a.k.a. Brands (NYSE:AKA - Get Free Report) had its target price raised by stock analysts at Telsey Advisory Group from $10.00 to $13.00 in a research note issued to investors on Thursday, Marketbeat Ratings reports. The firm currently has a "market perform" rating on the stock. Telsey Advisory Group's price target suggests a potential upside of 14.44% from the company's previous close.
Separately, Weiss Ratings restated a "sell (d-)" rating on shares of a.k.a. Brands in a research report on Tuesday, July 29th.
View Our Latest Stock Report on a.k.a. Brands
a.k.a. Brands Stock Down 6.3%
Shares of a.k.a. Brands stock traded down $0.76 during trading on Thursday, reaching $11.36. 14,664 shares of the company traded hands, compared to its average volume of 11,211. The company has a debt-to-equity ratio of 0.88, a current ratio of 1.32 and a quick ratio of 0.54. a.k.a. Brands has a 1-year low of $7.00 and a 1-year high of $32.25. The company has a 50 day moving average price of $11.60 and a 200-day moving average price of $12.45. The firm has a market capitalization of $121.72 million, a PE ratio of -4.53 and a beta of 1.64.
a.k.a. Brands (NYSE:AKA - Get Free Report) last released 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. a.k.a. Brands had a negative net margin of 4.48% and a negative return on equity of 21.06%. The company had revenue of $160.52 million for the quarter, compared to the consensus estimate of $155.82 million. As a group, equities research 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
A hedge fund recently raised its stake in a.k.a. Brands stock. JPMorgan Chase & Co. lifted its position in a.k.a. Brands Holding Corp. (NYSE:AKA - Free Report) by 103.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,310 shares of the company's stock after buying an additional 1,173 shares during the quarter. JPMorgan Chase & Co.'s holdings in a.k.a. Brands were worth $43,000 at the end of the most recent quarter. Institutional investors and hedge funds own 55.35% of the company's stock.
About a.k.a. Brands
(
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.
See Also
Before you consider a.k.a. Brands, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and a.k.a. Brands wasn't on the list.
While a.k.a. Brands currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
We are about to experience the greatest A.I. boom in stock market history...
Thanks to a pivotal economic catalyst, specific tech stocks will skyrocket just like they did during the "dot com" boom in the 1990s.
That’s why, we’ve hand-selected 7 tiny tech disruptor stocks positioned to surge.
- The first pick is a tiny under-the-radar A.I. stock that's trading for just $3.00. This company already has 98 registered patents for cutting-edge voice and sound recognition technology... And has lined up major partnerships with some of the biggest names in the auto, tech, and music industry... plus many more.
- The second pick presents an affordable avenue to bolster EVs and AI development…. Analysts are calling this stock a “buy” right now and predict a high price target of $19.20, substantially more than its current $6 trading price.
- Our final and favorite pick is generating a brand-new kind of AI. It's believed this tech will be bigger than the current well-known leader in this industry… Analysts predict this innovative tech is gearing up to create a tidal wave of new wealth, fueling a $15.7 TRILLION market boom.
Right now, we’re staring down the barrel of a true once-in-a-lifetime moment. As an investment opportunity, this kind of breakthrough doesn't come along every day.
And the window to get in on the ground-floor — maximizing profit potential from this expected market surge — is closing quickly...
Simply enter your email below to get the names and tickers of the 7 small stocks with potential to make investors very, very happy.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
MarketBeat All Access