Tag: Express

  • Services Sector Touching New Lows: Aeropostale (NYSE:ARO), Express (NYSE:EXPR), NewLead Holdings (NASDAQ:NEWL), Body Central (NASDAQ:BODY)

    Aeropostale Inc (NYSE:ARO) reported very dismal results for the Q4 of its financial year 2013 that ended 1 February 2014. The retailer reported the company’s 5th consecutive quarterly- loss, announcing losses that stood at $70.3M, or 90 cents/share, on a revenue of $670M for the quarter. Analysts, had projected a loss of 31 cents/ share on a revenue of $683.8M for 4QFY13.Aeropostale Inc (NYSE:ARO)’s financials for the quarter also mark much widening losses in comparison to the same quarter of last year. Aeropostale Inc (NYSE:ARO) shares after opening at $5.83 moved to $5.84 on last trade day and at the end of the day closed at $5.62. Company price to sales ratio in past twelve months was calculated as 0.20 and price to cash ratio as 6.49. Aeropostale Inc (NYSE:ARO) showed a negative weekly performance of -19.71%.

    Shares of Express, Inc. (NYSE:EXPR) declined 12.0% after announcing fourth quarter earnings per share of $0.57, missing the Zacks Consensus Estimate of $0.59. Express, Inc. (NYSE:EXPR) shares advanced 0.97% in last trading session and ended the day on $15.64. EXPR return on equity ratio is recorded as 38.50% and its return on assets is 14.80%.  Express, Inc. (NYSE:EXPR) yearly performance is -14.11%.

    NewLead Holdings Ltd. (NASDAQ:NEWL) announced that on March 4, 2014, it completed the issuance of $25.0 million in Perpetual Series A Preferred Shares (“Preferred Shares”) to an institutional investor under a share subscription agreement (“Agreement”). The preferred shares can be redeemed by the Company or converted by the purchaser in common shares. NewLead Holdings Ltd (NASDAQ:NEWL) shares moved down -15.99% in last trading session and was closed at $2.89 while trading in range of $2.83 – $3.56 – NewLead Holdings Ltd (NASDAQ:NEWL) year to date (YTD) performance is -83.67%.

    Body Central Corp (NASDAQ:BODY) is not looking attractive. Not that the stock has been any attractive in recent times, but the current downtrend drives an important point home. The stock is now full or worries than hope and there is no better way to say that than looking at how far it now stands from its 52-week high point. Body Central Corp (NASDAQ:BODY) weekly performance is -28.76%. On last trading day company shares ended up $2.18.  Body Central Corp (NASDAQ:BODY) distance from 50-day simple moving average (SMA50) is -35.01%. Analysts mean target price for the company is $4.25.