Vince (NASDAQ:VNCE) Stock Price Up 0.9% – Should You Buy?

Vince Holding Corp. (NASDAQ:VNCE)’s share price shot up 0.9% during mid-day trading on Friday . The stock traded as high as $4.40 and last traded at $4.26. 121,527 shares were traded during trading, a decline of 66% from the average session volume of 359,351 shares. The stock had previously closed at $4.22.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on VNCE shares. Zacks Research raised shares of Vince from a “hold” rating to a “strong-buy” rating in a report on Friday, April 17th. Weiss Ratings upgraded Vince from a “sell (d)” rating to a “sell (d+)” rating in a research note on Tuesday, April 21st. Finally, Noble Financial restated an “outperform” rating on shares of Vince in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Sell rating to the company. According to MarketBeat, Vince presently has a consensus rating of “Moderate Buy” and an average target price of $4.50.

Vince Price Performance

The stock has a market capitalization of $54.74 million, a PE ratio of 8.69 and a beta of 1.45. The company has a debt-to-equity ratio of 0.39, a current ratio of 1.49 and a quick ratio of 0.51. The business has a fifty day simple moving average of $3.22.

Vince (NASDAQ:VNCE) last released its quarterly earnings data on Wednesday, April 15th. The company reported $0.18 earnings per share for the quarter, beating analysts’ consensus estimates of ($0.01) by $0.19. Vince had a net margin of 2.13% and a return on equity of 11.08%. The company had revenue of $83.71 million during the quarter, compared to analysts’ expectations of $83.38 million. On average, analysts forecast that Vince Holding Corp. will post 0.37 EPS for the current year.

Hedge Funds Weigh In On Vince

A number of large investors have recently bought and sold shares of VNCE. XTX Topco Ltd acquired a new stake in Vince in the fourth quarter valued at approximately $44,000. Algert Global LLC purchased a new stake in shares of Vince in the third quarter valued at approximately $57,000. Dimensional Fund Advisors LP raised its stake in shares of Vince by 46.1% during the 1st quarter. Dimensional Fund Advisors LP now owns 48,399 shares of the company’s stock worth $117,000 after buying an additional 15,266 shares during the period. Jane Street Group LLC purchased a new position in shares of Vince during the 4th quarter valued at approximately $148,000. Finally, Goldman Sachs Group Inc. purchased a new position in shares of Vince during the 4th quarter valued at approximately $151,000. Institutional investors and hedge funds 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.