Express (NYSE:EXPR) is set to announce its earnings results before the market opens on Wednesday, March 13th. Analysts expect the company to announce earnings of $0.16 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.
Shares of EXPR stock opened at $5.08 on Wednesday. Express has a fifty-two week low of $4.83 and a fifty-two week high of $11.69. The stock has a market cap of $357.04 million, a P/E ratio of 14.11 and a beta of 1.14.
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In related news, major shareholder Contrarius Investment Manageme sold 240,425 shares of the stock in a transaction on Thursday, December 20th. The stock was sold at an average price of $5.36, for a total value of $1,288,678.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.20% of the company’s stock.
Several research analysts recently weighed in on EXPR shares. ValuEngine cut Express from a “buy” rating to a “hold” rating in a research note on Friday, November 16th. B. Riley set a $7.00 target price on Express and gave the company a “hold” rating in a research note on Friday, November 30th. Zacks Investment Research cut Express from a “buy” rating to a “hold” rating in a research note on Tuesday, December 4th. MKM Partners set a $6.00 target price on Express and gave the company a “hold” rating in a research note on Thursday, December 6th. Finally, Wedbush decreased their target price on Express from $10.00 to $6.00 and set a “neutral” rating for the company in a research note on Tuesday, January 8th. Two research analysts have rated the stock with a sell rating and four have given a hold rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of $7.00.
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Express Company Profile
Express, Inc operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America.
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