In yesterday’s Wall Street session, Express Inc. (NYSE:EXPR) shares traded at $0.82, up 6.14% from the previous session.
As of this writing, 1 analysts cover Express Inc. (NYSE:EXPR). The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $2.00 and a low of $2.00, we find $2.00. Given the previous closing price of $0.77, this indicates a potential upside of 159.74 percent. EXPR stock price is now 23.24% away from the 50-day moving average and -13.01% away from the 200-day moving average. The market capitalization of the company currently stands at $59.96M.
There are 0 analysts who have given it a hold rating, whereas 1 have given it a buy rating. Brokers who have rated the stock have averaged $2.00 as their price target over the next twelve months.
With the price target of $9, Wedbush recently initiated with Neutral rating for Express Inc. (NYSE: EXPR).
In other news, SHMIDMAN YEHUDA, Director bought 5,434,783 shares of the company’s stock on Jan 25. The stock was bought for $25,000,002 at an average price of $4.60. Upon completion of the transaction, the Director now directly owns 5,434,783 shares in the company, valued at $4.46 million. Insiders disposed of 190,175 shares of company stock worth roughly $0.16 million over the past 1 year. A total of 0.70% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in EXPR stock. A new stake in Express Inc. shares was purchased by TWO SIGMA SECURITIES, LLC during the first quarter worth $14,000. EMPIRICAL FINANCIAL SERVICES, LLC D.B.A. EMPIRICAL WEALTH MA invested $12,000 in shares of EXPR during the first quarter. In the first quarter, COMMONWEALTH EQUITY SERVICES, LLC acquired a new stake in Express Inc. valued at approximately $10,000. TWO SIGMA INVESTMENTS, LP acquired a new stake in EXPR for approximately $9,000. In total, there are 98 active investors with 49.30% ownership of the company’s stock.
Tuesday morning saw Express Inc. (NYSE: EXPR) opened at $0.8200. During the past 12 months, Express Inc. has had a low of $0.55 and a high of $2.70. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 0.90, and a quick ratio of 0.30. The fifty day moving average price for EXPR is $0.6654 and a two-hundred day moving average price translates $0.9418 for the stock.
The latest earnings results from Express Inc. (NYSE: EXPR) was released for Apr, 2023. According to the Apparel Retail Company, earnings per share came in at -$1.05, missing analysts’ expectations of -$0.78 by -0.27. This compares to -$0.18 EPS in the same period last year. The net profit margin was 12.90% and return on equity was 182.10% for EXPR. The company reported revenue of $383.26 million for the quarter, compared to $450.79 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -14.98 percent. For the current quarter, analysts expect EXPR to generate $440.65M in revenue.
Moreover, the firm recently paid out its quarterly dividend on 12/23/2010. Investors who held shares on 12/16/2010 were paid a $0.56 dividend.
Express Inc.(EXPR) Company Profile
Express, Inc. operates as a fashion retail company that offers apparel and accessories in the United States and Puerto Rico. The company sells its products under the UpWest and Express brands for men and women through its retail and factory outlet stores; express.com, an online store; and Express mobile app, as well as franchisees Express locations in Latin America. The company was formerly known as Express Parent LLC and changed its name to Express, Inc. in May 2010. Express, Inc. was founded in 1980 and is headquartered in Columbus, Ohio.
