Zacks: Brokerages Set $2.50 Target Price for RTW Retailwinds Inc (RTW)

RTW Retailwinds Inc (NYSE:RTW) has received an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold recommendation. RTW Retailwinds’ rating score has declined by 200% from three months ago as a result of various analysts’ ratings changes.

Analysts have set a one year consensus price target of $2.50 for the company and are predicting that the company will post ($0.04) earnings per share for the current quarter, according to Zacks. Zacks has also assigned RTW Retailwinds an industry rank of 104 out of 256 based on the ratings given to related companies.

A number of analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of RTW Retailwinds from a “buy” rating to a “hold” rating in a report on Tuesday, February 5th. Roth Capital downgraded shares of RTW Retailwinds from a “buy” rating to a “neutral” rating and dropped their price target for the company from $6.50 to $2.50 in a report on Monday, March 25th. Finally, ValuEngine raised shares of RTW Retailwinds from a “sell” rating to a “hold” rating in a report on Monday, February 4th.

Several institutional investors and hedge funds have recently bought and sold shares of RTW. Bank of Montreal Can bought a new position in shares of RTW Retailwinds during the fourth quarter worth approximately $118,000. Strs Ohio acquired a new stake in RTW Retailwinds in the 4th quarter valued at about $560,000. Grace & White Inc. NY acquired a new stake in RTW Retailwinds in the 4th quarter valued at about $2,034,000. Rhumbline Advisers acquired a new stake in RTW Retailwinds in the 4th quarter valued at about $113,000. Finally, Penbrook Management LLC acquired a new stake in RTW Retailwinds in the 4th quarter valued at about $1,053,000. 89.70% of the stock is currently owned by institutional investors.

Shares of RTW Retailwinds stock traded down $0.10 during trading hours on Tuesday, reaching $2.22. 530 shares of the company’s stock were exchanged, compared to its average volume of 101,080. RTW Retailwinds has a fifty-two week low of $2.22 and a fifty-two week high of $5.55. The company has a market cap of $150.40 million, a price-to-earnings ratio of 14.73 and a beta of 1.27.

RTW Retailwinds Company Profile

RTW Retailwinds, Inc operates as an omni-channel women's fashion retailer in the United States. It offers a merchandise assortment, including wear-to-work, casual apparel and accessories comprising pants, dresses, jackets, knit tops, blouses, sweaters, denims, T-shirts, active wear, handbags, jewelry, and shoes under the New York & Company, NY&C, NY Style, Soho New York & Company Jeans, Lerner, Lerner New York, and Fashion to Figure brand names for women between the ages of 25 and 49.

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