Express, Inc. (NYSE:EXPR) shares fell 0.2% on Monday . The company traded as low as $9.13 and last traded at $9.01. 90,735 shares were traded during trading, a decline of 96% from the average session volume of 2,355,026 shares. The stock had previously closed at $9.03.
A number of research firms have recently weighed in on EXPR. Wedbush began coverage on shares of Express in a report on Thursday, May 10th. They set a “neutral” rating and a $9.00 price target on the stock. ValuEngine upgraded shares of Express from a “sell” rating to a “hold” rating in a report on Wednesday, May 9th. Finally, Zacks Investment Research upgraded shares of Express from a “strong sell” rating to a “hold” rating in a report on Monday, May 21st. Eight research analysts have rated the stock with a hold rating, The company has a consensus rating of “Hold” and a consensus target price of $8.83.
The company has a market cap of $681.90 million, a PE ratio of 25.17 and a beta of 0.88.
In other Express news, EVP James A. Hilt sold 11,000 shares of the firm’s stock in a transaction on Monday, June 18th. The shares were sold at an average price of $9.41, for a total value of $103,510.00. Following the sale, the executive vice president now directly owns 102,557 shares in the company, valued at approximately $965,061.37. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 3.20% of the company’s stock.
Hedge funds and other institutional investors have recently bought and sold shares of the business. Royal Bank of Canada lifted its holdings in Express by 1.7% during the 1st quarter. Royal Bank of Canada now owns 363,748 shares of the company’s stock valued at $2,604,000 after purchasing an additional 6,082 shares during the last quarter. Swiss National Bank raised its stake in shares of Express by 5.0% in the first quarter. Swiss National Bank now owns 137,300 shares of the company’s stock worth $983,000 after acquiring an additional 6,600 shares during the last quarter. KBC Group NV raised its stake in shares of Express by 105.1% in the first quarter. KBC Group NV now owns 16,562 shares of the company’s stock worth $119,000 after acquiring an additional 8,487 shares during the last quarter. Zeke Capital Advisors LLC bought a new position in shares of Express in the fourth quarter worth about $108,000. Finally, Principal Financial Group Inc. raised its stake in shares of Express by 2.4% in the first quarter. Principal Financial Group Inc. now owns 614,787 shares of the company’s stock worth $4,402,000 after acquiring an additional 14,244 shares during the last quarter.
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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