The Express, Inc. (EXPR) Price Target Raised to $10.00

The Express, Inc. (EXPR) Price Target Raised to $10.00

Other equities research analysts also recently issued reports about the stock. FBR & Co reissued a hold rating and issued a $9.00 price target on shares of Express in a report on Wednesday, March 15th. MKM Partners reissued a neutral rating and issued a $10.00 price target (down from $11.00) on shares of Express in a report on Monday, March 13th. Wedbush reissued a neutral rating and issued a $9.00 price target (down from $11.00) on shares of Express in a report on Saturday, March 11th. Finally, Mizuho downgraded shares of Express from a buy rating to a neutral rating and cut their price target for the company from $15.00 to $10.00 in a report on Thursday, March 9th. One investment analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average target price of $11.10.

Express, Inc. (NYSE:EXPR) had its target price hoisted by Deutsche Bank AG from $8.00 to $10.00 in a research note issued to investors on Wednesday. Deutsche Bank AG currently has a hold rating on the stock.

Express (NYSE:EXPR) opened at 6.25 on Wednesday. Express has a 12-month low of $5.96 and a 12-month high of $16.38. The stock has a market capitalization of $490.09 million, a P/E ratio of 8.56 and a beta of 1.57. The firm’s 50-day moving average is $8.22 and its 200 day moving average is $10.13.

Express (NYSE:EXPR) last issued its quarterly earnings results on Thursday, June 1st. The company reported ($0.07) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.05. Express had a net margin of 3.98% and a return on equity of 15.68%. The business had revenue of $467.03 million during the quarter, compared to analyst estimates of $468 million. During the same period in the previous year, the company posted $0.25 earnings per share. Express’s revenue was down 7.1% compared to the same quarter last year. Equities research analysts anticipate that Express will post $0.53 earnings per share for the current year.

A number of hedge funds have recently bought and sold shares of EXPR. Boothbay Fund Management LLC increased its stake in Express by 1.3% in the fourth quarter. Boothbay Fund Management LLC now owns 10,934 shares of the company’s stock valued at $118,000 after buying an additional 136 shares during the last quarter. BlueCrest Capital Management Ltd bought a new stake in Express during the first quarter valued at about $131,000. Karp Capital Management Corp bought a new stake in Express during the first quarter valued at about $132,000. Public Employees Retirement System of Ohio increased its stake in Express by 21.1% in the first quarter. Public Employees Retirement System of Ohio now owns 16,017 shares of the company’s stock valued at $146,000 after buying an additional 2,795 shares during the last quarter. Finally, Highbridge Capital Management LLC bought a new stake in Express during the fourth quarter valued at about $178,000. Hedge funds and other institutional investors own 96.11% of the company’s stock.

Express Company Profile Express, Inc is a specialty apparel and accessories retailer offering both women’s and men’s merchandise. The Company targets women and men between 20 and 30 years old. It offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeanswear and going-out occasions.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “EXPR”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

Receive News & Ratings for Express Inc. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Express Inc. and related companies with MarketBeat.com’s FREE daily email newsletter.

Related posts

Leave a Comment