Vince Holding (NYSE:VNCE) is set to give its latest quarterly earnings report on Tuesday, 2024-12-10. Here's what investors need to know before the announcement.
Analysts estimate that Vince Holding will report an earnings per share (EPS) of $0.35.
Investors in Vince Holding are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
Historical Earnings Performance
During the last quarter, the company reported an EPS beat by $0.30, leading to a 11.62% drop in the share price on the subsequent 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 50.83%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
Analysts' Take on Vince Holding
For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Vince Holding.
A total of 6 analyst ratings have been received for Vince Holding, with the consensus rating being Buy. The average one-year price target stands at $3.0, suggesting a potential 75.44% upside.
Peer Ratings Comparison
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.
Analysts currently favor an Buy trajectory for Vera Bradley, with an average 1-year price target of $6.0, suggesting a potential 250.88% upside. For Superior Gr of Cos, analysts project an Buy trajectory, with an average 1-year price target of $22.5, indicating a potential 1215.79% upside. FIGS received a Neutral consensus from analysts, with an average 1-year price target of $6.0, implying a potential 250.88% upside. Analysis Summary for Peers
The peer analysis summary outlines pivotal metrics for Vera Bradley, Superior Gr of Cos and FIGS, demonstrating their respective standings within the industry and offering 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 among its peers. It is also at the bottom for Gross Profit. However, it is in the middle for Return on Equity.
Get to Know Vince Holding Better
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: A Financial Overview
Market Capitalization Analysis: The company exhibits a lower market capitalization profile, positioning itself below industry averages. This suggests a smaller scale relative to peers.
Revenue Growth: Vince Holding displayed positive results in 3 months. As of 31 July, 2024, the company achieved a solid revenue growth rate of approximately 6.8%. This indicates a notable 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 net margin is impressive, surpassing industry averages. With a net margin of 0.77%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Vince Holding's ROE excels beyond industry benchmarks, reaching 1.09%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Vince Holding's ROA excels beyond industry benchmarks, reaching 0.24%. This signifies efficient management of assets and strong financial health.
Debt Management: The company faces challenges in debt management with a debt-to-equity ratio higher than the industry average. With a ratio of 2.76, caution is advised due to increased financial risk.
To track all earnings releases for Vince Holding visit their earnings calendar on our site.
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