Express (EXPR) Scheduled to Post Earnings on Friday

Express (NYSE:EXPR – Get Rating) will issue its quarterly earnings data before the market opens on Friday, March 24th. Analysts expect the company to announce earnings of ($0.72) per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

Express Trading Up 2.1 %

NYSE:EXPR opened at $0.90 on Friday. The company has a market cap of $61.34 million, a price-to-earnings ratio of -1.87 and a beta of 1.78. Express has a twelve month low of $0.80 and a twelve month high of $4.02. The stock has a fifty day simple moving average of $1.07 and a 200-day simple moving average of $1.16.

Insider Buying and Selling at Express

In other Express news, Director Yehuda Shmidman purchased 5,434,783 shares of the firm’s stock in a transaction dated Wednesday, January 25th. The shares were acquired at an average price of $4.60 per share, with a total value of $25,000,001.80. Following the purchase, the director now directly owns 5,434,783 shares in the company, valued at approximately $25,000,001.80. The purchase was disclosed in a filing with the SEC, which is accessible through the SEC website. 6.10% of the stock is owned by company insiders.

Institutional Investors Weigh In On Express

Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. grew its holdings in shares of Express by 127,863.6% during the first quarter. JPMorgan Chase & Co. now owns 56,304 shares of the company’s stock worth $200,000 after purchasing an additional 56,260 shares during the last quarter. Citigroup Inc. grew its position in shares of Express by 59,933.3% during the first quarter. Citigroup Inc. now owns 61,234 shares of the company’s stock worth $218,000 after acquiring an additional 61,132 shares during the last quarter. Vanguard Group Inc. increased its holdings in shares of Express by 10.9% in the 1st quarter. Vanguard Group Inc. now owns 3,115,305 shares of the company’s stock valued at $11,090,000 after acquiring an additional 307,438 shares during the period. XTX Topco Ltd purchased a new stake in Express in the 1st quarter valued at $62,000. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Express by 20.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 445,632 shares of the company’s stock worth $1,586,000 after purchasing an additional 76,751 shares during the period. Hedge funds and other institutional investors own 48.19% of the company’s stock.

Analyst Upgrades and Downgrades

EXPR has been the topic of several analyst reports. TheStreet lowered shares of Express from a “c-” rating to a “d” rating in a report on Thursday, December 8th. StockNews.com began coverage on shares of Express in a report on Thursday. They issued a “sell” rating on the stock.

Express Company Profile

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Express, Inc is a dual gender apparel and accessories brand. It operates retail and outlet stores in the United States and Puerto Rico, located primarily in high-traffic shopping malls, lifestyle centers, outlet centers, and street locations. The company reports results as a single segment, which includes the operation of its Express brick-and-mortar retail and outlet stores, eCommerce operations, and franchise operations.