News headlines about Express (NYSE:EXPR) have trended somewhat positive this week, according to Accern Sentiment. The research group rates the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Express earned a media sentiment score of 0.14 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 45.3016338860881 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the headlines that may have impacted Accern’s scoring:
- Brokerages Anticipate Express, Inc. (EXPR) to Announce $0.42 Earnings Per Share (americanbankingnews.com)
- Express, Inc. :EXPR-US: Earnings Analysis: Q3, 2018 By the Numbers : December 7, 2017 (finance.yahoo.com)
- Kazzit, Inc., Worlds Largest Winery Guide Acquires Portland Based Syndical Events (prweb.com)
- Изобретатель повербанка Pisen впервые примет участие на флэш-sale AliExpress (prnewswire.com)
- Lettering Express Expands Operation (prweb.com)
A number of equities analysts have issued reports on EXPR shares. Zacks Investment Research upgraded Express from a “hold” rating to a “buy” rating and set a $11.00 price target for the company in a research note on Monday. SunTrust Banks set a $10.00 price target on Express and gave the company a “hold” rating in a research note on Friday, December 1st. BMO Capital Markets set a $10.00 price target on Express and gave the company a “hold” rating in a research note on Friday, December 1st. B. Riley lifted their target price on shares of Express from $7.00 to $9.00 and gave the stock a “neutral” rating in a research report on Thursday, November 30th. Finally, TheStreet raised shares of Express from a “d+” rating to a “c-” rating in a research report on Thursday, November 16th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and one has given a buy rating to the stock. Express currently has an average rating of “Hold” and a consensus target price of $9.13.
Express (NYSE:EXPR) last posted its quarterly earnings results on Thursday, November 30th. The company reported $0.08 EPS for the quarter, hitting analysts’ consensus estimates of $0.08. The company had revenue of $498.70 million for the quarter, compared to analysts’ expectations of $487.38 million. Express had a net margin of 0.60% and a return on equity of 3.85%. Express’s revenue was down 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.15 EPS. equities analysts predict that Express will post 0.47 earnings per share for the current year.
Express announced that its board has approved a share repurchase program on Thursday, November 30th that authorizes the company to repurchase $150.00 million in outstanding shares. This repurchase authorization authorizes the company to buy shares of its stock through open market purchases. Shares repurchase programs are often a sign that the company’s management believes its stock is undervalued.
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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.
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