|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||43.44 - 44.06|
|52 Week Range||28.42 - 77.86|
|PE Ratio (TTM)||19.65|
|Forward Dividend & Yield||1.38 (3.15%)|
|1y Target Est||N/A|
Index (PMI) data, output in the Consumer Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
Analysts at Credit Suisse, led by Michael Binetti, after Monday's market close initiated coverage on a plethora of apparel and retail names. Here's a summary of the bull and bear calls from the team of ...
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on February 7. Index (PMI) data, output in the Consumer Services sector is rising.
Express (EXPR) is slated to report its fiscal 4Q17 results on March 14, 2018. Analysts also expect EXPR’s adjusted EPS (earnings per share) to be $0.32 in fiscal 4Q17 compared to $0.29 in fiscal 4Q16. Express now expects its fiscal 4Q17 EPS to be in the range of $0.31–$0.33 compared to its earlier projected range of $0.40–$0.44.
For fiscal 4Q17, Express (EXPR) is expected to report sales of $686.9 million, up 1.2%, per the analysts. On January 9, 2018, Express stated that store sales (primarily, dress and sweaters) were negatively impacted by reduced footfall during the critical weeks leading to Christmas. Express added that online sales year-to-date remained robust with double-digit increases YoY (year over year).
On January 9, 2018, Express reported that its holiday season sales performance hadn’t been as expected and that it had lowered its fiscal 4Q17 outlook. In fiscal 4Q17, Express expects its EPS to be in the bracket of $0.31–$0.33 compared to its earlier projected range of $0.40–$0.44. On a YTD (year-to-date) basis as of March 9, 2018, Express’s stock price has fallen 27.7%.
Most analysts covering DSW (DSW) have maintained a “hold” rating ahead of the company’s upcoming fiscal 4Q17 results. Of the 14 analysts covering the stock, 71% recommended a “hold,” and 29% recommended a “buy.” No analyst has recommended a “sell” rating for the stock. In September 2017, DSW introduced a new membership program called “DSW Rewards VIP.” Under this membership program, over 25 million customers can take advantage of services like repairs to handbags and shoes and rentals.
Analysts have projected sales to be up 7.9% to $728.2 million driven by its growth initiatives. In comparison, on a YTD basis, Finish Line (FINL) has fallen 30.4% to $10.11 as of March 8, 2018, while Foot Locker (FL) is down 12.9% to $40.85.