Express (EXPR) Moving On Heavy Pre-Market Trading

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Express ( EXPR) as a pre-market mover with heavy volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Express as such a stock due to the following factors:

  • EXPR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $20.8 million.
  • EXPR traded 300,652 shares today in the pre-market hours as of 8:19 AM, representing 28.4% of its average daily volume.

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More details on EXPR:

Express, Inc. operates as a specialty apparel and accessory retailer primarily in the United States. Its stores provide apparel and accessories for women and men between 20 and 30 years old across various aspects of the lifestyles comprising work, casual, jeanswear, and going-out occasions. EXPR has a PE ratio of 16.1. Currently there are 7 analysts that rate Express a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Express has been 819,900 shares per day over the past 30 days. Express has a market cap of $2.1 billion and is part of the services sector and retail industry. The stock has a beta of 1.66 and a short float of 5.2% with 3.92 days to cover. Shares are up 62% year-to-date as of the close of trading on Monday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Express as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.

Highlights from the ratings report include:
  • Investors have apparently begun to recognize positive factors similar to those we have mentioned in this report, including earnings growth. This has helped drive up the company's shares by a sharp 89.45% over the past year, a rise that has exceeded that of the S&P 500 Index. Regarding the stock's future course, although almost any stock can fall in a broad market decline, EXPR should continue to move higher despite the fact that it has already enjoyed a very nice gain in the past year.
  • Despite its growing revenue, the company underperformed as compared with the industry average of 9.0%. Since the same quarter one year prior, revenues slightly increased by 6.9%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • Net operating cash flow has slightly increased to $31.17 million or 8.76% when compared to the same quarter last year. In addition, EXPRESS INC has also modestly surpassed the industry average cash flow growth rate of 7.35%.
  • EXPRESS INC has improved earnings per share by 11.1% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, EXPRESS INC increased its bottom line by earning $1.60 versus $1.58 in the prior year. This year, the market expects earnings to be in line with last year ($1.60 versus $1.60).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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