After finishing at $0.81 in the prior trading day, Express Inc. (NYSE: EXPR) closed at $0.67, down -17.61%. In other words, the price has decreased by -$0.1432 from its previous closing price. On the day, 4990798 shares were traded. EXPR stock price reached its highest trading level at $0.7000 during the session, while it also had its lowest trading level at $0.6511.
Top 5 EV Tech Stocks to Buy for 2023
According a new report published by BloombergNEF on investment in the energy transition, annual spending on passenger EVs hit $388 billion in 2022, up 53% from the year before. Like we said, the boom is accelerating – and the time to buy EV-related tech stocks is now.
Click Here to Download the FREE Report.
Our goal is to gain a better understanding of EXPR by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 0.40 whereas as Long-Term Debt/Eq ratio is at 0.40.
Upgrades & Downgrades
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 25 when SHMIDMAN YEHUDA bought 5,434,783 shares for $4.60 per share. The transaction valued at 25,000,002 led to the insider holds 5,434,783 shares of the business.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXPR now has a Market Capitalization of 59.99M and an Enterprise Value of 711.83M. As of this moment, Express’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.17. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.03 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at 0.38 whereas that against EBITDA is 1.76.
Stock Price History:
Over the past 52 weeks, EXPR has reached a high of $3.16, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 0.8056, while the 200-Day Moving Average is calculated to be 1.1466.
The stock has traded on average 1.29M shares per day over the past 3-months and 1.2M shares per day over the last 10 days, according to various share statistics. A total of 68.55M shares are outstanding, with a floating share count of 65.35M. Insiders hold about 0.70% of the company’s shares, while institutions hold 49.30% stake in the company. Shares short for EXPR as of Apr 27, 2023 were 8.95M with a Short Ratio of 8.95M, compared to 7.91M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 12.14% and a Short% of Float of 13.55%.
Its stock is currently analyzed by 2 different market analysts. On average, analysts expect EPS of -$0.78 for the current quarter, with a high estimate of -$0.78 and a low estimate of -$0.79, while EPS last year was -$0.1. The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.1 and low estimates of -$0.13.
Analysts are recommending an EPS of between -$0.98 and -$1.01 for the fiscal current year, implying an average EPS of -$0.99. EPS for the following year is -$0.19, with 2 analysts recommending between -$0.12 and -$0.26.
2 analysts predict $389.43M in revenue for the current quarter. It ranges from a high estimate of $390.86M to a low estimate of $388M. As of the current estimate, Express Inc.’s year-ago sales were $450.79M, an estimated decrease of -13.60% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $449.88M, a decrease of -3.20% over than the figure of -$13.60% in the same quarter last year. There is a high estimate of $456.76M for the next quarter, whereas the lowest estimate is $443M.
A total of 2 analysts have provided revenue estimates for EXPR’s current fiscal year. The highest revenue estimate was $1.97B, while the lowest revenue estimate was $1.95B, resulting in an average revenue estimate of $1.96B. In the same quarter a year ago, actual revenue was $1.86B, up 5.20% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $2.15B in the next fiscal year. The high estimate is $2.19B and the low estimate is $2.12B. The average revenue growth estimate for next year is up 9.90% from the average revenue estimate for this year.