a.k.a. Brands (NYSE:AKA - Get Free Report)'s stock had its "sell (d-)" rating reiterated by Weiss Ratings in a note issued to investors on Saturday,Weiss Ratings reports.
A number of other research firms have also recently weighed in on AKA. Jefferies Financial Group set a $17.00 price target on a.k.a. Brands in a research note on Friday, March 7th. Telsey Advisory Group decreased their target price on a.k.a. Brands from $18.00 to $9.00 and set a "market perform" rating for the company in a research note on Tuesday, May 6th.
Read Our Latest Analysis on AKA
a.k.a. Brands Trading Up 7.7 %
AKA opened at $7.99 on Friday. The business has a fifty day moving average price of $11.05 and a 200 day moving average price of $16.40. The company has a debt-to-equity ratio of 0.77, a current ratio of 1.58 and a quick ratio of 0.51. a.k.a. Brands has a 12 month low of $7.00 and a 12 month high of $33.73. The stock has a market capitalization of $85.44 million, a price-to-earnings ratio of -2.76 and a beta of 1.42.
a.k.a. Brands (NYSE:AKA - Get Free Report) last announced its quarterly earnings data on Thursday, March 6th. The company reported ($0.88) EPS for the quarter, missing analysts' consensus estimates of ($0.14) by ($0.74). The company had revenue of $159.02 million for the quarter, compared to analyst estimates of $158.98 million. a.k.a. Brands had a negative return on equity of 20.82% and a negative net margin of 5.41%. Sell-side analysts expect that a.k.a. Brands will post -1.57 earnings per share for the current fiscal year.
Institutional Investors Weigh In On a.k.a. Brands
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. raised its position in a.k.a. Brands by 103.2% in the 4th quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company's stock valued at $43,000 after purchasing an additional 1,173 shares during the last quarter. Rhumbline Advisers raised its stake in a.k.a. Brands by 487.3% during the 4th quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock valued at $73,000 after acquiring an additional 3,236 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of a.k.a. Brands by 5.7% during the fourth quarter. Geode Capital Management LLC now owns 14,739 shares of the company's stock worth $276,000 after purchasing an additional 792 shares during the last quarter. Hedge funds and other institutional investors own 55.35% of the company's stock.
a.k.a. Brands Company Profile
(
Get Free Report)
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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