Somewhat Positive News Coverage Somewhat Unlikely to Affect Express (EXPR) Share Price

Press coverage about Express (NYSE:EXPR) has been trending somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Express earned a coverage optimism score of 0.10 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 44.3425786531972 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:

Several equities research analysts recently issued reports on EXPR shares. Zacks Investment Research cut Express from a “buy” rating to a “hold” rating in a report on Wednesday, January 10th. B. Riley reiterated a “neutral” rating on shares of Express in a report on Wednesday, November 1st. SunTrust Banks set a $10.00 price objective on Express and gave the stock a “hold” rating in a report on Friday, December 1st. TheStreet upgraded Express from a “d+” rating to a “c-” rating in a report on Thursday, November 16th. Finally, BidaskClub upgraded Express from a “sell” rating to a “hold” rating in a report on Wednesday, October 25th. Two equities research analysts have rated the stock with a sell rating and ten have given a hold rating to the company. Express has an average rating of “Hold” and a consensus price target of $8.88.

Shares of Express (NYSE EXPR) traded up $0.15 during trading on Friday, hitting $7.26. The stock had a trading volume of 544,813 shares, compared to its average volume of 3,000,112. The firm has a market cap of $562.69, a PE ratio of 45.38 and a beta of 1.03. Express has a fifty-two week low of $5.28 and a fifty-two week high of $11.68.

Express (NYSE:EXPR) last issued its earnings results on Thursday, November 30th. The company reported $0.08 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.08. The business had revenue of $498.70 million for the quarter, compared to analysts’ expectations of $487.38 million. Express had a return on equity of 3.85% and a net margin of 0.60%. The business’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.15 EPS. equities research analysts expect that Express will post 0.34 earnings per share for the current year.

Express declared that its board has approved a share repurchase plan on Thursday, November 30th that allows the company to repurchase $150.00 million in outstanding shares. This repurchase authorization allows the company to repurchase shares of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its stock is undervalued.

ILLEGAL ACTIVITY WARNING: “Somewhat Positive News Coverage Somewhat Unlikely to Affect Express (EXPR) Share Price” was first reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this piece of content on another website, it was stolen and reposted in violation of U.S. & international copyright law. The original version of this piece of content can be viewed at https://www.dispatchtribunal.com/2018/02/16/somewhat-positive-news-coverage-somewhat-unlikely-to-affect-express-expr-share-price.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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Express and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply