Vince (NASDAQ:VNCE) Issues Earnings Results, Beats Expectations By $0.10 EPS

Vince (NASDAQ:VNCE) released its quarterly earnings data on Tuesday. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.10, Zacks reports. Vince had a negative net margin of 5.75% and a positive return on equity of 11.37%.

Vince Price Performance

NASDAQ VNCE opened at $3.20 on Tuesday. Vince has a one year low of $1.02 and a one year high of $6.89. The company has a current ratio of 1.61, a quick ratio of 0.51 and a debt-to-equity ratio of 0.63. The stock has a market cap of $42.68 million, a price-to-earnings ratio of -2.39 and a beta of 0.72.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on VNCE shares. Weiss Ratings initiated coverage on shares of Vince in a research report on Thursday, October 30th. They set a “sell (d)” rating on the stock. Wall Street Zen raised Vince from a “hold” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Sell rating, According to MarketBeat.com, Vince has a consensus rating of “Sell”.

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.