Other equities research analysts also recently issued research reports about the company. ValuEngine downgraded Express from a buy rating to a hold rating in a research report on Friday, November 16th. B. Riley set a $7.00 target price on Express and gave the stock a hold rating in a research report on Friday, November 30th. Finally, Zacks Investment Research cut Express from a buy rating to a hold rating in a report on Tuesday, December 4th. One research analyst has rated the stock with a sell rating and five have assigned a hold rating to the company. Express has an average rating of Hold and an average target price of $8.20.
Shares of NYSE EXPR opened at $5.84 on Thursday. Express has a one year low of $5.66 and a one year high of $11.69. The firm has a market cap of $428.55 million, a PE ratio of 16.22 and a beta of 1.01.
Several institutional investors have recently made changes to their positions in the company. Spark Investment Management LLC lifted its stake in Express by 150.1% in the 2nd quarter. Spark Investment Management LLC now owns 1,102,000 shares of the company’s stock worth $10,083,000 after purchasing an additional 661,400 shares in the last quarter. Kessler Investment Group LLC purchased a new stake in shares of Express in the third quarter worth $179,000. MetLife Investment Advisors LLC raised its position in shares of Express by 50.2% in the second quarter. MetLife Investment Advisors LLC now owns 34,677 shares of the company’s stock worth $317,000 after buying an additional 11,583 shares in the last quarter. Schwab Charles Investment Management Inc. raised its position in shares of Express by 9.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 1,541,060 shares of the company’s stock worth $14,101,000 after buying an additional 130,689 shares in the last quarter. Finally, Sun Life Financial INC purchased a new stake in shares of Express in the second quarter worth $118,000.
Express Company Profile
Express, Inc operates as a specialty apparel and accessories retailer. It offers apparel and accessories for women and men between 20 and 30 years across various aspects of lifestyles, including work, casual, jeanswear, and going-out occasions. The company sells its products through its e-commerce Website, express.com; mobile app; and franchisees Express locations in Latin America.
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