News coverage about Express (NYSE:EXPR) has trended somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Express earned a media sentiment score of 0.03 on Accern’s scale. Accern also gave news stories about the company an impact score of 43.5070851166319 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the headlines that may have effected Accern’s analysis:
- Express Kitchens Grows by 50% Spurred by it’s New Approach to Kitchen Renovation (prweb.com)
- Will You Buy or Sell? Advanced Micro Devices, Inc. (AMD) (nismagazine.com)
- How Jeff Haden, Inc’s Top Columnist, Stays Motivated and Never Runs Out of Ideas (medium.com)
- EXCO Resources Inc.: EXCO Resources, Inc. Files Voluntary Petitions for Chapter 11 Reorganization to Facilitate Financial Restructuring (twst.com)
- BRIEF-National Express Sees Small Tax Credit In 2017 from U.S. Tax Reform (feeds.reuters.com)
EXPR has been the subject of a number of research analyst reports. Zacks Investment Research raised shares of Express from a “hold” rating to a “buy” rating and set a $7.75 target price for the company in a research note on Tuesday, October 24th. BidaskClub raised shares of Express from a “sell” rating to a “hold” rating in a research note on Wednesday, October 25th. BMO Capital Markets reaffirmed a “hold” rating and issued a $7.00 target price on shares of Express in a research note on Thursday, November 2nd. TheStreet raised shares of Express from a “d+” rating to a “c-” rating in a research note on Thursday, November 16th. Finally, SunTrust Banks reaffirmed a “hold” rating and issued a $6.00 target price on shares of Express in a research note on Monday, October 2nd. One equities research analyst has rated the stock with a sell rating and eleven have given a hold rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $8.88.
Shares of Express (NYSE EXPR) traded down $0.05 during midday trading on Wednesday, reaching $7.21. 3,394,200 shares of the company were exchanged, compared to its average volume of 5,672,020. Express has a 12-month low of $5.28 and a 12-month high of $11.69. The firm has a market cap of $572.15, a price-to-earnings ratio of 45.07 and a beta of 1.55.
Express (NYSE:EXPR) last posted its quarterly earnings data on Thursday, November 30th. The company reported $0.08 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.08. Express had a net margin of 0.60% and a return on equity of 3.85%. The company had revenue of $498.70 million during the quarter, compared to the consensus estimate of $487.38 million. During the same period in the prior year, the business posted $0.15 EPS. The company’s quarterly revenue was down 1.5% on a year-over-year basis. research analysts anticipate that Express will post 0.34 earnings per share for the current year.
Express declared that its board has approved a share buyback program on Thursday, November 30th that allows the company to buyback $150.00 million in shares. This buyback authorization allows the company to repurchase shares of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its stock is undervalued.
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Express Company Profile
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.
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