Express, Inc. (NYSE:EXPR) on November 21, 2017 saw a significant decline, closing the day at $8.10, or a decline of $0.43 or (5.31%).Volume levels waned and EXPR actually managed a declined which translated to 2.35 million shares changing hands on the day. The mean target projections are based on 7 opinions. BMO Capital Markets' target price would suggest a potential downside of 13.58% from the stock's previous close.
A number of equities research analysts recently weighed in on EXPR shares. BidaskClub cut Express from a "sell" rating to a "strong sell" rating in a research report on Tuesday, July 11th. SunTrust Banks, Inc. reissued a "hold" rating and set a $6.00 price target on shares of Express in a research report on Monday, October 2nd. FBR & Co reaffirmed a "hold" rating and set a $7.00 target price on shares of Express in a research note on Friday, September 29th. Short interest, which represents the number of a stock's shares now being shorted, captures what the market as a whole feels about a stock.
Shares of Express (NYSE:EXPR) traded up $0.39 on Thursday, hitting $8.10. The company had a trading volume of 2,740,300 shares, compared to its average volume of 2,307,072. The firm has a market cap of $607.57, a price-to-earnings ratio of 22.68 and a beta of 1.33. Express has a 52-week low of $5.28 and a 52-week high of $14.39.
Express, Inc. (EXPR) have shown a high EPS growth of -14.40% in the last 5 years and has earnings decline of -47.30% yoy. The company reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.01) by $0.02. The business had revenue of $478.50 million for the quarter, compared to analyst estimates of $474.11 million. Also, Express, Inc. (EXPR) needs to overturn a -40.62% decrease it experienced over the past twelve months. Over the course of the past year EXPR has set a 52-week high of $14.39 while the corresponding low set was $5.28. During the same period in the prior year, the company posted $0.13 EPS. research analysts forecast that Express will post 0.45 EPS for the current year.
WARNING: "Zacks: Brokerages Anticipate Express, Inc. (NYSE:EXPR)" was first reported by TrueBlueTribune and is the property of of TrueBlueTribune. If you are reading this report on another domain, it was illegally copied and reposted in violation of worldwide trademark and copyright laws. On the opposite side of that transaction from Dimensional Fund Advisors Lp stood Blackrock Inc. which added 105917 shares to its existing stake, bringing total stake held in EXPR to 10.09 million shares.
The company had seen its current volume reaching at 0.82 million shares in the last trade. Dimensional Fund Advisors LP lifted its stake in Express by 8.2% in the 1st quarter. UBS Asset Management Americas Inc. now owns 48,670 shares of the company's stock valued at $443,000 after purchasing an additional 26,677 shares during the period. Nomura Holdings Inc. purchased a new stake in Express in the 2nd quarter worth about $33,597,000. The Manufacturers Life Insurance Company boosted its position in shares of Express by 6.3% during the 2nd quarter. State Street Corp now owns 2,612,290 shares of the company's stock worth $17,633,000 after acquiring an additional 233,124 shares in the last quarter.
Express, Inc is a specialty apparel and accessories retailer offering both women's and men's merchandise.