Somewhat Positive Media Coverage Somewhat Unlikely to Affect Express (EXPR) Share Price
Headlines about Express (NYSE:EXPR) have trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Express earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned news stories about the company an impact score of 45.4657170076501 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern’s scoring:
- Express Black Friday Deals 2017 – View Full Ad (gazettereview.com)
- FAT Brands Announces Master Franchise Deal For Fatburger And Buffalo’s Express In Utah And Colorado (thestreet.com)
- Land sold in Chesapeake for future Panda Express (dailypress.com)
- LBC Express embarks on a massive enterprise-wide digital transformation program with Ramco Systems (pressreleasepoint.com)
- ZTO Express: Seems Overvalued (seekingalpha.com)
Shares of Express (NYSE:EXPR) traded up $0.16 during midday trading on Thursday, hitting $7.83. The stock had a trading volume of 1,731,300 shares, compared to its average volume of 2,304,722. The firm has a market capitalization of $604.41, a P/E ratio of 22.56 and a beta of 1.33. Express has a fifty-two week low of $5.28 and a fifty-two week high of $14.02.
Express (NYSE:EXPR) last issued its quarterly earnings data on Wednesday, August 23rd. The company reported $0.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.01) by $0.02. The business had revenue of $478.50 million during the quarter, compared to the consensus estimate of $474.11 million. Express had a return on equity of 4.25% and a net margin of 0.85%. The business’s revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the firm posted $0.13 earnings per share. analysts forecast that Express will post 0.45 earnings per share for the current year.
EXPR has been the subject of several recent research reports. Zacks Investment Research raised Express from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a report on Tuesday, October 24th. BidaskClub raised Express from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. BMO Capital Markets reaffirmed a “hold” rating and set a $7.00 target price on shares of Express in a report on Wednesday, September 13th. Finally, SunTrust Banks, Inc. reaffirmed a “hold” rating and set a $6.00 target price on shares of Express in a report on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating and eleven have issued a hold rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $8.20.
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.
Receive News & Stock Ratings for Express Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express Inc. and related stocks with our FREE daily email newsletter.