NYSE:EXPR

Stock Analysis Report

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Executive Summary

Express, Inc. operates as an apparel and accessories retailer. More Details


Snowflake Analysis

Fair value with concerning outlook.


Similar Companies

Share Price & News

How has Express's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EXPR's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-20.6%

EXPR

-8.1%

US Specialty Retail

-5.3%

US Market


1 Year Return

-81.5%

EXPR

12.8%

US Specialty Retail

10.4%

US Market

Return vs Industry: EXPR underperformed the US Specialty Retail industry which returned 15.3% over the past year.

Return vs Market: EXPR underperformed the US Market which returned 12% over the past year.


Shareholder returns

EXPRIndustryMarket
7 Day-20.6%-8.1%-5.3%
30 Day-23.3%-6.1%-2.1%
90 Day-39.5%4.5%1.7%
1 Year-81.5%-81.5%13.9%12.8%12.9%10.4%
3 Year-90.9%-90.9%73.5%65.9%34.3%25.4%
5 Year-96.8%-96.8%54.6%42.6%73.7%54.3%

Price Volatility Vs. Market

How volatile is Express's share price compared to the market and industry in the last 5 years?


Simply Wall St News

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 ($0.61) is trading below our estimate of fair value ($3.39)

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 is good value based on its PB Ratio (0.3x) compared to the US Specialty Retail industry average (1.8x).


Next Steps

Future Growth

How is Express forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

14.5%

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 (2.2%).

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 (14.5% per year) is forecast to grow faster than the US market (10% per year).

High Growth Revenue: EXPR's revenue (14.5% 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


Next Steps

Past Performance

How has Express performed over the past 5 years?

-80.0%

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 80% 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 (6%).


Return on Equity

High ROE: EXPR has a negative Return on Equity (-273.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Express's financial position?


Financial Position Analysis

Short Term Liabilities: EXPR's short term assets ($565.9M) exceed its short term liabilities ($528.1M).

Long Term Liabilities: EXPR's short term assets ($565.9M) do not cover its long term liabilities ($1.0B).


Debt to Equity History and Analysis

Debt Level: EXPR's debt to equity ratio (110.8%) is considered high.

Reducing Debt: EXPR's debt to equity ratio has increased from 0% to 110.8% over the past 5 years.

Debt Coverage: EXPR's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if EXPR's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

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?

1.0yrs

Average management tenure


CEO

Tim Baxter (51 yo)

1.25yrs

Tenure

US$7,050,387

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 ($USD7.05M) is above average for companies of similar size in the US market ($USD593.13K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Timothy Baxter
CEO & Director1.25yrsUS$7.05mno data
Matthew Moellering
President & COO1yrUS$1.60m0.51%
$ 206.5k
Periclis Pericleous
CFO, Senior VP & Treasurer5.25yrsUS$936.36k0.12%
$ 49.9k
Sara Tervo
Executive VP & Chief Marketing Officer1yrUS$1.11m0.030%
$ 12.2k
Malissa Akay
Executive VP & Chief Merchandising Officer1yrUS$1.44m0.039%
$ 15.9k
Dan Aldridge
Vice President of investor Relationsno datano datano data
Melinda McAfee
Senior VPno datano datano data
Alysa Spittle
Director of Communicationsno datano datano data

1.0yrs

Average Tenure

51yo

Average Age

Experienced Management: EXPR's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Timothy Baxter
CEO & Director1.25yrsUS$7.05mno data
Michael Devine
Independent Director10.42yrsUS$215.00k0.11%
$ 43.6k
Terry Davenport
Independent Director3.83yrsUS$210.00k0.055%
$ 22.5k
Mylle Bell Mangum
Chairman & Lead Independent Director4.25yrsUS$360.00k0.13%
$ 51.5k
Michael Archbold
Independent Director8.75yrsUS$225.00k0.10%
$ 41.0k
Michael Weiss
Chairman Emeritus4.25yrsUS$24.88kno data
Peter Swinburn
Independent Director8.58yrsUS$230.00k0.10%
$ 41.0k
Karen Leever
Independent Director4.17yrsUS$210.00k0.058%
$ 23.7k
Winifred Park
Independent Director2.25yrsUS$207.50k0.018%
$ 7.5k

4.3yrs

Average Tenure

62yo

Average Age

Experienced Board: EXPR's board of directors are considered experienced (4.3 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Express, Inc.'s company bio, 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$40.582m
  • Shares outstanding: 64.84m
  • Website: https://www.express.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EXPRNYSE (New York Stock Exchange)YesCommon SharesUSUSDMay 2010
02ZDB (Deutsche Boerse AG)YesCommon SharesDEEURMay 2010
0IJULSE (London Stock Exchange)YesCommon SharesGBUSDMay 2010

Biography

Express, Inc. operates as an apparel and accessories retailer. It offers apparel and accessories for women and men for various occasions. The company sells its products through its e-commerce Website, expr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 00:53
End of Day Share Price2020/10/30 00:00
Earnings2020/08/01
Annual Earnings2020/02/01


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.