Fashion retail company Express posted a loss narrower than anticipated by analysts for its fiscal first quarter . The company also surpassed revenue estimates.
Express quarterly net loss came in at -55 cents per share, vs. loss of -58 cents expected by analysts. Revenue surged +64% year-over-year to $345.8 million, compared to analysts’ expectation of $323 million.
Same-store sales climbed +11%, but was below the FactSet consensus estimate of +59.1% growth. Ecommerce demand increased over +40% and comparable outlet store sales dropped -19%. Express is expecting same-store sales to rise sequentially throughout the year.
Gross margin rose to 22.8% of net sales, vs. - 22.0% a year ago.
Express stock has surged 615.4% year to date through Wednesday, amid the frenzy surrounding meme stocks.
EXPR may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In of 33 cases where EXPR's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are .
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where EXPR's RSI Oscillator exited the oversold zone, of 38 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 62 cases where EXPR's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Momentum Indicator moved above the 0 level on April 18, 2024. You may want to consider a long position or call options on EXPR as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where EXPR advanced for three days, in of 235 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator for EXPR entered a downward trend on April 12, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.058) is normal, around the industry mean (3.862). P/E Ratio (0.042) is within average values for comparable stocks, (100.955). EXPR's Projected Growth (PEG Ratio) (0.000) is very low in comparison to the industry average of (1.444). EXPR has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.027). P/S Ratio (0.005) is also within normal values, averaging (2.003).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. EXPR’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. EXPR’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 77, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a specialty apparel and accessory retailer
Industry ApparelFootwearRetail