Express, Inc. (EXPR) Receives Consensus Rating of “Hold” from Analysts

Express, Inc. (NYSE:EXPR) has received a consensus recommendation of “Hold” from the thirteen brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation and ten have issued a hold recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $8.61.

EXPR has been the subject of several research analyst reports. Zacks Investment Research upgraded Express from a “hold” rating to a “buy” rating and set a $10.00 target price for the company in a research note on Tuesday, January 9th. SunTrust Banks dropped their price target on Express to $8.00 and set a “hold” rating for the company in a report on Wednesday, January 10th. Finally, ValuEngine cut Express from a “hold” rating to a “sell” rating in a report on Monday, April 2nd.

Shares of NYSE EXPR traded up $0.28 during midday trading on Friday, hitting $8.21. 2,269,402 shares of the company’s stock were exchanged, compared to its average volume of 2,545,440. Express has a 12 month low of $5.28 and a 12 month high of $11.34. The company has a market capitalization of $613.13, a P/E ratio of 22.89 and a beta of 0.94.



Express (NYSE:EXPR) last issued its earnings results on Wednesday, March 14th. The company reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.02. Express had a return on equity of 4.45% and a net margin of 0.91%. The company had revenue of $693.80 million during the quarter, compared to the consensus estimate of $686.82 million. During the same period in the previous year, the company posted $0.29 EPS. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. equities analysts predict that Express will post 0.41 EPS for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in EXPR. Zeke Capital Advisors LLC acquired a new position in Express in the 4th quarter valued at $108,000. Municipal Employees Retirement System of Michigan raised its holdings in Express by 59.1% in the 3rd quarter. Municipal Employees Retirement System of Michigan now owns 29,420 shares of the company’s stock valued at $199,000 after acquiring an additional 10,930 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in Express by 39.5% in the 4th quarter. Crossmark Global Holdings Inc. now owns 42,596 shares of the company’s stock valued at $432,000 after acquiring an additional 12,053 shares in the last quarter. LSV Asset Management raised its holdings in Express by 0.9% in the 4th quarter. LSV Asset Management now owns 1,443,173 shares of the company’s stock valued at $14,648,000 after acquiring an additional 13,100 shares in the last quarter. Finally, Alambic Investment Management L.P. acquired a new position in Express in the 4th quarter valued at $147,000. 99.08% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Express (NYSE:EXPR)

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