Vince (NASDAQ:VNCE) Stock Price Down 1.7% - Should You Sell?

Key Points

• Vince shares fell 1.7% to $6.19 in mid-day trading, with volume slightly below its daily average. The stock’s 200-day moving average is $4.38, while its 50-day average is $6.40.
• Analyst sentiment is mostly neutral: Vince has an average “Hold” rating from three analysts and an average price target of $4.50, below its recent trading price.
• Vince missed quarterly EPS expectations, reporting a loss of $0.16 per share versus the expected loss of $0.13, although revenue of $64.03 million exceeded estimates. Institutional investors own 16.11% of the company.

Vince Holding Corp. (NASDAQ:VNCE - Get Free Report) fell 1.7% during mid-day trading on Monday . The stock traded as low as $6.00 and last traded at $6.19. 66,769 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 71,121 shares. The stock had previously closed at $6.30.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on VNCE. Noble Financial restated an "outperform" rating on shares of Vince in a report on Wednesday, June 17th. Zacks Research lowered Vince from a "strong-buy" rating to a "hold" rating in a report on Monday, June 15th. Weiss Ratings upgraded Vince from a "sell (d+)" rating to a "hold (c)" rating in a research note on Tuesday, June 23rd. Finally, Wall Street Zen cut Vince from a "buy" rating to a "hold" rating in a research note on Saturday, June 27th. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, Vince presently has an average rating of "Hold" and an average target price of $4.50.

Vince Price Performance

The company has a quick ratio of 0.47, a current ratio of 1.74 and a debt-to-equity ratio of 0.60. The firm's fifty day moving average price is $6.40 and its two-hundred day moving average price is $4.38. The stock has a market capitalization of $79.54 million, a PE ratio of 8.84 and a beta of 1.34.

Vince (NASDAQ:VNCE - Get Free Report) last posted its earnings results on Tuesday, June 16th. The company reported ($0.16) EPS for the quarter, missing analysts' consensus estimates of ($0.13) by ($0.03). The company had revenue of $64.03 million during the quarter, compared to the consensus estimate of $63.05 million. Vince had a return on equity of 15.85% and a net margin of 2.97%. On average, equities analysts predict that Vince Holding Corp. will post 0.59 earnings per share for the current year.

Institutional Trading of Vince

Hedge funds have recently bought and sold shares of the company. XTX Topco Ltd bought a new position in Vince in the fourth quarter valued at about $44,000. Algert Global LLC bought a new stake in shares of Vince during the 3rd quarter valued at about $57,000. Dimensional Fund Advisors LP purchased a new stake in shares of Vince during the 4th quarter valued at about $135,000. Goldman Sachs Group Inc. purchased a new stake in shares of Vince during the 4th quarter valued at about $151,000. Finally, Marshall Wace LLP bought a new position in shares of Vince in the 4th quarter worth approximately $212,000. Hedge funds and other institutional investors own 16.11% of the company's stock.

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.

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