a.k.a. Brands (NYSE:AKA - Get Free Report)'s stock had its "sell (d-)" rating reiterated by equities research analysts at Weiss Ratings in a research report issued on Saturday,Weiss Ratings reports.
Other equities research analysts also recently issued reports about the stock. Jefferies Financial Group set a $17.00 price target on shares of a.k.a. Brands in a research report on Friday, March 7th. Telsey Advisory Group dropped their price target on shares of a.k.a. Brands from $18.00 to $9.00 and set a "market perform" rating for the company in a research report on Tuesday, May 6th.
Get Our Latest Stock Report on AKA
a.k.a. Brands Stock Performance
Shares of NYSE:AKA traded up $0.10 during trading on Friday, reaching $13.98. 35,516 shares of the stock were exchanged, compared to its average volume of 10,996. a.k.a. Brands has a 12 month low of $7.00 and a 12 month high of $32.25. The firm has a market cap of $149.49 million, a PE ratio of -4.84 and a beta of 1.42. The stock has a 50-day moving average price of $10.81 and a 200-day moving average price of $16.17. The company has a current ratio of 1.58, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77.
a.k.a. Brands (NYSE:AKA - Get Free Report) last released its quarterly earnings results on Tuesday, May 13th. The company reported ($0.78) earnings per share for the quarter, beating analysts' consensus estimates of ($0.95) by $0.17. a.k.a. Brands had a negative net margin of 5.41% and a negative return on equity of 20.82%. Research analysts expect that a.k.a. Brands will post -1.57 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of the stock. Geode Capital Management LLC increased its holdings 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 buying an additional 792 shares in the last quarter. Rhumbline Advisers increased its holdings in shares of a.k.a. Brands by 487.3% during the fourth quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock worth $73,000 after buying an additional 3,236 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of a.k.a. Brands by 103.2% during the fourth quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company's stock worth $43,000 after buying an additional 1,173 shares in the last quarter. 55.35% of the stock is currently owned by institutional investors and hedge funds.
About a.k.a. Brands
(
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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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