Express Inc. (NYSE:EXPR) posted its quarterly earnings results on Thursday. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by $0.02. The company earned $506.10 million during the quarter, compared to analyst estimates of $497.26 million. Express had a return on equity of 18.62% and a net margin of 4.55%. During the same quarter in the prior year, the business earned $0.31 earnings per share.

Shares of Express (NYSE:EXPR) opened at 13.36 on Thursday. The firm has a 50-day moving average of $12.71 and a 200 day moving average of $13.62. The firm has a market cap of $1.05 billion, a PE ratio of 10.33 and a beta of 1.59. Express has a 52-week low of $11.28 and a 52-week high of $21.57.

Earnings History for Express (NYSE:EXPR)

Institutional investors have recently added to or reduced their stakes in the stock. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Express by 486.1% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 9,548 shares of the company’s stock valued at $113,000 after buying an additional 7,919 shares during the period. Emerald Acquisition Ltd. acquired a new position in Express during the second quarter valued at approximately $114,000. Capital Fund Management S.A. acquired a new position in Express during the third quarter valued at approximately $136,000. US Bancorp DE increased its position in Express by 23.2% in the second quarter. US Bancorp DE now owns 10,052 shares of the company’s stock valued at $146,000 after buying an additional 1,896 shares during the period. Finally, Phoenix Investment Adviser LLC acquired a new position in Express during the third quarter valued at approximately $147,000. Institutional investors and hedge funds own 99.75% of the company’s stock.

Several research firms have issued reports on EXPR. Nomura decreased their price target on shares of Express from $17.00 to $14.00 and set a “buy” rating on the stock in a research report on Thursday, August 25th. Argus restated a “hold” rating on shares of Express in a research report on Thursday, August 25th. Piper Jaffray Cos. lowered shares of Express from an “overweight” rating to a “neutral” rating in a research report on Wednesday, August 24th. MKM Partners decreased their price target on shares of Express from $15.00 to $13.00 and set a “neutral” rating on the stock in a research report on Thursday, August 25th. Finally, Deutsche Bank AG lowered shares of Express from a “buy” rating to a “hold” rating and decreased their price target for the stock from $19.00 to $12.00 in a research report on Wednesday, August 24th. One research analyst has rated the stock with a sell rating, thirteen have issued a hold rating and four have given a buy rating to the company’s stock. Express currently has an average rating of “Hold” and an average price target of $16.53.

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Express Company Profile

Express, Inc is a specialty apparel and accessories retailer offering both women’s and men’s merchandise, targeting the 20 to 30 year old customer. The Company offers an assortment of fashionable apparel and accessories to address fashion needs across multiple aspects of lifestyles, including work, casual, jeans wear and going-out occasions.

5 Day Chart for NYSE:EXPR

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