4.90. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.47 and a current ratio of 1.74. Vince has a twelve month low of $1.95 and a twelve month high of $8.20. The firm has a market cap of $98.30 million, a PE ratio of 13.42 and a beta of 1.37.

Vince (NASDAQ:VNCE) last issued its quarterly earnings results on Thursday, September 10th. The company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.75. Vince had a net margin of 2.42% and a return on equity of 32.63%. The business had revenue of $81.79 million for the quarter, compared to the consensus estimate of $81.03 million. On average, equities research analysts predict that Vince will post 0.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Vince stock. AXQ Capital LP purchased a new position in Vince Holding Corp. (NASDAQ:VNCE) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm purchased 11,615 shares of the company’s stock, valued at approximately $83,000. AXQ Capital LP owned about 0.09% of Vince as of its most recent SEC filing. 16.11% of the stock is currently owned by institutional investors.

Vince Company Profile

Vince Holding Corp. designs, merchandises, and sells luxury apparel and accessories in the United States and internationally. It operates through three segments: Vince Wholesale, Vince Direct-to-Consumer, and Rebecca Taylor and Parker. The company offers a range of women’s products, such as cashmere sweaters, silk blouses, leather and suede leggings and jackets, dresses, skirts, denims, pants, t-shirts, footwear, outerwear, and accessories; and men’s products comprising t-shirts, knit and woven tops, sweaters, denims, pants, blazers, footwear, and outerwear under the Vince brand.