Vince (NYSE:VNCE) Releases Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Vince (NYSE:VNCE) released its quarterly earnings results on Tuesday. The textile maker reported ($0.26) earnings per share for the quarter, topping the consensus estimate of ($0.30) by $0.04, Yahoo Finance reports. Vince had a net margin of 10.49% and a negative return on equity of 13.27%. The firm had revenue of $59.17 million during the quarter.

Vince Trading Up 1.7 %

Vince stock traded up $0.02 during trading on Thursday, hitting $1.38. The company had a trading volume of 6,730 shares, compared to its average volume of 16,967. Vince has a 1-year low of $1.00 and a 1-year high of $4.73. The company has a current ratio of 1.38, a quick ratio of 0.42 and a debt-to-equity ratio of 0.93. The company’s 50 day simple moving average is $1.97 and its 200-day simple moving average is $2.60. The stock has a market cap of $17.30 million, a price-to-earnings ratio of 0.56 and a beta of 1.84.

Wall Street Analysts Forecast Growth

Separately, Small Cap Consu raised shares of Vince to a “strong-buy” rating in a research note on Thursday, May 23rd.

About Vince

Vince Holding Corp. provides luxury apparel and accessories in the United States and internationally. It operates through Vince Wholesale, Vince Direct-to-Consumer segments. The company offers a range of men's and women's products, such as cashmere sweaters, silk blouses, leather and suede products, and jackets, dresses, skirts, pants, t-shirts, footwear, outerwear, and accessories, as well as woven shirts, core and fashion pants, and blazers under the Vince brand.