Today, Brokerages Set Express Inc. (EXPR) PT at $15.33

Today, Brokerages Set Express Inc. (EXPR) PT at $15.33

Shares of Express Inc. (NYSE:EXPR) have received an average rating of “Hold” from the nineteen research firms that are currently covering the company. Two investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and four have assigned a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $15.33.

Several research analysts recently weighed in on EXPR shares. Nomura restated a “buy” rating and issued a $14.00 price objective on shares of Express in a research report on Tuesday, September 27th. Stifel Nicolaus restated a “buy” rating and issued a $15.00 price objective on shares of Express in a research report on Wednesday, September 7th. FBR & Co dropped their price objective on shares of Express from $18.00 to $13.00 and set a “market perform” rating for the company in a research report on Thursday, August 25th. Wolfe Research dropped their price objective on shares of Express from $15.00 to $13.00 and set a “peer perform” rating for the company in a research report on Thursday, August 25th. Finally, BMO Capital Markets dropped their price objective on shares of Express from $14.00 to $13.00 and set a “market perform” rating for the company in a research report on Thursday, August 25th.

A number of large investors have recently bought and sold shares of EXPR. Profund Advisors LLC boosted its stake in Express by 0.3% in the second quarter. Profund Advisors LLC now owns 22,508 shares of the company’s stock valued at $327,000 after buying an additional 66 shares in the last quarter. Sei Investments Co. boosted its stake in shares of Express by 2.0% in the second quarter. Sei Investments Co. now owns 38,487 shares of the company’s stock valued at $559,000 after buying an additional 772 shares during the period. Suntrust Banks Inc. boosted its stake in shares of Express by 7.0% in the second quarter. Suntrust Banks Inc. now owns 14,277 shares of the company’s stock valued at $206,000 after buying an additional 935 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Express by 11.1% in the second quarter. Teacher Retirement System of Texas now owns 10,396 shares of the company’s stock valued at $151,000 after buying an additional 1,036 shares during the period. Finally, US Bancorp DE boosted its stake in shares of Express by 23.2% in the second quarter. US Bancorp DE now owns 10,052 shares of the company’s stock valued at $146,000 after buying an additional 1,896 shares during the period. 99.34% of the stock is currently owned by institutional investors and hedge funds.

Shares of Express (NYSE:EXPR) opened at 12.18 on Wednesday. The stock has a market cap of $959.75 million, a price-to-earnings ratio of 9.42 and a beta of 1.56. The stock has a 50 day moving average price of $11.99 and a 200-day moving average price of $15.10. Express has a 12-month low of $11.28 and a 12-month high of $21.57.

Express (NYSE:EXPR) last posted its quarterly earnings data on Wednesday, August 24th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.17 by $0.04. Express had a return on equity of 18.62% and a net margin of 4.55%. The company earned $504.80 million during the quarter, compared to the consensus estimate of $520.81 million. During the same quarter last year, the firm earned $0.25 EPS. The business’s revenue for the quarter was down 5.8% on a year-over-year basis. Equities analysts anticipate that Express will post $1.05 EPS for the current fiscal year.

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