a.k.a. Brands (NYSE:AKA) Posts Quarterly Earnings Results

a.k.a. Brands (NYSE:AKA) issued its earnings results on Thursday. The company reported ($0.88) earnings per share for the quarter, missing the consensus estimate of ($0.14) by ($0.74), Zacks reports. a.k.a. Brands had a negative return on equity of 20.82% and a negative net margin of 5.41%. The firm had revenue of $159.02 million during the quarter, compared to analysts’ expectations of $158.98 million. a.k.a. Brands updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

a.k.a. Brands Trading Down 13.1 %

AKA opened at $13.22 on Friday. The firm has a market cap of $140.61 million, a price-to-earnings ratio of -4.57 and a beta of 1.39. The company has a current ratio of 1.58, a quick ratio of 0.51 and a debt-to-equity ratio of 0.77. a.k.a. Brands has a 12 month low of $7.22 and a 12 month high of $33.73. The stock has a fifty day moving average price of $16.91 and a 200-day moving average price of $20.59.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Weiss Ratings reiterated a “sell (d-)” rating on shares of a.k.a. Brands in a report on Friday. Lake Street Capital began coverage on a.k.a. Brands in a research report on Monday, December 16th. They issued a “buy” rating and a $30.00 price target for the company. Finally, Telsey Advisory Group reduced their price target on a.k.a. Brands from $22.00 to $18.00 and set a “market perform” rating for the company in a research report on Friday.

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.