Express EVP Sells $499,200 in Stock (EXPR)
Express (NASDAQ:EXPR) EVP Colin Campbell unloaded 20,800 shares of Express stock in a transaction that occurred on Monday, September 23rd. The stock was sold at an average price of $24.00, for a total value of $499,200.00. Following the completion of the transaction, the executive vice president now directly owns 177,894 shares in the company, valued at approximately $4,269,456. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on EXPR. Analysts at Nomura initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Monday, September 9th. They set a “buy” rating and a $25.00 price target on the stock. Separately, analysts at FBR & Co. initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Thursday, August 1st. They set an “outperform” rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Thursday, August 1st. They set an “outperform” rating on the stock.
Two research analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Express currently has an average rating of “Buy” and an average target price of $22.71.
Express (NASDAQ:EXPR) traded down 0.76% on Tuesday, hitting $23.64. The stock had a trading volume of 1,027,414 shares. Express has a 1-year low of $10.47 and a 1-year high of $24.02. The stock’s 50-day moving average is $21.6 and its 200-day moving average is $20.28. The company has a market cap of $2.009 billion and a P/E ratio of 15.54.
Express (NASDAQ:EXPR) last posted its quarterly earnings results on Wednesday, August 28th. The company reported $0.20 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.20. The company had revenue of $486.20 million for the quarter, compared to the consensus estimate of $484.99 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. Analysts expect that Express will post $1.60 EPS for the current fiscal year.
Express, Inc (NASDAQ:EXPR) is a specialty apparel and accessory retailer offering both women’s and men’s merchandise.
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