Weiss Ratings reaffirmed their sell (d-) rating on shares of a.k.a. Brands (NYSE:AKA - Free Report) in a report issued on Saturday, May 24th,Weiss Ratings reports.
AKA has been the subject of several other research reports. 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 lifted their price target on a.k.a. Brands from $9.00 to $10.00 and gave the stock a "market perform" rating in a research note on Wednesday, May 14th.
Read Our Latest Research Report on a.k.a. Brands
a.k.a. Brands Price Performance
Shares of NYSE:AKA traded down $0.47 during midday trading on Friday, hitting $12.44. 1,871 shares of the stock were exchanged, compared to its average volume of 10,901. The stock has a market cap of $133.24 million, a P/E ratio of -4.30 and a beta of 1.42. 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 has a twelve month low of $7.00 and a twelve month high of $32.25. The company has a 50 day moving average price of $10.92 and a 200-day moving average price of $15.25.
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 (EPS) for the quarter, topping the consensus estimate of ($0.95) by $0.17. a.k.a. Brands had a negative return on equity of 20.82% and a negative net margin of 5.41%. On average, research analysts forecast that a.k.a. Brands will post -1.57 earnings per share for the current year.
Institutional Trading of a.k.a. Brands
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. increased its position in a.k.a. Brands by 103.2% during the 4th quarter. JPMorgan Chase & Co. now owns 2,310 shares of the company's stock worth $43,000 after purchasing an additional 1,173 shares in the last quarter. Rhumbline Advisers increased its position in a.k.a. Brands by 487.3% during the 4th quarter. Rhumbline Advisers now owns 3,900 shares of the company's stock worth $73,000 after purchasing an additional 3,236 shares in the last quarter. Finally, Geode Capital Management LLC increased its position in a.k.a. Brands by 5.7% during the 4th quarter. Geode Capital Management LLC now owns 14,739 shares of the company's stock worth $276,000 after purchasing an additional 792 shares in the last quarter. Hedge funds and other institutional investors 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.
Featured Articles
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 Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy stocks are roaring. It's the hottest energy sector of the year. Cameco Corp, Paladin Energy, and BWX Technologies were all up more than 40% in 2024. The biggest market moves could still be ahead of us, and there are seven nuclear energy stocks that could rise much higher in the next several months. To unlock these tickers, enter your email address below.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
