Gordmans Stores Inc. Reaches New 12-Month Low at $10.43 (GMAN)
Gordmans Stores (NASDAQ:GMAN)’s share price reached a new 52-week low during trading hours on Tuesday, Analyst Ratings.Net reports. The company traded as low as $10.43 and last traded at $11.19, with a volume of 436,182 shares traded. 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 company. The company currently has a consensus rating of “Hold” and an average target price of $16.00.
Gordmans Stores has a 52-week low of $11.12 and a 52-week high of $18.63. The stock has a 50-day moving average of $13.95 and a 200-day moving average of $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 posted its quarterly earnings results 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. Analysts expect that Gordmans Stores will post $0.72 EPS 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.