a.k.a. Brands Holding Corp (AKA) saw an uptrend of 13.40% in the recent trading with $10.43 being its most recent. The current price level -62.02% lower than the highest price of $27.47 marked by the stock while trading over the past 52-weeks, whereas it is 49.03% higher than the lowest price of $7.00 the company dropped to over past 52-weeks. The latest news story on AKA appeared in (Zacks) under the title “Wall Street Analysts Predict a 101.97% Upside in a.k.a. Brands (AKA): Here’s What You Should Know” on.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 3 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.20 for the stock.
a.k.a. Brands Holding Corp Earnings – What Happened With AKA
Coming around sales and income figures on AKA Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. a.k.a. Brands Holding Corp (AKA) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -909.00% for net revenue.
AKA – a.k.a. Brands Holding Corp Stock Earnings Estimates
The perspective of a.k.a. Brands Holding Corp (NYSE:AKA)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.04 for stock’s EPS in the current quarter. a.k.a. Brands Holding Corp (AKA) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of -909.00% for net revenue. Company’s EPS for the last quarter was -0.37.
a.k.a. Brands Holding Corp – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 10.75 million. AKA does have institutional investors; and they hold 0.36% of the stock.
As on 2024-06-30, SUMMIT PARTNERS L P was the top most holder in a.k.a. Brands Holding Corp (NYSE:AKA) with an ownership of 6.05 million shares of the company or 57.6484 of the stake worth $92.32 million. The filing also reveals RENAISSANCE TECHNOLOGIES LLC as the second largest holder in the company with a control over 0.2892 of the outstanding shares. Its stake is worth $0.46 million for having 30369.0 shares in hand.
GEODE CAPITAL MANAGEMENT, LLC also came holding a key position in the company during the recent quarter and it now holds 0.1628 of the outstanding shares. With this there are now 32.0 institutions which have possession in AKA’s shares.
Key Metrics for AKA
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, a.k.a. Brands Holding Corp has a debt to equity ratio of 1.71.
