In last trading session, Express, Inc. (NYSE:EXPR) saw 2,024,974 shares changing hands with its beta currently measuring 3.19. Company’s recent per share price level of $1.03 trading at -$0.02 or -1.9% at ring of the bell on the day assigns it a market valuation of $66.9 Million. That closing price of EXPR’s stock is at a discount of -404.85% from its 52-week high price of $5.2 and is indicating a premium of 44.66% from its 52-week low price of $0.57. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.87 Million shares which gives us an average trading volume of 5.31 Million if we extend that period to 3-months.
For Express, Inc. (EXPR), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 4 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 4 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.69 in the current quarter.
Express, Inc. (NYSE:EXPR) trade information
In the face of being in the red during last session for losing -1.9%, in the last five days EXPR remained trading in the green while hitting it’s week-highest on Thursday, Jan 07 when the stock touched $1.13 price level, adding 8.85% to its value on the day. Express, Inc.’s shares saw a change of 13.19% in year-to-date performance and have moved 3% in past 5-day. Express, Inc. (NYSE:EXPR) showed a performance of -3.74% in past 30-days. Number of shares sold short was 8.02 Million shares which calculate 1.51 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $1.25 to the stock, which implies a rise of 21.36% to its current value. Analysts have been projecting $1 as a low price target for the stock while placing it at a high target of $1.5. It follows that stock’s current price would jump +45.63% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.91% for stock’s current value.
Express, Inc. (EXPR) estimates and forecasts
Statistics highlight that Express, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lessened -27.46% of value to its shares in past 6 months, showing an annual growth rate of 3653.85% while that of industry is -10.7. Apart from that, the company came lowering its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to decline by -463.2% in the current quarter and calculating 89.7% increase in the next quarter. This year revenue growth is estimated to drop -40.4% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $424.72 Million for the same. And 1 analysts are in estimates of company making revenue of $387.5 Million in the next quarter that will end on April 01, 2021. Company posted $606.73 Million and $289.69 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -30% while estimating it to be 33.8% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -38.4% during past 5 years. In 2021, company’s earnings growth rate is likely to be around -3669.2% while estimates for its earnings growth in next 5 years are of 0%
Express, Inc. (NYSE:EXPR)’s Major holders
Insiders are in possession of 3.62% of company’s total shares while institution are holding 69.88% percent of that, with stock having share float percentage of 72.5%. Investors also watch the number of corporate investors in a company very closely, which is 103 institutions for Express, Inc. that are currently holding shares of the company. Contrarius Investment Management Limited is the top institutional holder at EXPR for having 6.06 Million shares of worth $3.69 Million. And as of September 29, 2020, it was holding 9.33% of the company’s outstanding shares.
The second largest institutional holder is Divisar Capital Management LLC, which was holding about 5.58 Million shares on September 29, 2020. The number of shares represents firm’s hold over 8.59% of outstanding shares, having a total worth of $3.4 Million.
On the other hand, Price (T.Rowe) Small-Cap Value Fund and Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF are the top two Mutual Funds which own company’s shares. As of September 29, 2020, the former fund manager was holding 1517079 shares of worth $925.42 Thousand or 2.34% of the total outstanding shares. The later fund manager was in possession of 1.36 Million shares on August 30, 2020, making its stake of worth around $1.51 Million in the company or a holder of 2.1% of company’s stock.
Even if you’re not actively in crypto, you deserve to know what’s actually going on..
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets are already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.