Shares of Stage Stores Inc. (NYSE:SSI) traded up 6.5% on Thursday . The company traded as high as $6.14 and last traded at $6.06, with a volume of 306,466 shares. The stock had previously closed at $5.69.

A number of analysts have recently weighed in on the stock. B. Riley restated a “neutral” rating and issued a $4.80 price objective on shares of Stage Stores in a research note on Wednesday, May 25th. Zacks Investment Research upgraded shares of Stage Stores from a “sell” rating to a “hold” rating in a research note on Thursday, May 5th. Sterne Agee CRT restated a “neutral” rating on shares of Stage Stores in a research note on Monday, May 16th. Telsey Advisory Group reduced their price objective on shares of 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, TheStreet cut shares of Stage Stores from a “hold” rating to a “sell” rating in a research note on Friday, June 10th. Two research analysts have rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. Stage Stores presently has a consensus rating of “Hold” and a consensus price target of $8.68.

The company’s market cap is $164.04 million. The stock has a 50-day moving average price of $5.42 and a 200 day moving average price of $6.68.

Stage Stores (NYSE:SSI) last issued its quarterly earnings results on Thursday, May 19th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of ($0.47) by $0.09. The firm had revenue of $332.80 million for the quarter, compared to the consensus estimate of $348.05 million. The firm’s quarterly revenue was down 9.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.27) earnings per share. On average, equities research analysts expect that Stage Stores Inc. will post $0.20 EPS for the current fiscal year.

In other Stage Stores news, EVP Russ Lundy II purchased 6,000 shares of the firm’s stock in a transaction dated Wednesday, May 25th. The stock was bought at an average cost of $5.25 per share, with a total value of $31,500.00. Following the purchase, the executive vice president now directly owns 84,906 shares of the company’s stock, valued at $445,756.50. The acquisition was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Richard E. Stasyszen purchased 5,000 shares of the firm’s stock in a transaction dated Friday, May 20th. The shares were acquired at an average cost of $5.10 per share, with a total value of $25,500.00. Following the completion of the purchase, the senior vice president now directly owns 51,158 shares in the company, valued at $260,905.80. The disclosure for this purchase can be found here.

Several institutional investors have modified their holdings of SSI. Royce & Associates LLC boosted its position 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 in the last quarter. Mutual of America Capital Management LLC boosted its position 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 in the last quarter. Finally, First Trust Advisors LP boosted its position 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 in the last quarter.

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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