a.k.a. Brands (NYSE:AKA – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported ($0.70) earnings per share for the quarter, missing the consensus estimate of ($0.66) by ($0.04), FiscalAI reports. a.k.a. Brands had a negative return on equity of 20.93% and a negative net margin of 4.43%. The firm had revenue of $161.34 million for the quarter, compared to analyst estimates of $161.51 million.
a.k.a. Brands Trading Up 4.5%
AKA stock traded up $0.45 during mid-day trading on Wednesday, reaching $10.49. The company’s stock had a trading volume of 2,744 shares, compared to its average volume of 3,760. a.k.a. Brands has a 12 month low of $8.42 and a 12 month high of $14.39. The company has a current ratio of 1.11, a quick ratio of 0.40 and a debt-to-equity ratio of 0.98. The business’s 50 day moving average price is $10.71 and its 200 day moving average price is $10.55. The company has a market cap of $115.29 million, a price-to-earnings ratio of -4.23 and a beta of 1.33.
Analyst Ratings Changes
Separately, Weiss Ratings restated a “sell (d-)” rating on shares of a.k.a. Brands in a report on Thursday, October 15th. One equities research analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $19.00.
View Our Latest Analysis on a.k.a. Brands
About a.k.a. Brands
a.k.a. Brands Holding Corp. is a global fashion platform that owns and operates a portfolio of digitally native apparel and lifestyle brands. The company focuses on reaching younger consumers through e-commerce, social media, influencer marketing and brand-focused online shopping experiences.
Its brand portfolio has included Princess Polly, an online women’s fashion retailer; Petal & Pup, which offers women’s apparel and occasion wear; and other specialty fashion businesses such as mnml, Culture Kings and Rebdolls.
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