Gordmans Stores Inc. Hits New 52-Week Low at $10.43 (GMAN)
Shares of Gordmans Stores (NASDAQ:GMAN) hit a new 52-week low on Tuesday, AnalystRatingsNetwork.com reports. The company traded as low as $10.43 and last traded at $11.19, with a volume of 436,182 shares trading hands. The stock had previously closed at $14.02.
Separately, analysts at Zacks upgraded shares of Gordmans Stores (NASDAQ:GMAN) from an “underperform” rating to a “neutral” rating in a research note to investors on Tuesday, July 23rd. They now have a $15.00 price target on the stock.
Three research analysts have rated the stock with a hold rating and one has assigned a buy rating to the stock. Gordmans Stores presently has a consensus rating of “Hold” and a consensus price target of $16.00.
Gordmans Stores has a 52 week low of $11.12 and a 52 week high of $18.63. The stock’s 50-day moving average is $13.95 and its 200-day moving average is $13.16. The company has a market cap of $216.2 million and a P/E ratio of 16.89.
Gordmans Stores (NASDAQ:GMAN) last released its earnings data on Wednesday, August 28th. The company reported $0.05 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.03 by $0.02. The company had revenue of $136.80 million for the quarter, compared to the consensus estimate of $136.64 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 6.7% on a year-over-year basis. On average, analysts predict that Gordmans Stores will post $0.72 earnings per share for the current fiscal year.
Gordmans Stores, Inc Operates as an apparel and home fashions retailer. The Company offers apparels, including young mens, mens, juniors, womens, plus sizes, maternity, and childrens clothing comprising offerings for infants, toddlers, boys, and girls; and accessories consisting of designer fragrances, intimate apparel, handbags, sunglasses, fashion jewelry, legwear, and sleepwear.
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