Wall Street Analyst Initiated Express Inc. [EXPR]. What else is Wall St. saying

Express Inc. [NYSE: EXPR] closed the trading session at $6.16 on 07/02/21. The day’s price range saw the stock hit a low of $6.12, while the highest price level was $6.86. The company report on June 16, 2021 that Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold and/or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021.

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Rosen Law Firm, a global investor rights law firm, announces the updated July 27, 2021 lead plaintiff deadline in the class action lawsuits filed on behalf of those who were unable to execute trades, sold, and/or purchased certain securities including American Airlines Group Inc. (NASDAQ: AAL), AMC Entertainment Holdings Inc. (NYSE: AMC), BlackBerry Limited (NYSE: BB), Bed Bath & Beyond Inc. (NASDAQ: BBBY), GameStop Corp. (NYSE: GME), Express (NYSE: EXPR), Koss Corporation (NASDAQ: KOSS), Naked Brand Group (NASDAQ: NAKD), Nokia Corporation (NYSE: NOK), Sundial Growers, Inc. (NASDAQ: SNDL), Tootsie Roll Industries (NYSE: TR), and Trivago NV (NASDAQ: TRVG) (collectively, the “Affected Securities”) on the Robinhood Trading Platform on or around January 28, 2021. The lawsuits variously seek to recover damages for those affected by Robinhood’s alleged market manipulation in violation of Sections 9(a) and 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78i(a) and 78(j)(b), and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission (17 C.F.R. § 240.10b-5)).

The lawsuits are consolidated into the multidistrict litigation, In re January 2021 Short Squeeze Trading Litigation, 1:21-md-02989, pending before the Honorable Cecilia M. Altonaga in the United States District Court for the Southern District of Florida. Investors who wish to contact the court for copies of the complaints can contact the Clerk’s office at the Wilkie D. Ferguson, Jr. United States Courthouse, 400 North Miami Avenue, Miami, Florida 33128 or call (305) 523-5100. This notice is disseminated pursuant to Judge Altonaga’s Order signed on May 17, 2021. You may also contact your own counsel for copies of the complaints or the Rosen Law Firm below.

The stocks have a year to date performance of 576.92 percent and weekly performance of -13.24 percent. The stock has been moved at 576.92 percent over the last six months. The stock has performed 17.56 percent around the most recent 30 days and changed 47.72 percent over the most recent 3-months.

If compared to the average trading volume of 12.47M shares, EXPR reached to a volume of 7437495 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Express Inc. [EXPR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for EXPR shares is $4.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on EXPR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wedbush have made an estimate for Express Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 11, 2018. While these analysts kept the previous recommendation, B. Riley FBR Inc. raised their target price from $7 to $9. The new note on the price target was released on November 30, 2017, representing the official price target for Express Inc. stock. Previously, the target price had yet another drop from $10 to $6, while Wolfe Research kept a Peer Perform rating on EXPR stock. On June 02, 2017, analysts decreased their price target for EXPR shares from 8 to 6.

The Average True Range (ATR) for Express Inc. is set at 0.83, with the Price to Sales ratio for EXPR stock in the period of the last 12 months amounting to 0.34.

EXPR stock trade performance evaluation

Express Inc. [EXPR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.24. With this latest performance, EXPR shares gained by 17.56% in over the last four-week period, additionally plugging by 576.92% over the last 6 months – not to mention a rise of 333.80% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for EXPR stock in for the last two-week period is set at 56.80, with the RSI for the last a single of trading hit 54.79, and the three-weeks RSI is set at 57.26 for Express Inc. [EXPR]. The present Moving Average for the last 50 days of trading for this stock 4.51, while it was recorded at 6.60 for the last single week of trading, and 2.69 for the last 200 days.

Express Inc. [EXPR]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Express Inc. [EXPR] shares currently have an operating margin of -34.87 and a Gross Margin at +2.44. Express Inc.’s Net Margin is presently recorded at -33.55.

Return on Total Capital for EXPR is now -31.71, given the latest momentum, and Return on Invested Capital for the company is -36.39. Return on Equity for this stock declined to -194.93, with Return on Assets sitting at -21.44. When it comes to the capital structure of this company, Express Inc. [EXPR] has a Total Debt to Total Equity ratio set at 11,543.21. Additionally, EXPR Total Debt to Total Capital is recorded at 99.14, with Total Debt to Total Assets ending up at 65.99. Long-Term Debt to Equity for the company is recorded at 9,443.50, with the Long-Term Debt to Total Capital now at 81.11.

Reflecting on the efficiency of the workforce at the company, Express Inc. [EXPR] managed to generate an average of -$40,545 per employee. Receivables Turnover for the company is 17.68 with a Total Asset Turnover recorded at a value of 0.64.Express Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.40 and a Current Ratio set at 0.90.

Express Inc. [EXPR]: Insider Ownership positions

There are presently around $221 million, or 54.30% of EXPR stock, in the hands of institutional investors. The top three institutional holders of EXPR stocks are: CONTRARIUS INVESTMENT MANAGEMENT LTD with ownership of 6,275,235, which is approximately 3.601% of the company’s market cap and around 5.90% of the total institutional ownership; BLACKROCK INC., holding 4,933,837 shares of the stock with an approximate value of $30.39 million in EXPR stocks shares; and CHARLES SCHWAB INVESTMENT MANAGEMENT INC, currently with $30.01 million in EXPR stock with ownership of nearly 2.381% of the company’s market capitalization.

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Positions in Express Inc. stocks held by institutional investors increased at the end of June and at the time of the June reporting period, where 56 institutional holders increased their position in Express Inc. [NYSE:EXPR] by around 10,421,827 shares. Additionally, 40 investors decreased positions by around 13,368,837 shares, while 8 investors held positions by with 12,013,796 shares. The mentioned changes placed institutional holdings at 35,804,460 shares, according to the latest SEC report filing. EXPR stock had 30 new institutional investments in for a total of 2,192,088 shares, while 15 institutional investors sold positions of 4,152,190 shares during the same period.

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