Stock of the Day: Time to Buy Express, Inc. After Today’s Big Decline?

Stock of the Day: Time to Buy Express, Inc. After Today's Big Decline?

The stock of Express, Inc. (NYSE:EXPR) is a huge mover today! About 9.04M shares traded hands or 314.68% up from the average. Express, Inc. (NYSE:EXPR) has declined 26.75% since April 28, 2016 and is downtrending. It has underperformed by 32.68% the S&P500.
The move comes after 6 months negative chart setup for the $815.16M company. It was reported on Dec, 1 by Barchart.com. We have $10.07 PT which if reached, will make NYSE:EXPR worth $32.61 million less.

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. Express Inc. has been the topic of 27 analyst reports since August 5, 2015 according to StockzIntelligence Inc. The company was maintained on Thursday, August 27 by Susquehanna. The stock of Express, Inc. (NYSE:EXPR) earned “Market Perform” rating by BMO Capital Markets on Thursday, August 25. The rating was maintained by Wolfe Research on Thursday, August 25 with “Peer Perform”. The firm has “Buy” rating by Nomura given on Thursday, March 10. Mizuho maintained it with “Buy” rating and $24.0 target price in Wednesday, August 26 report. As per Tuesday, August 18, the company rating was initiated by Wolfe Research. UBS downgraded Express, Inc. (NYSE:EXPR) rating on Thursday, August 25. UBS has “Sell” rating and $10 price target. On Friday, August 14 the stock rating was initiated by BB&T Capital with “Hold”. The stock has “Neutral” rating given by M Partners on Thursday, September 17. The rating was downgraded by Piper Jaffray to “Neutral” on Wednesday, August 24.

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.”

More news for Express, Inc. (NYSE:EXPR) were recently published by: Nasdaq.com, which released: “Earnings Reaction History: Express, Inc., 30.0% Follow-Through Indicator, 10.4 …” on December 01, 2016. Schaeffersresearch.com‘s article titled: “Buzz Stocks: Dollar General Corp., Express, Inc., and FuelCell Energy Inc” and published on December 01, 2016 is yet another important article.

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.

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