Express (NASDAQ:EXPR) President David Kornberg sold 10,000 shares of Express stock in a transaction dated Monday, September 23rd. The shares were sold at an average price of $24.00, for a total transaction of $240,000.00. Following the sale, the president now directly owns 190,883 shares in the company, valued at approximately $4,581,192. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
A number of research firms have recently commented on EXPR. Analysts at Nomura initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Monday, September 9th. They set a “buy” rating and a $25.00 price target on the stock. Separately, analysts at FBR & Co. initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Thursday, August 1st. They set an “outperform” rating on the stock. Finally, analysts at FBR Capital Markets initiated coverage on shares of Express (NASDAQ:EXPR) in a research note to investors on Thursday, August 1st. They set an “outperform” rating on the stock.
Two investment analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $22.71.
Express (NASDAQ:EXPR) traded down 0.63% on Monday, hitting $23.82. The stock had a trading volume of 1,468,568 shares. Express has a one year low of $10.47 and a one year high of $24.02. The stock’s 50-day moving average is $21.60 and its 200-day moving average is $20.23. The company has a market cap of $2.025 billion and a P/E ratio of 15.64.
Express (NASDAQ:EXPR) last issued its quarterly earnings data on Wednesday, August 28th. The company reported $0.20 EPS for the quarter, meeting the Thomson Reuters consensus estimate of $0.20. The company had revenue of $486.20 million for the quarter, compared to the consensus estimate of $484.99 million. During the same quarter in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 6.9% on a year-over-year basis. On average, analysts predict that Express will post $1.60 earnings per share for the current fiscal year.
Express, Inc (NASDAQ:EXPR) is a specialty apparel and accessory retailer offering both women’s and men’s merchandise.