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Shares of Gordmans Stores (NASDAQ:GMAN) hit a new 52-week low during trading on Wednesday , Analyst Ratings.Net reports. The company traded as low as $4.09 and last traded at $4.16, with a volume of 82,161 shares changing hands. The stock had previously closed at $4.31.

A number of research firms have recently commented on GMAN. Analysts at Robert W. Baird cut their price target on shares of Gordmans Stores from $8.00 to $5.00 in a research note on Tuesday, May 13th. Separately, analysts at Sidoti initiated coverage on shares of Gordmans Stores in a research note on Monday, May 5th. They set a “neutral” rating on the stock. Finally, analysts at Canaccord Genuity initiated coverage on shares of Gordmans Stores in a research note on Friday, April 25th. They set a “buy” rating and a $10.00 price target on the stock. Three investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $11.75.

The stock’s 50-day moving average is $4.53 and its 200-day moving average is $6.23. The company has a market cap of $80.9 million and a P/E ratio of 21.66.

Gordmans Stores (NASDAQ:GMAN) last posted its quarterly earnings results on Wednesday, May 28th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.06. The company had revenue of $143.00 million for the quarter, compared to the consensus estimate of $141.74 million. During the same quarter in the previous year, the company posted $0.17 earnings per share. The company’s revenue for the quarter was up 8.8% on a year-over-year basis. Analysts expect that Gordmans Stores will post $0.01 EPS for the current fiscal year.

Gordmans Stores, Inc is an everyday low price retailer featuring a large selection of the latest brands, fashions and styles at up to 60% off department and specialty store prices every day.

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