|Bid||36.83 x 100|
|Ask||49.97 x 100|
|Day's Range||47.61 - 48.85|
|52 Week Range||28.42 - 77.86|
|PE Ratio (TTM)||12.23|
|Forward Dividend & Yield||1.24 (2.64%)|
|1y Target Est||N/A|
Express (EXPR) has adopted a store rationalization strategy to boost efficiency as well as margins across its entire store base. Express has been considerably trimming the number of its retail store locations and is focusing on its outlet business. Since 2014, the company has adopted the practice of converting certain mall locations with less volume to factory outlet stores.
Additionally, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 16. Index (PMI) data, output in the Consumer Services sector is rising.
Specialty apparel retailer Express (EXPR) had a rough beginning to 2018. On January 9, 2018, Express stock was down over 20% to $7.37 after the company slashed guidance for fiscal 4Q17. The fourth quarter includes the important holiday season.
Short interest is moderate for FL with between 5 and 10% of shares outstanding currently on loan. This represents an increase in short interest as investors who seek to profit from falling equity prices added to their short positions on January 12.
Following the fiscal 3Q17 results, many analysts have revised their target prices for DSW. On the contrary, Deutsche Bank slashed its target price to $21 from $22, and Wedbush reduced its target price to $19 from $20. Currently, analysts’ 12-month average target price for DSW stock is $20.92, which reflects a 2.4% upside to the stock price as of January 10.
The company mentioned that, by using vertical displays for its products, it would be able to enhance display units by 70%. New store layouts, combined with more products on display, could attract customers. On the fiscal 3Q17 earnings conference call, the company’s CEO, Roger Rawlins, stated that the newly refurbished store in Columbus exceeded expectations.
DSW is planning to stock up children’s footwear across its entire store base before this year’s back-to-school season kicks off. On the fiscal 3Q17 earnings conference call, the company’s CFO, Jared Poff, said the category had witnessed strong positive comps growth. The company has, time and again, underscored that its stores are located within 20 miles of 70% of its targeted customer base.
American Eagle's (AEO) success story is driven by focus on improving product assortments, brand strength, efficient inventory management, e-commerce growth and a spectacular comps performance.
If you’re a big-brand bricks and mortar retailer, and you’ve survived to see prospects of a 4% growth economy on the horizon, these stocks that can have magnificent comebacks...
Will DSW’s Growth Initiatives Yield the Desired Results? In 2017, DSW’s (DSW) stock price was down 5.9% as the retail sector remained plagued by troubles. Similarly, peers Foot Locker (FL), Finish Line (FINL), and Genesco (GCO) were down 33.9%, 23.4%, and 47.5%, respectively, in 2017.
A rebalancing program that aligns with your investing philosophy can help address the inevitable shifts the market will deliver.
The majority of the analysts who are providing recommendations on Dick’s Sporting Goods (DKS) have maintained a “hold” rating. Following its fiscal 3Q17 results, many analysts have revised their target price for Dick’s Sporting Goods. J.P. Morgan upped its rating on Dick’s Sporting Goods to “buy” from “hold” with a new price target of $32.
Dick’s Sporting Goods’ (DKS) stock price slumped 45.9% in 2017 as the retail sector remained troubled. Increased competition and the resultant price wars have left most of the traditional retailers high and dry. The stock price performance of Dick’s Sporting Goods’ peers is also dismal.