27 May, 2017
Its book value per share for the most recent quarter is $8.11 while its price to book ratio for the same period is 0.97, as for as the company's cash per share for the most recent quarter is $2.64, however its price to cash per share ratio for the same period is 2.97. Dimensional Fund Advisors LP raised its stake in shares of Express by 23.1% in the fourth quarter. Boothbay Fund Management LLC now owns 10,934 shares of the company's stock worth $118,000 after buying an additional 136 shares in the last quarter. Phoenix Investment Adviser LLC bought a new position in shares of Express during the third quarter valued at approximately $147,000. BlackRock Inc. boosted its position in Express by 19.9% in the third quarter. BlackRock Group LTD boosted its position in shares of Express by 7.7% in the third quarter. BlackRock Fund Advisors now owns 5,437,757 shares of the company's stock worth $64,111,000 after buying an additional 821,802 shares in the last quarter.
Analysts and investors will be looking forward to the next earnings release from Express, Inc. (NYSE:EXPR) traded up 1.28% during trading on Friday, reaching $7.92. The institutional investor owned 21,993 shares of the company's stock after selling 30,554 shares during the period.
Express Inc. (EXPR) has a market capitalization of 600.87 Million which suggests the company is a huge company further suggesting that the shares of Express Inc. The high end target price has shares touching $14 and the low end target estimate has the stock moving to $8 within the year.
According to analysts Express Inc (NYSE:EXPR)'s minimum EPS for the current quarter is at $-0.03. (EXPR) is 0.29 while the analysts predicted the EPS of the stock to be 0.29 suggesting the company fell short of the analysts' expectations.
Shifting the focus to some ROIC (Return on Invested Capital) numbers, Express, Inc.
The company's expected revenue in the current quarter to be 468.57 Million, seeing a projected current quarter growth of -108%, and per annum growth estimates over the next 5 year period of around 12%. In the same quarter a year ago, the company posted EPS of $0.25. The firm's revenue was down 11.3% compared to the same quarter previous year.
On average, analysts expect that Express will report full-year sales of $469.82 million for the current fiscal year, with estimates ranging from $2.16 billion to $2.25 billion.
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EXPR has been the topic of several recent analyst reports. MKM Partners restated a "neutral" rating and set a $10.00 price objective (down from $11.00) on shares of Express in a research report on Monday, March 13th. FBR & Co reiterated a "hold" rating and issued a $9.00 price objective on shares of Express in a research report on Wednesday, March 15th. Wedbush reiterated a "neutral" rating and issued a $9.00 target price (down previously from $11.00) on shares of Express in a research note on Saturday, March 11th. Finally, Mizuho cut shares of Express from a "buy" rating to a "neutral" rating and reduced their price objective for the stock from $15.00 to $10.00 in a research report on Thursday, March 9th.
In terms of Buy, Sell or Hold recommendations, Express Inc (NYSE:EXPR) has analysts' mean recommendation of 2.9. The stock now has a consensus rating of "Hold" and an average price target of $12.50.
