Vince Holding (NYSE:VNCE) is preparing to release its quarterly earnings on Tuesday, 2024-12-10. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Vince Holding to report an earnings per share (EPS) of $0.35.
The announcement from Vince Holding is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Overview of Past Earnings
Last quarter the company beat EPS by $0.30, which was followed by a 11.62% drop in the share price the next day.
Here's a look at Vince Holding's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.25 | -0.30 | ||
| EPS Actual | 0.05 | -0.26 | -0.37 | 0.15 |
| Price Change % | -12.0% | -13.0% | -15.0% | -3.0% |
Market Performance of Vince Holding's Stock
Shares of Vince Holding were trading at $1.71 as of December 06. Over the last 52-week period, shares are up 57.5%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Insights Shared by Analysts on Vince Holding
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Vince Holding.
Vince Holding has received a total of 6 ratings from analysts, with the consensus rating as Buy. With an average one-year price target of $3.0, the consensus suggests a potential 75.44% upside.
Understanding Analyst Ratings Among Peers
The following analysis focuses on the analyst ratings and average 1-year price targets of Vera Bradley, Superior Gr of Cos and FIGS, three prominent industry players, providing insights into their relative performance expectations and market positioning.
- The prevailing sentiment among analysts is an Buy trajectory for Vera Bradley, with an average 1-year price target of $6.0, implying a potential 250.88% upside.
- As per analysts' assessments, Superior Gr of Cos is favoring an Buy trajectory, with an average 1-year price target of $22.5, suggesting a potential 1215.79% upside.
- As per analysts' assessments, FIGS is favoring an Neutral trajectory, with an average 1-year price target of $6.0, suggesting a potential 250.88% upside.
Peer Analysis Summary
The peer analysis summary presents essential metrics for Vera Bradley, Superior Gr of Cos and FIGS, unveiling their respective standings within the industry and providing valuable insights into their market positions and comparative performance.
| Company | Consensus | Revenue Growth | Gross Profit | Return on Equity |
|---|---|---|---|---|
| Vince Holding | Buy | 6.80% | $35.13M | 1.09% |
| Vera Bradley | Buy | -13.54% | $56.36M | 2.34% |
| Superior Gr of Cos | Buy | 9.96% | $60.55M | 2.70% |
| FIGS | Neutral | -1.51% | $94.03M | -0.42% |
Key Takeaway:
Vince Holding ranks at the bottom for Revenue Growth and Gross Profit among its peers. It is in the middle for Consensus rating and Return on Equity.
All You Need to Know About Vince Holding
Vince Holding Corp is a fashion brand that is engaged in wholesale and retail delivery of luxury essentials like women's and men's apparel, women's and men's footwear, and handbags. Its offers women's collections of luxurious cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and a growing assortment of outerwear. It focuses on developing an elevated collection of Vince apparel and accessories to serve the luxurious need of the customer. The company manages its business in three segments namely Vince Wholesale, Vince Direct-to-consumer, and Rebecca Taylor and Parker segment. It operates its e-commerce business through its website. Majority of its revenue generated from Vince Wholesale segment.
Vince Holding: Financial Performance Dissected
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: Vince Holding's revenue growth over a period of 3 months has been noteworthy. As of 31 July, 2024, the company achieved a revenue growth rate of approximately 6.8%. This indicates a substantial increase in the company's top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.
Net Margin: Vince Holding's financial strength is reflected in its exceptional net margin, which exceeds industry averages. With a remarkable net margin of 0.77%, the company showcases strong profitability and effective cost management.
Return on Equity (ROE): Vince Holding's ROE stands out, surpassing industry averages. With an impressive ROE of 1.09%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Vince Holding's ROA stands out, surpassing industry averages. With an impressive ROA of 0.24%, the company demonstrates effective utilization of assets and strong financial performance.
Debt Management: With a high debt-to-equity ratio of 2.76, Vince Holding faces challenges in effectively managing its debt levels, indicating potential financial strain.
To track all earnings releases for Vince Holding visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
