Express (EXPR) Getting Somewhat Favorable Press Coverage, Report Shows

News articles about Express (NYSE:EXPR) have trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. The research firm rates the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Express earned a news sentiment score of 0.08 on Accern’s scale. Accern also gave press coverage about the company an impact score of 45.2428903372467 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

A number of equities research analysts have recently commented on EXPR shares. UBS AG reaffirmed a “sell” rating and issued a $6.00 price objective (down previously from $8.00) on shares of Express in a research report on Friday, June 2nd. BMO Capital Markets set a $7.00 price objective on Express and gave the company a “hold” rating in a research report on Tuesday, August 8th. Wolfe Research lifted their price objective on Express from $6.00 to $10.00 and gave the company a “peer perform” rating in a research report on Friday, June 2nd. MKM Partners reaffirmed a “neutral” rating and issued a $7.00 price objective (down previously from $10.00) on shares of Express in a research report on Friday, June 2nd. Finally, Zacks Investment Research raised Express from a “sell” rating to a “hold” rating in a research report on Tuesday, August 15th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $9.25.

Express (EXPR) traded up 3.04% during midday trading on Tuesday, reaching $6.44. The company’s stock had a trading volume of 1,284,126 shares. The firm has a market capitalization of $507.38 million, a price-to-earnings ratio of 28.00 and a beta of 1.44. Express has a 12 month low of $5.28 and a 12 month high of $14.39. The stock’s 50-day moving average price is $6.18 and its 200-day moving average price is $7.59.

Express (NYSE:EXPR) last posted its quarterly earnings results on Wednesday, August 23rd. The company reported $0.01 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.01) by $0.02. Express had a net margin of 0.85% and a return on equity of 4.25%. The business had revenue of $478.50 million for the quarter, compared to the consensus estimate of $474.11 million. During the same period in the prior year, the business posted $0.13 earnings per share. Express’s revenue for the quarter was down 5.2% compared to the same quarter last year. Analysts predict that Express will post $0.44 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This piece was originally published by Transcript Daily and is owned by of Transcript Daily. If you are accessing this piece on another site, it was stolen and reposted in violation of United States and international trademark & copyright legislation. The correct version of this piece can be accessed at https://transcriptdaily.com/2017/09/12/express-expr-getting-somewhat-favorable-press-coverage-report-shows.html.

About Express

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.

Insider Buying and Selling by Quarter for Express (NYSE:EXPR)

Receive News & 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 companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply