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EXPR

ExpressNYSE:EXPR Stock Report

Market Cap

US$278.0m

7D

-4.8%

1Y

439.6%

Updated

22 Oct, 2021

Data

Company Financials +
EXPR fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health0/6
Dividends0/6

EXPR Overview

Express, Inc. offers apparel and accessories for women and men for various occasions under the Express brand.

Express Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Express
Historical stock prices
Current Share PriceUS$4.15
52 Week HighUS$0.57
52 Week LowUS$13.97
Beta1.91
1 Month Change-21.40%
3 Month Change-8.79%
1 Year Change439.59%
3 Year Change-51.00%
5 Year Change-65.33%
Change since IPO-75.22%

Recent News & Updates

Aug 24

Express: I'm Not Buying It

Express has rallied over 500% as the retail sector came back booming after lockdowns were over and economy reopening took place. But these tailwinds are only temporary while headwinds are persistent and the company fundamentals don't call for this high valuation. I maintain a bearish stance on the industry and believe Express is overvalued. I await some more retail sector data to determine if the company is worth a short position.

Shareholder Returns

EXPRUS Specialty RetailUS Market
7D-4.8%2.3%1.7%
1Y439.6%40.6%30.3%

Return vs Industry: EXPR exceeded the US Specialty Retail industry which returned 43% over the past year.

Return vs Market: EXPR exceeded the US Market which returned 31.1% over the past year.

Price Volatility

Is EXPR's price volatile compared to industry and market?
EXPR volatility
EXPR Beta1.91
Industry Beta1.56
Market Beta1

Stable Share Price: EXPR is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: EXPR's weekly volatility has decreased from 43% to 11% over the past year, but is still higher than 75% of US stocks.

About the Company

FoundedEmployeesCEOWebsite
19806,500Tim Baxterhttps://www.express.com

Express, Inc. offers apparel and accessories for women and men for various occasions under the Express brand. The company sells its products through its eCommerce website, express.com; and mobile app, as well as franchisees Express locations in Latin America. As of January 30, 2021, it operated 570 stores in 46 states across the United States, as well as in Puerto Rico.

Express Fundamentals Summary

How do Express's earnings and revenue compare to its market cap?
EXPR fundamental statistics
Market CapUS$277.96m
Earnings (TTM)-US$178.71m
Revenue (TTM)US$1.56b

0.2x

P/S Ratio

-1.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EXPR income statement (TTM)
RevenueUS$1.56b
Cost of RevenueUS$895.60m
Gross ProfitUS$660.19m
ExpensesUS$838.90m
Earnings-US$178.71m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-2.67
Gross Margin42.43%
Net Profit Margin-11.49%
Debt/Equity Ratio-503.0%

How did EXPR perform over the long term?

See historical performance and comparison

Valuation

Is Express undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EXPR ($4.15) is trading below our estimate of fair value ($56.9)

Significantly Below Fair Value: EXPR is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: EXPR is unprofitable, so we can't compare its PE Ratio to the US Specialty Retail industry average.

PE vs Market: EXPR is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate EXPR's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: EXPR has negative assets, so we can't compare its PB Ratio to the US Specialty Retail industry average.


Future Growth

How is Express forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

17.6%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if EXPR's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if EXPR's earnings are forecast to grow faster than the US market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: EXPR's revenue (17.6% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: EXPR's revenue (17.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if EXPR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Express performed over the past 5 years?

-75.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EXPR is currently unprofitable.

Growing Profit Margin: EXPR is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: EXPR is unprofitable, and losses have increased over the past 5 years at a rate of 75.2% per year.

Accelerating Growth: Unable to compare EXPR's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: EXPR is unprofitable, making it difficult to compare its past year earnings growth to the Specialty Retail industry (158.2%).


Return on Equity

High ROE: EXPR's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Express's financial position?


Financial Position Analysis

Short Term Liabilities: EXPR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: EXPR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: EXPR has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: EXPR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: EXPR has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if EXPR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Dividend

What is Express's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate EXPR's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate EXPR's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EXPR's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EXPR's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EXPR's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Tim Baxter (52 yo)

2.33yrs

Tenure

US$2,344,188

Compensation

Mr. Timothy G. Baxter, also known as Tim, has been Chief Executive Officer and Director at Express, Inc. since June 17, 2019. He had been the Chief Executive Officer of Delta Galil Premium Brands at Delta...


CEO Compensation Analysis

Compensation vs Market: Tim's total compensation ($USD2.34M) is above average for companies of similar size in the US market ($USD1.08M).

Compensation vs Earnings: Insufficient data to compare Tim's compensation with company performance.


Leadership Team

Experienced Management: EXPR's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: EXPR's board of directors are considered experienced (5.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.3%.


Top Shareholders

Company Information

Express, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Express, Inc.
  • Ticker: EXPR
  • Exchange: NYSE
  • Founded: 1980
  • Industry: Apparel Retail
  • Sector: Retail
  • Market Cap: US$277.959m
  • Shares outstanding: 66.98m
  • Website: https://www.express.com

Number of Employees


Location

  • Express, Inc.
  • 1 Express Drive
  • Columbus
  • Ohio
  • 43230
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 23:02
End of Day Share Price2021/10/22 00:00
Earnings2021/07/31
Annual Earnings2021/01/30


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.