Stage Stores Inc. (NYSE:SSI)’s share price traded up 7.2% during mid-day trading on Friday . The company traded as high as $5.97 and last traded at $5.93, with a volume of 247,822 shares traded. The stock had previously closed at $5.53.

A number of equities analysts have issued reports on the company. Zacks Investment Research raised Stage Stores from a “strong sell” rating to a “hold” rating in a report on Wednesday, July 27th. TheStreet cut Stage Stores from a “hold” rating to a “sell” rating in a research note on Friday, June 10th. B. Riley reissued a “neutral” rating and issued a $4.80 price target on shares of Stage Stores in a research note on Wednesday, May 25th. Telsey Advisory Group decreased their price target on Stage Stores from $7.50 to $5.25 and set a “market perform” rating for the company in a research note on Friday, May 20th. Finally, Sterne Agee CRT reissued a “neutral” rating on shares of Stage Stores in a research note on Monday, May 16th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and one has assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $8.68.

The company’s 50 day moving average is $5.36 and its 200 day moving average is $6.73. The firm’s market cap is $157.00 million.

Stage Stores (NYSE:SSI) last posted its quarterly earnings data on Thursday, May 19th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.47) by $0.09. The company earned $332.80 million during the quarter, compared to the consensus estimate of $348.05 million. The business’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same period last year, the company earned ($0.27) earnings per share. Equities research analysts forecast that Stage Stores Inc. will post $0.20 earnings per share for the current year.

In other Stage Stores news, Director Earl J. Hesterberg acquired 15,000 shares of the company’s stock in a transaction that occurred on Friday, May 20th. The stock was bought at an average price of $4.78 per share, with a total value of $71,700.00. Following the completion of the purchase, the director now owns 52,895 shares of the company’s stock, valued at $252,838.10. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Richard E. Stasyszen purchased 5,000 shares of the company’s stock in a transaction on Friday, May 20th. The shares were purchased at an average cost of $5.10 per share, with a total value of $25,500.00. Following the purchase, the senior vice president now owns 51,158 shares of the company’s stock, valued at $260,905.80. The disclosure for this purchase can be found here.

A number of large investors have recently modified their holdings of the company. First Trust Advisors LP raised its stake in shares of Stage Stores by 36.7% in the fourth quarter. First Trust Advisors LP now owns 272,423 shares of the company’s stock valued at $2,482,000 after buying an additional 73,209 shares during the period. Royce & Associates LLC raised its stake in shares of Stage Stores by 164.3% in the fourth quarter. Royce & Associates LLC now owns 626,600 shares of the company’s stock valued at $5,708,000 after buying an additional 389,500 shares during the period. Finally, Mutual of America Capital Management LLC raised its stake in shares of Stage Stores by 9.5% in the fourth quarter. Mutual of America Capital Management LLC now owns 129,785 shares of the company’s stock valued at $1,182,000 after buying an additional 11,210 shares during the period.

Stage Stores, Inc operates specialty department stores mainly in small and mid-sized towns and communities. The Company’s department stores offer a range of brand name and private label apparel, accessories, cosmetics, footwear and home goods. The Company operates approximately 830 specialty department stores in over 40 states under the BEALLS, GOODY’S, PALAIS ROYAL, PEEBLES and STAGE nameplates and a direct-to-consumer business.

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