Shares of Stage Stores Inc. (NYSE:SSI) traded down 1.9% during trading on Monday . The company traded as low as $6.10 and last traded at $6.11, with a volume of 147,149 shares changing hands. The stock had previously closed at $6.23.

A number of analysts have recently commented on the company. Zacks Investment Research upgraded Stage Stores from a “sell” rating to a “hold” rating in a research report on Thursday, May 5th. Sterne Agee CRT restated a “neutral” rating on shares of Stage Stores in a research report on Monday, May 16th. B. Riley restated a “neutral” rating and issued a $4.80 price objective on shares of Stage Stores in a research report on Wednesday, May 25th. TheStreet lowered Stage Stores from a “hold” rating to a “sell” rating in a research note on Friday, June 10th. Finally, Telsey Advisory Group lowered their price target on Stage Stores from $7.50 to $5.25 and set a “market perform” rating on the stock in a research note on Friday, May 20th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of $8.68.

The firm has a 50-day moving average price of $5.52 and a 200-day moving average price of $6.63. The company’s market cap is $164.58 million.

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

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

A hedge fund recently raised its stake in Stage Stores stock. Royce & Associates LLC increased its position in Stage Stores Inc. (NYSE:SSI) by 164.3% during the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 626,600 shares of the company’s stock after buying an additional 389,500 shares during the period. Royce & Associates LLC owned 2.05% of Stage Stores worth $5,708,000 as of its most recent filing with the SEC.

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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