RTW Retailwinds (NYSE:RTW) Upgraded at ValuEngine

ValuEngine upgraded shares of RTW Retailwinds (NYSE:RTW) from a sell rating to a hold rating in a research note issued to investors on Thursday morning, ValuEngine reports.

RTW has been the topic of several other research reports. Zacks Investment Research upgraded RTW Retailwinds from a sell rating to a hold rating in a research report on Wednesday, July 31st. TheStreet cut RTW Retailwinds from a c rating to a d+ rating in a research report on Thursday, May 30th.

Shares of RTW traded down $0.02 during midday trading on Thursday, reaching $1.97. 846 shares of the stock were exchanged, compared to its average volume of 90,916. The firm has a 50-day simple moving average of $1.88. The company has a debt-to-equity ratio of 2.90, a current ratio of 1.09 and a quick ratio of 0.58. RTW Retailwinds has a twelve month low of $1.56 and a twelve month high of $5.50. The stock has a market cap of $129.14 million, a P/E ratio of 13.40 and a beta of 1.22.

RTW Retailwinds (NYSE:RTW) last issued its quarterly earnings results on Wednesday, May 29th. The company reported ($0.04) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.04). The firm had revenue of $200.96 million for the quarter, compared to analysts’ expectations of $202.32 million. RTW Retailwinds had a positive return on equity of 4.05% and a negative net margin of 0.13%. As a group, equities research analysts expect that RTW Retailwinds will post 0.05 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in RTW. BlackRock Inc. purchased a new stake in shares of RTW Retailwinds during the 4th quarter worth approximately $5,966,000. Janney Montgomery Scott LLC purchased a new stake in shares of RTW Retailwinds during the 1st quarter worth approximately $31,000. Two Sigma Advisers LP purchased a new stake in shares of RTW Retailwinds during the 4th quarter worth approximately $236,000. Grace & White Inc. NY boosted its stake in shares of RTW Retailwinds by 5.7% during the 1st quarter. Grace & White Inc. NY now owns 759,330 shares of the company’s stock worth $1,822,000 after acquiring an additional 40,616 shares in the last quarter. Finally, Two Sigma Investments LP purchased a new stake in shares of RTW Retailwinds during the 4th quarter worth approximately $327,000. Institutional investors own 89.89% of the company’s stock.

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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