Media headlines about Express (NYSE:EXPR) have been trending somewhat positive on Monday, Accern Sentiment reports. The research group scores the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Express earned a news sentiment score of 0.03 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 34 out of 100, meaning that recent press coverage is unlikely to have an impact on the stock’s share price in the near term.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
- Personal loans online > Advance cash express inc > apply now! (thevillagereporter.com)
- Heartland Express Inc. Earns Carrier of the Year and Platinum Award for On-Time Service From FedEx Express (nasdaq.com)
- PetMed Express, Inc. (NASDAQ:PETS) Experiences Lighter than Average Trading Volume (highlightpress.com)
- India Inc chips in to clear the air about GST for clients, vendors (newindianexpress.com)
- Heartland Express, Inc. (NASDAQ:HTLD) Closed 9.1% Above Its 50 Day Average (highlightpress.com)
A number of equities analysts have commented on the stock. UBS AG restated a “sell” rating and issued a $6.00 target price (down from $8.00) on shares of Express in a research note on Friday, June 2nd. Wolfe Research increased their price objective on shares of Express from $6.00 to $10.00 and gave the company a “peer perform” rating in a research note on Friday, June 2nd. MKM Partners reiterated a “neutral” rating and set a $7.00 price objective (down from $10.00) on shares of Express in a research note on Friday, June 2nd. BMO Capital Markets reiterated a “hold” rating and set a $7.00 price objective on shares of Express in a research note on Friday, June 2nd. Finally, Morgan Stanley increased their price objective on shares of Express from $7.50 to $10.50 and gave the company an “equal weight” rating in a research note on Wednesday, June 14th. Three equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and two have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $10.63.
Shares of Express (EXPR) traded up 1.74% during trading on Monday, reaching $6.44. 426,916 shares of the company’s stock were exchanged. The stock has a 50 day moving average price of $7.15 and a 200-day moving average price of $9.29. Express has a 52 week low of $5.96 and a 52 week high of $16.38. The stock has a market capitalization of $505.19 million, a price-to-earnings ratio of 12.63 and a beta of 1.46.
Express (NYSE:EXPR) last issued its quarterly earnings data on Thursday, June 1st. The company reported ($0.07) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.02) by $0.05. Express had a net margin of 1.85% and a return on equity of 5.83%. 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% on a year-over-year basis. Analysts predict that Express will post $0.43 earnings per share for the current year.
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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.
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