a.k.a. Brands' (AKA) "Sell (D-)" Rating Reiterated at Weiss Ratings

Key Points

• a.k.a. Brands has been given a "sell (D-)" rating by Weiss Ratings, indicating a negative outlook on the stock.
• Telsey Advisory Group increased the target price for a.k.a. Brands from $10.00 to $13.00 while rating it as "market perform."
• The company's recent earnings report showed a loss of $0.34 EPS, which was better than analysts' expectations, with revenue surpassing estimates at $160.52 million.

a.k.a. Brands (NYSE:AKA - Get Free Report)'s stock had its "sell (d-)" rating reiterated by investment analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

Separately, Telsey Advisory Group upped their target price on shares of a.k.a. Brands from $10.00 to $13.00 and gave the stock a "market perform" rating in a research note on Thursday, August 7th. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, a.k.a. Brands currently has a consensus rating of "Moderate Buy" and an average price target of $20.00.

a.k.a. Brands Stock Performance

Shares of a.k.a. Brands stock opened at $10.68 on Friday. The company has a quick ratio of 0.54, a current ratio of 1.32 and a debt-to-equity ratio of 0.88. The stock's fifty day moving average is $11.08 and its two-hundred day moving average is $11.43. a.k.a. Brands has a 52 week low of $7.00 and a 52 week high of $29.20. The company has a market capitalization of $115.72 million, a PE ratio of -4.25 and a beta of 1.64.

a.k.a. Brands (NYSE:AKA - Get Free Report) last issued its earnings results on Wednesday, August 6th. The company reported ($0.34) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.46) by $0.12. The firm had revenue of $160.52 million during the quarter, compared to analyst estimates of $155.82 million. a.k.a. Brands had a negative net margin of 4.48% and a negative return on equity of 21.06%. As a group, analysts expect that a.k.a. Brands will post -1.57 earnings per share for the current year.

Hedge Funds Weigh In On a.k.a. Brands

A hedge fund recently bought a new stake in a.k.a. Brands stock. Bridgeway Capital Management LLC acquired a new position in a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 11,475 shares of the company's stock, valued at approximately $118,000. Bridgeway Capital Management LLC owned approximately 0.11% of a.k.a. Brands at the end of the most recent reporting period. 55.35% of the stock is currently owned by hedge funds and other institutional investors.

a.k.a. Brands Company Profile

a.k.a. Brands Holding Corp. operates a portfolio of online fashion brands in the United States, Australia, and internationally. The company offers streetwear apparel, dresses, tops, bottoms, shoes, headwear, and accessories through its online stores under the Princess Polly, Petal & Pup, Culture Kings, and mnml brands.

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