In the last trading session, 8.78 million Express Inc. (NYSE:EXPR) shares changed hands as the company’s beta touched 1.84. With the company’s per share price at $5.74 changed hands at $0.46 or 8.71% during last session, the market valuation stood at $386.99M. EXPR’s last price was a discount, traded about -143.38% off its 52-week high of $13.97. The share price had its 52-week low at $0.57, which suggests the last value was 90.07% up since then. When we look at Express Inc.’s average trading volume, we note the 3-month average coming to 8.09 million.
Analysts gave the Express Inc. (EXPR) stock a consensus recommendation rating of a Hold, calculated at a mean rating of 3.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended EXPR as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Express Inc.’s EPS for the current quarter is expected to be $0.02.
Express Inc. (NYSE:EXPR) trade information
Instantly EXPR was in green as seen at the end of in last trading. With action 6.49%, the performance over the past five days has been green. The jump to weekly highs of 5.98 on Monday, 09/13/21 added 8.71% to the stock’s daily price. The company’s shares are showing year-to-date upside of 530.77%, with the 5-day performance at 6.49% in the green. However, in the 30-day time frame, Express Inc. (NYSE:EXPR) is -4.49% down.
The consensus price target for the stock as assigned by Wall Street analysts is $6.00, meaning bulls need an upside of 4.33% from its current market value. According to analyst projections, EXPR’s forecast low is $6.00 with $6.00 as the target high. To hit the forecast high, the stock’s price needs a -4.53% plunge from its current level, while the stock would need to soar -4.53% for it to hit the projected low.
Express Inc. (EXPR) estimates and forecasts
Data shows that the Express Inc. share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 12.55% over the past 6 months, a 90.53% in annual growth rate that is considerably higher than the industry average of 38.60%. Moreover, analysts have looked to higher expectations by upgrading its fiscal year 2021 revenue estimates. The rating firms predict current quarter revenue for Express Inc. will rise 101.70%, while the growth in revenue is estimated to hit 130.30% for the next quarter. Year-over-year growth is forecast to reach 61.10% up from the last financial year.
Consensus estimates given by 2 financial analysts project the company’s revenue in the current quarter to hit an average of $503.1 million. 2 analysts are of the opinion that Express Inc.’s revenue for the quarter ending Jan 2022 will be $640.65 million. The estimates for the next quarter sales put growth at 48.90%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -47.70%. The 2021 estimates are for Express Inc. earnings to decrease by -178.60%.
Express Inc. is expected to release its next quarterly earnings report between December 01 and December 06.
Express Inc. (NYSE:EXPR)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.82% of Express Inc. shares while 57.41% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 59.08%. There are 57.41% institutions holding the Express Inc. stock share, with Contrarius Investment Management Limited the top institutional holder. As of Jun 29, 2021, the company held 9.39% of the shares, roughly 6.29 million EXPR shares worth $40.82 million.
Charles Schwab Investment Management, Inc. holds the second largest percentage of outstanding shares, with 7.12% or 4.77 million shares worth $30.95 million as of Jun 29, 2021.
Among Mutual Funds, the top two as of May 30, 2021 were Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF and Vanguard Total Stock Market Index Fund. With 3.29 million shares estimated at $14.11 million under it, the former controlled 4.91% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 2.61% of the shares, roughly 1.75 million shares worth around $11.33 million.