Express, Inc. (NYSE:EXPR) has been assigned an average rating of “Hold” from the six research firms that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and four have given a hold rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $7.00.

A number of research analysts recently issued reports on EXPR shares. Zacks Investment Research downgraded shares of Express from a “buy” rating to a “hold” rating in a research note on Tuesday, December 4th. Wedbush decreased their price target on shares of Express from $10.00 to $6.00 and set a “neutral” rating for the company in a research note on Tuesday. ValuEngine downgraded shares of Express from a “sell” rating to a “strong sell” rating in a research note on Friday, December 21st. MKM Partners set a $6.00 price target on shares of Express and gave the stock a “hold” rating in a research note on Thursday, December 6th. Finally, B. Riley set a $7.00 price target on shares of Express and gave the stock a “hold” rating in a research note on Friday, November 30th.

Shares of NYSE EXPR traded up $0.23 during midday trading on Tuesday, hitting $5.36. The company’s stock had a trading volume of 34,109 shares, compared to its average volume of 2,040,588. Express has a 1 year low of $4.83 and a 1 year high of $11.69. The firm has a market cap of $383.76 million, a price-to-earnings ratio of 14.85 and a beta of 1.19.

Express (NYSE:EXPR) last posted its quarterly earnings data on Thursday, November 29th. The company reported $0.11 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.10 by $0.01. Express had a net margin of 1.84% and a return on equity of 5.94%. The business had revenue of $515.00 million during the quarter, compared to analyst estimates of $505.46 million. During the same quarter last year, the firm posted $0.08 earnings per share. The business’s revenue for the quarter was up 2.3% compared to the same quarter last year. As a group, analysts forecast that Express will post 0.3 EPS for the current fiscal year.

In related news, major shareholder Contrarius Investment Manageme sold 240,425 shares of Express stock in a transaction that occurred on Thursday, December 20th. The shares were sold at an average price of $5.36, for a total value of $1,288,678.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 3.20% of the stock is owned by insiders.

Large investors have recently modified their holdings of the company. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new stake in shares of Express during the 2nd quarter worth approximately $146,000. Pacer Advisors Inc. lifted its position in shares of Express by 215.2% during the 3rd quarter. Pacer Advisors Inc. now owns 15,931 shares of the company’s stock worth $176,000 after buying an additional 10,876 shares during the last quarter. Kessler Investment Group LLC purchased a new stake in shares of Express during the 3rd quarter worth approximately $179,000. United Services Automobile Association lifted its position in shares of Express by 54.1% during the 2nd quarter. United Services Automobile Association now owns 24,266 shares of the company’s stock worth $222,000 after buying an additional 8,521 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in shares of Express by 71.9% during the 3rd quarter. SG Americas Securities LLC now owns 20,533 shares of the company’s stock worth $227,000 after buying an additional 8,585 shares during the last quarter.

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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