Express Inc. (NYSE:EXPR) finished Wednesday with a subtraction of -$0.02 to close at $1.17, a downside of -1.68 percent. An average of 1,475,400 shares of common stock have been traded in the last five days. There was a fall of -$0.0900 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 2,494,680 shares traded, while the 50-day average volume stands at 2,675,314.
EXPR stock has decreased by -45.07% in the last month. The company shares reached their 1-month lowest point of $1.1500 on 09/21/22. With the stock rallying to its 52-week high on 03/02/22, shares of the company touched a low of $1.17 and a high of $5.66 in 52 weeks. It has reached a new high 10 times so far this year and lost -62.01% or -$1.9100 in price. In spite of this, the price is down -79.33% from the 52-week high.
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Express Inc. (EXPR) has a trailing price-to-earnings (P/E) ratio of 5.20. The stock’s beta is 1.48. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.04.
The quick ratio of Express Inc. for the three months ended April 29 was 0.20, and the current ratio was 0.90, indicating that the company is not able to meet its debt obligations. Its gross profit as reported stood at $558.47 million compared to revenue of $1.87 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Express Inc.’s return on assets was 1.30%.
For the three-month period that ended April 29, Express Inc. had $197.67 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $7.04 million in the quarter, while revenues of -$11.91 million were shrunk -51.14%. The analyst consensus anticipated Express Inc.’s latest quarter earnings to come in at -$0.15 per share, but it turned out to be -$0.1, a 33.30% surprise. For the quarter, EBITDA amounted to $25.33 million. Shareholders own equity worth $68.25 million.
From a technical analysis perspective, let’s take a brief look at Express Inc. (EXPR) price momentum. RSI 9-day as of the close on 21 September was 23.00%, suggesting the stock is oversold, with historical volatility in this time frame at 61.94%.
As of today, EXPR’s price is $1.2280 -7.14% or -$0.0900 from its 5-day moving average. EXPR is currently trading -45.33% lower than its 20-day SMA and -65.89% lower than its 100-day SMA. However, the stock’s current price level is -34.27% below the SMA50 and -65.89% below the SMA200.
The stochastic %K and %D were 5.51% and 5.73%, respectively, and the average true range (ATR) was 0.1044. With the 14-day stochastic at 5.41% and the average true range at 0.1213, the RSI (14) stands at 28.89%. The stock has reached -0.0633 on the 9-day MACD Oscillator while the 14-day reading was at -0.0962.
Wedbush launched coverage on Express Inc. (NYSE: EXPR) in its analyst report released on May 11, 2018. The firm assigned the stock a Neutral rating. The consensus rating for Express Inc. (EXPR) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell EXPR, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is EXPR’s price target for the next 12 months?
Analysts predict a range of price targets between $5.50 and $5.50, with a median target of $5.50. Taking a look at these predictions, the average price target given by analysts for Express Inc. (EXPR) stock is $5.50.