Express Inc. [EXPR] Stock trading around $3.88 per share: What’s Next?

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Express Inc. [NYSE: EXPR] stock went on an upward path that rose over 14.79% on Thursday, amounting to a one-week price decrease of less than -8.06%. The company report on December 2, 2021 that Express, Inc. Reports Third Quarter 2021 Results.

Company provides improved outlook for fourth quarter and full year 2021 based on strength of third quarter results and momentum of EXPRESSway Forward strategy.


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Third quarter net sales increased 47% compared to 2020. Consolidated comparable sales increased 46% compared to 2020 and 3% compared to 2019.

Over the last 12 months, EXPR stock rose by 145.57%. The one-year Express Inc. stock forecast points to a potential upside of 35.33. The average equity rating for EXPR stock is currently 3.00, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $276.88 million, with 66.53 million shares outstanding and 65.08 million shares in the current float. Compared to the average trading volume of 3.73M shares, EXPR stock reached a trading volume of 21976806 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $6.00 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 0.38, with the Price to Sales ratio for EXPR stock in the period of the last 12 months amounting to 0.18.

EXPR Stock Performance Analysis:

Express Inc. [EXPR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.06. With this latest performance, EXPR shares dropped by -9.35% in over the last four-week period, additionally sinking by -21.46% over the last 6 months – not to mention a rise of 145.57% 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 44.25, with the RSI for the last a single of trading hit 45.04, and the three-weeks RSI is set at 43.88 for Express Inc. [EXPR]. The present Moving Average for the last 50 days of trading for this stock 4.36, while it was recorded at 3.73 for the last single week of trading, and 4.56 for the last 200 days.

Insight into Express Inc. Fundamentals:

Express Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.70.

EXPR Stock EPS

With the latest financial reports released by the company, Express Inc. posted -1.17/share EPS, while the average EPS was predicted by analysts to be reported at -0.51/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -129.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for EXPR.

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Express Inc. [EXPR] Insider Position Details

There are presently around $99 million, or 49.00% 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 6,301,109, which is approximately 0.186% of the company’s market cap and around 5.40% of the total institutional ownership; CHARLES SCHWAB INVESTMENT MANAGEMENT INC, holding 3,252,263 shares of the stock with an approximate value of $10.99 million in EXPR stocks shares; and VANGUARD GROUP INC, currently with $9.6 million in EXPR stock with ownership of nearly -0.526% of the company’s market capitalization.

39 institutional holders increased their position in Express Inc. [NYSE:EXPR] by around 4,330,804 shares. Additionally, 57 investors decreased positions by around 9,944,683 shares, while 18 investors held positions by with 15,081,022 shares. The mentioned changes placed institutional holdings at 29,356,509 shares, according to the latest SEC report filing. EXPR stock had 18 new institutional investments in for a total of 2,744,284 shares, while 34 institutional investors sold positions of 2,383,078 shares during the same period.