Express Inc. [NYSE: EXPR] jumped around 0.09 points on Thursday, while shares priced at $3.14 at the close of the session, up 2.95%. 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.
Express Inc. stock is now 1.95% up from its year-to-date (YTD) trading value. EXPR Stock saw the intraday high of $3.16 and lowest of $2.89 per share. The company’s 52-week high price is 13.97, which means current price is +8.65% above from all time high which was touched on 01/04/22.
Compared to the average trading volume of 3.91M shares, EXPR reached a trading volume of 3593844 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $4.50 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 0.29, with the Price to Sales ratio for EXPR stock in the period of the last 12 months amounting to 0.13.
How has EXPR stock performed recently?
Express Inc. [EXPR] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.14. With this latest performance, EXPR shares dropped by -14.21% in over the last four-week period, additionally sinking by -45.77% over the last 6 months – not to mention a rise of 207.84% 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 43.99, with the RSI for the last a single of trading hit 46.15, and the three-weeks RSI is set at 42.78 for Express Inc. [EXPR]. The present Moving Average for the last 50 days of trading for this stock 3.70, while it was recorded at 3.17 for the last single week of trading, and 4.52 for the last 200 days.
Express Inc. [EXPR]: Deeper insight into the 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 0.20 and a Current Ratio set at 0.80.
Insider trade positions for Express Inc. [EXPR]
There are presently around $90 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 2.30% of the total institutional ownership; CHARLES SCHWAB INVESTMENT MANAGEMENT INC, holding 3,252,263 shares of the stock with an approximate value of $9.92 million in EXPR stocks shares; and VANGUARD GROUP INC, currently with $8.66 million in EXPR stock with ownership of nearly -0.526% of the company’s market capitalization.
Positions in Express Inc. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 39 institutional holders increased their position in Express Inc. [NYSE:EXPR] by around 4,330,804 shares. Additionally, 56 investors decreased positions by around 9,921,501 shares, while 18 investors held positions by with 15,104,204 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 33 institutional investors sold positions of 2,359,896 shares during the same period.