Express Inc. (EXPR) Records 4.99 million Shares Traded, Reaches $0.7000 High

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.

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Ratios:

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

Insider Transactions:

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.

Valuation Measures:

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.

Shares Statistics:

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%.

Earnings Estimates

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.

Revenue Estimates

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.