Express (NYSE:EXPR) Updates Q4 Earnings Guidance

Express (NYSE:EXPR) updated its fourth quarter earnings guidance on Thursday. The company provided earnings per share guidance of $0.16-0.21 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.12.

NYSE EXPR traded up $1.08 during trading hours on Thursday, hitting $5.00. 5,104,402 shares of the stock were exchanged, compared to its average volume of 1,754,548. The company has a quick ratio of 0.43, a current ratio of 0.99 and a debt-to-equity ratio of 1.78. The company has a market cap of $264.36 million, a price-to-earnings ratio of 15.61 and a beta of 1.06. Express has a 12-month low of $1.83 and a 12-month high of $6.35. The stock has a 50-day moving average of $3.58 and a 200 day moving average of $2.88.

EXPR has been the topic of a number of analyst reports. Zacks Investment Research upgraded Express from a sell rating to a hold rating in a research note on Wednesday. ValuEngine raised shares of Express from a hold rating to a buy rating in a report on Wednesday, September 4th. Wedbush decreased their price objective on shares of Express from $4.00 to $2.00 and set a neutral rating on the stock in a report on Tuesday, August 27th. B. Riley set a $4.00 target price on shares of Express and gave the stock a hold rating in a research report on Tuesday, August 20th. Finally, MKM Partners set a $3.00 target price on shares of Express and gave the company a hold rating in a report on Thursday, August 29th. Five equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. Express currently has a consensus rating of Hold and a consensus target price of $3.55.

Express Company Profile

Express, Inc operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; and mobile app, as well as franchisees Express locations in Latin America.

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Earnings History and Estimates for Express (NYSE:EXPR)

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