a.k.a. Brands (NYSE:AKA) Earns Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group restated their market perform rating on shares of a.k.a. Brands (NYSE:AKA) in a report published on Thursday, Benzinga reports. They currently have a $22.00 price target on the stock.

a.k.a. Brands Stock Performance

NYSE AKA opened at $16.65 on Thursday. The company has a market capitalization of $174.58 million, a price-to-earnings ratio of -1.81 and a beta of 1.36. a.k.a. Brands has a twelve month low of $3.81 and a twelve month high of $33.73. The stock has a fifty day simple moving average of $15.64 and a 200 day simple moving average of $13.78. The company has a quick ratio of 0.51, a current ratio of 1.62 and a debt-to-equity ratio of 0.73.

a.k.a. Brands (NYSE:AKA) last released its earnings results on Wednesday, May 8th. The company reported ($0.85) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.57) by ($0.28). The firm had revenue of $116.84 million for the quarter, compared to analyst estimates of $109.39 million. a.k.a. Brands had a negative net margin of 18.11% and a negative return on equity of 17.80%. Sell-side analysts expect that a.k.a. Brands will post -1.21 EPS for the current year.

About a.k.a. Brands

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.