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Boom Or Bust: Where Does Express Inc. (NYSE: EXPR) Stock Go From Here?

During the recent session, Express Inc. (NYSE:EXPR)’s traded shares were 0.18 million, with the beta value of the company hitting 1.46. At the last check today, the stock’s price was $1.78, reflecting an intraday loss of -0.60% or -$0.01. The 52-week high for the EXPR share is $7.71, that puts it down -333.15 from that peak though still a striking 8.43% gain since the share price plummeted to a 52-week low of $1.63. The company’s market capitalization is $125.41M, and the average intraday trading volume over the past 10 days was 1.55 million shares, and the average trade volume was 3.11 million shares over the past three months.

Express Inc. (EXPR) received a consensus recommendation of an Overweight from analysts. That translates to a mean rating of 2.50. EXPR has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.09.

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Express Inc. (NYSE:EXPR) trade information

Express Inc. (EXPR) registered a -0.60% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.60% in intraday trading to $1.78 this Thursday, 08/04/22, hitting a weekly high. The stock’s 5-day price performance is 5.92%, and it has moved by -4.28% in 30 days. Based on these gigs, the overall price performance for the year is -62.47%. The short interest in Express Inc. (NYSE:EXPR) is 5.54 million shares and it means that shorts have 1.97 day(s) to cover.

The consensus price target of analysts on Wall Street is $5.50, which implies an increase of 67.64% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.50 and $5.50 respectively. As a result, EXPR is trading at a discount of -208.99% off the target high and -208.99% off the low.

Express Inc. (EXPR) estimates and forecasts

Statistics show that Express Inc. has outperformed its competitors in share price, compared to the industry in which it operates. Express Inc. (EXPR) shares have gone down -43.17% during the last six months, with a year-to-date growth rate more than the industry average at 165.22% against -6.30. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 350.00% this quarter and then drop -58.80% in the quarter after that. In the rating firms’ projections, revenue will increase 8.70% compared to the previous financial year.

Revenue for the current quarter is expected to be $479.62 million as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to $488.65 million by the end of Oct 2022.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.10%. While earnings are projected to return 96.90% in 2022.

EXPR Dividends

Express Inc. is due to release its next quarterly earnings between August 23 and August 29. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Express Inc. (NYSE:EXPR)’s Major holders

Express Inc. insiders own 4.05% of total outstanding shares while institutional holders control 54.52%, with the float percentage being 56.82%. Contrarius Investment Management Limited is the largest shareholder of the company, while 114 institutions own stock in it. As of Mar 30, 2022, the company held over 6.31 million shares (or 9.28% of all shares), a total value of $11.52 million in shares.

The next largest institutional holding, with 4.01 million shares, is of Towle & Company’s that is approximately 5.89% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $7.31 million.

Also, the Mutual Funds coming in first place with the largest holdings of Express Inc. (EXPR) shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. Data provided on Mar 30, 2022 indicates that Vanguard Total Stock Market Index Fund owns about 2.07 million shares. This amounts to just over 3.04 percent of the company’s overall shares, with a $3.78 million market value. The same data shows that the other fund manager holds slightly less at 1.36 million, or about 2.00% of the stock, which is worth about $2.48 million.

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