Express, Inc. Could Rise a Lot According to The Today’s Call Option Activity

 Express, Inc. Could Rise a Lot According to The Today's Call Option Activity

In today’s session Express, Inc. (EXPR) registered an unusually high (5,369) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious EXPR increase. With 5,369 contracts traded and 57354 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: EXPR170120C00012500 closed last at: $1.65 or 22.2% up. About 478,430 shares traded hands. Express, Inc. (NYSE:EXPR) has declined 31.85% since April 12, 2016 and is downtrending. It has underperformed by 36.84% the S&P500.

Express, Inc. (NYSE:EXPR) Ratings Coverage

Out of 18 analysts covering Express Inc. (NYSE:EXPR), 5 rate it a “Buy”, 2 “Sell”, while 11 “Hold”. This means 28% are positive. $26 is the highest target while $10 is the lowest. The $17.31 average target is 22.85% above today’s ($14.09) stock price. Express Inc. has been the topic of 27 analyst reports since August 5, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained it with “Market Perform” rating and $13 target price in Thursday, August 25 report. Susquehanna maintained it with “Positive” rating and $24 target price in Thursday, August 27 report. The rating was initiated by Wolfe Research with “Outperform” on Tuesday, August 18. The stock has “Mkt Perform” rating given by FBR Capital on Thursday, August 25. The firm has “Neutral” rating given on Thursday, August 27 by UBS. The stock of Express, Inc. (NYSE:EXPR) has “Hold” rating given on Friday, August 14 by BB&T Capital. Brean Capital maintained Express, Inc. (NYSE:EXPR) rating on Thursday, August 27. Brean Capital has “Buy” rating and $25 price target. The firm has “Sell” rating given on Thursday, August 25 by UBS. The stock of Express, Inc. (NYSE:EXPR) has “Neutral” rating given on Wednesday, August 24 by CL King. The firm has “Buy” rating by Nomura given on Thursday, March 10.

According to Zacks Investment Research, “Express, Inc. is a specialty retailer of women’s and men’s apparel in the United States. The Company operates retail outlets in high-traffic shopping malls, lifestyle centers and street locations across the United States. It also sells its products through its e-commerce website, express.com. Express targets women and men between 20 and 30 years of age. The Company offers its customers an edited assortment of apparel and accessories to address fashion needs across multiple aspects of their lifestyles, including work, casual and going-out occasions. Express, Inc. is headquartered in Columbus, Ohio.”

Express, Inc. is a specialty apparel and accessories retailer offering both women’s and men’s merchandise, targeting the 20 to 30 year old customer. The company has a market cap of $1.11 billion. The Firm offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions. It has a 11.07 P/E ratio. It operates through the operation of its brick-and-mortar retail and outlet stores, e-commerce activities and franchise activities segment.

EXPR Company Profile

Express, Inc., incorporated on June 10, 2008, is a specialty apparel and accessories retailer offering both women’s and men’s merchandise, targeting the 20 to 30 year old customer. The Firm offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions. The Firm operates through a segment, which include the operation of its brick-and-mortar retail and outlet stores, e-commerce activities and franchise operations. The Firm sells its products through its e-commerce Website, www.express.com, and has franchise agreements with franchisees that operate Express locations in Latin America, the Middle East and South Africa.

More news for Express, Inc. (NYSE:EXPR) were recently published by: Prnewswire.com, which released: “ACE Cash Express, Inc. Announces Earnings Date And Conference Call For …” on November 07, 2016. Wsj.com‘s article titled: “ZTO Express, the Biggest US IPO of the Year, Drops in Trading Debut” and published on October 27, 2016 is yet another important article.

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