Express Earns Hold Rating from Stifel Nicolaus (EXPR)
EXPR has been the subject of a number of other recent research reports. Analysts at Zacks upgraded shares of Express from an “underperform” rating to a “neutral” rating in a research note on Tuesday, August 12th. They now have a $14.60 price target on the stock. Separately, analysts at Janney Montgomery Scott upgraded shares of Express from a “neutral” rating to a “buy” rating in a research note on Monday, June 23rd. They now have a $22.33 price target on the stock. Finally, analysts at BMO Capital Markets raised their price target on shares of Express from $16.00 to $20.00 in a research note on Tuesday, June 17th. Six analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $18.69.
Shares of Express (NASDAQ:EXPR) traded up 13.54% on Wednesday, hitting $16.565. 4,374,572 shares of the company’s stock traded hands. Express has a 52 week low of $11.80 and a 52 week high of $25.05. The stock has a 50-day moving average of $15.37 and a 200-day moving average of $15.67. The company has a market cap of $1.392 billion and a price-to-earnings ratio of 13.88.
Express (NASDAQ:EXPR) last released its earnings data on Wednesday, August 27th. The company reported $0.08 earnings per share (EPS) for the quarter. The company had revenue of $481.40 million for the quarter, compared to the consensus estimate of $457.10 million. During the same quarter in the previous year, the company posted $0.20 earnings per share. The company’s revenue for the quarter was down 1.8% on a year-over-year basis. On average, analysts predict that Express will post $0.81 earnings per share 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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