Technicals Say Express Inc. (EXPR) Is Worth Holding

As of Friday close, Express Inc.’s (NYSE:EXPR) stock was up $0.07, moving up 3.91 percent to $1.86. The average number of shares traded per day over the past five days has been 1,680,440 shares. 5 times new highs have been achieved over the past 5 days, with a $0.1700 gain in that time frame. In the last twenty days, the average volume was 1,879,480, while in the previous 50 days, it was 3,083,246.

Since last month, EXPR stock retreated -4.62%. Shares of the company fell to $1.6300 on 08/01/22, the lowest level in the past month. A 52-week high of $7.71 was reached on 03/02/22 after having rallying from a 52-week low of $1.63. Since the beginning of this year, EXPR’s stock price has dropped by -39.61% or -$1.2200, and marked a new high 10 times. However, the stock has declined by -75.88% since its 52-week high.


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Valuation Metrics

Right now, Express Inc. (EXPR) has a P/E ratio of about 6.74. The stock’s beta is 1.46.

Financial Health

In the three months ended April 29, Express Inc.’s quick ratio stood at 0.10, while its current ratio was 0.90, showing that the company is not able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 30.90% percent. In the year ended April 29, operating margins totaled 1.60%. Based on annual data, EXPR earned $558.47 million in gross profit and brought in $1.87 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 0.40%. Return on equity (ROE) for the past 12 months was -191.50%.

In Express Inc.’s quarter-end financial report for April 29, it reported total debt of $203.48 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. EXPR’s revenue rose 23.3% to $594.93 million during the quarter, while net income inched up to $450.79 million. While analysts expected Express Inc. to report -$0.12 quarterly earnings, the actual figure was -$0.1 per share, beating the consensus estimate by 16.70%. During the quarter, the company generated $6.07 million in EBITDA. The liabilities of Express Inc. were 1.24 billion at the end of its most recent quarter ended April 29, and its total debt was $904.18 million. The value of shareholders’ equity is $68.07 million.

Technical Picture

This quick technical analysis looks at Express Inc.’s (EXPR) price momentum. With a historical volatility rate of 65.74%, the RSI 9-day stood at 55.93% on 05 August.

With respect to its five-day moving average, the current Express Inc. price is up by +10.06% percent or $0.1700. At present, EXPR shares trade -1.06% below its 20-day simple moving average and -44.48% percent below its 100-day simple moving average. However, the stock is currently trading approximately -21.85% below its SMA50 and -56.74% below its SMA200.

Stochastic coefficient K was 47.37% and Stochastic coefficient D was 35.96%, while ATR was 0.1178. Given the Stochastic reading of 60.53% for the 14-day period, the RSI (14) reading has been calculated as 47.88%. As of today, the MACD Oscillator reading stands at 0.0722, while the 14-day reading stands at 0.0186.

Analyst Ratings

Wedbush launched its rating on Express Inc. (NYSE: EXPR) to a Neutral in a note to investors on May 11, 2018. Express Inc. (EXPR) has been rated Overweight by analysts. According to 0 brokerage firms, EXPR is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate Express Inc. stock as buy, with 1 recommending it as overweight.

With a median target price of $5.50, the current consensus forecast for the stock is $5.50 – $5.50. Based on these forecasts, analysts predict Express Inc. (EXPR) will achieve an average price target of $5.50.

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