|Bid||0.00 x 3200|
|Ask||11.95 x 3200|
|Day's Range||8.41 - 8.80|
|52 Week Range||6.17 - 11.69|
|Beta (3Y Monthly)||1.01|
|PE Ratio (TTM)||17.58|
|Earnings Date||Nov 28, 2018 - Dec 3, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||9.20|
Building up an investment case requires looking at a stock holistically. Today I’ve chosen to put the spotlight on Express Inc (NYSE:EXPR) due to its excellent fundamentals in more than Read More...
NEW YORK, Oct. 18, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
The Zacks Analyst Blog Highlights: Tilly's, Shoe Carnival, Urban Outfitters, DSW and Express
Apparel stocks have been doing well for a while now and the recent jump proves that consumers are willing to spend more on apparels and shoes.
MJ Akbar, minister of state for external affairs in Mr Modi’s government, has been accused by multiple women of harassing young female journalists during his years as a newspaper editor, before he joined the ruling Bharatiya Janata party. In response to questions about the allegations, Mr Akbar — who was on an official trip to Nigeria this week — told the Financial Times by text message that he “can only respond after I return” to India.
Hip-hop performances have been the pulse of the Hawks' halftime performance series since it started during the 2014-15 playoffs. But that is expected to change this season.
Express Inc. is adding an All-Star to its NBA lineup. The Columbus-based retailer again is teaming up with basketball players to promote its brand. This year’s NBA Game Changers roster is toplined by Victor Oladipo, a 2017 All-Star with the Indiana Pacers.
COLUMBUS, Ohio, Oct. 9, 2018 /PRNewswire/ -- Express, Inc. (EXPR) today announced Express's multiyear expanded partnership with the NBA. Additionally, Express unveiled its second "NBA Game Changers" campaign and Performance Collection featuring NBA All-Star Victor Oladipo (Indiana Pacers), Mo Bamba (Orlando Magic) and Trae Young (Atlanta Hawks), two of this year's top NBA Draft picks, as well as current NBA stars John Collins (Atlanta Hawks) and Jamal Murray (Denver Nuggets). As part of its expanded partnership with the NBA, Express will also introduce a collection of licensed apparel, available in-store and online beginning this fall.
Clothing retailer Express has launched a service that rents customers three fresh fashion pieces at a time for about $70 a month.
In the trailing six quarters, Express (EXPR) beat analysts’ estimates five times and missed analysts’ estimate once. In the fiscal first quarter, Express’s adjusted EPS were $0.01, much better than analysts’ consensus estimate of -$0.02 and its EPS of -$0.03 in the same quarter last year. Its fiscal second-quarter adjusted EPS came in at $0.03, easily beating analysts’ estimate of break-even earnings and the $0.01 it reported in the same quarter last year.
The company beat sales estimates in the fiscal first quarter by 4.0% and beat estimates in the fiscal second quarter by 2.1%. Its management is confident that its fall and holiday collections along with its extended size offerings will drive its top line in the remaining two fiscal quarters. The company’s e-commerce sales were up 35% in the fiscal first quarter, while in the fiscal second quarter, they were up 37%.
All seven analysts covering Express (EXPR) stock have given it “holds” as of September 25. There have been no price revisions on Express stock in the past 15 days. Currently, analysts’ 12-month average target price for Express stock is $9.00, which reflects a 17.3% downside to the stock’s price as of September 25.
As of September 25, Express (EXPR) is trading at a 12-month forward PE multiple of 21.3x. Since the release of its results for the fiscal second quarter (which ended on August 4) on August 29, Express’s valuation multiple has risen 4.4%.
In comparison, on a YTD basis, Foot Locker (FL) has risen 2.3% to $47.96, and Ascena (ASNA) has risen 90.6% to $4.48. Express is taking extensive efforts to grow its digital sales channel—especially its mobile app. Apart from developing a digital sales platform, Express is improving its services such as ship from store and buy online, pick up in store.
Following an initial jump, shares of Express Inc. (EXPR) fell more than 6% after reporting second-quarter earnings per share of 3 cents on $493.61 million in revenue, reflecting a 2.6% year-over-year increase. The company beat earnings estimates by 4 cents and revenue expectations by $6.42 million. "Comparable sales grew for the second consecutive quarter, and for the third consecutive quarter we increased earnings relative to the prior year.
This is matches the company’s earnings per share from the same time last year. It also beat out Wall Street’s flat earnings per share estimate for the quarter, but couldn’t keep Express stock up today.