Zacks Investment Research downgraded Vince Holding Corp (NYSE:VNCE) to Sell in a report released today.
- Updated: October 12, 2016
Zacks Investment Research has downgraded Vince Holding Corp (NYSE:VNCE) to Sell in a report released on Wednesday October 12, 2016.
Previously on 08/22/2016, Piper Jaffray Cos. reported about Vince Holding Corp (NYSE:VNCE) raised the target price from $6.00 to $8.00. At the time, this indicated a possible upside of 0.32%.
Yesterday Vince Holding Corp (NYSE:VNCE) traded 0.93% higher at $5.43. The company’s 50-day moving average is $6.16 and its 200-day moving average is $5.76. The last stock close price is down -5.87% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 38,823 shares of the stock were exchanged, down from an average trading volume of 369,918
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Vince Holding Corp has a 52 week low of $3.49 and a 52 week high of $8.11 with a P/E ratio of 57.66 The company’s market cap is currently $0.
In addition to Zacks Investment Research reporting its target price, a total of 5 firms have reported on the stock. The consensus target price is $7.10 with 0 firms rating the stock a strong buy, 1 firm rating the stock a buy, 8 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About Vince Holding Corp (NYSE:VNCE)
Vince Holding Corp. (Vince) is a contemporary fashion brand known for modern style and everyday luxury essentials. The Company offers a range of women's and men's apparel, women's and men's footwear, and handbags. It operates in two segments: wholesale and direct-to-consumer. Its wholesale segment consists of sales to department stores and specialty stores in the United States and in select international markets. Its direct-to-consumer segment includes its retail and outlet stores, and its e-commerce business. It operates approximately 50 stores, which consisted of over 30 Company-operated full-price retail stores and over 10 Company-operated outlet locations. The direct-to-consumer segment also includes its e-commerce Website, www.vince.com. It offers women's line under the Vince brand, which includes seasonal collections of cashmere sweaters and silk blouses, leather and suede leggings and jackets, dresses, denim, pants, tanks and t-shirts, and an assortment of outerwear.
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