Noteworthy Stocks to Watch for: Valley National Bancorp (NYSE:VLY), Express, Inc. (NYSE:EXPR)

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Valley National Bancorp (NYSE:VLY)

Valley National Bancorp is a bank holding company whose principal subsidiary is Valley National Bank. Valley National Bank provides a full range of commercial and retail banking services through branch offices located in northern New Jersey. These services include the following: the acceptance of demand, savings and time deposits; extension of consumer, real estate, Small Business Administration and other commercial credits; title insurance; investment services; and full personal and corporate trust, as well as pension and fiduciary services.

Valley National Bancorp (NYSE:VLY)’s Financial Overview

Valley National Bancorp (NYSE) surged 0% yesterday to close its trading session at $10.31. The company has 1 year Price Target of $11.8. Valley National Bancorp has 52-Week high of $13.38 and 52-Week Low of $9.32. The stock touched its 52-Week High on 13.38 and 52-Week Low on 9.32. The stock traded with the volume of 0 shares yesterday. The firm shows the market capitalization of $3.35 Billion.

Valley National Bancorp (NYSE) reported its last quarterly earnings on 9/29/2018 where the firm reported its Actual EPS of $0.21/share against the analyst consensus estimate of $0.23/share. The difference between the actual and expected EPS is $-0.02 a share with a surprise factor of -8.7%.

The firm is trading with SMA20 of 0.97 Percent, SMA50 of -1.74 Percent and SMA200 of -13.83 percent. Valley National Bancorp has P/S value of 3.15 while its P/B value stands at 1.11. Similarly, the company has Return on Assets of 0.7 percent, Return on Equity of 6.9 percent and Return on Investment of 22.1 Percent. The company shows Gross Margin and Operating Margin of 0 percent and 73.2 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.5 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 10 analysts offering 12-month price forecasts for Valley National Bancorp have a median target of 11.75, with a high estimate of 13.00 and a low estimate of 10.00. The median estimate represents a +13.97% increase from the last price of 10.31.

Valley National Bancorp is estimated to report earnings on 01/24/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 4 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.22. The reported EPS for the same quarter last year was $0.18.

Express, Inc. (NYSE:EXPR)

Express, Inc. is a specialty retailer of women’s and men’s apparel in the United States. The Company operates retail outlets in high-traffic shopping malls, lifestyle centers and street locations across the United States. It also sells its products through its e-commerce website, express.com. Express targets women and men between 20 and 30 years of age. The Company offers its customers an edited assortment of apparel and accessories to address fashion needs across multiple aspects of their lifestyles, including work, casual and going-out occasions. Express, Inc. is headquartered in Columbus, Ohio.

Express, Inc. (NYSE:EXPR)’s Financial Outlook

The 4 analysts offering 12-month price forecasts for Express Inc have a median target of 9.50, with a high estimate of 10.00 and a low estimate of 8.00. The median estimate represents a +53.47% increase from the last price of 6.19.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Express, Inc. has a Consensus Recommendation of 3. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0% and closed its last trading session at $6.19. The company has the market capitalization of $495.01 Million. The stock has 52-week high of $11.69 and 52-Week low of $5.66. The firm touched its 52-Week high on 11.69 and 52-Week low on 5.66. The company has volume of 0 shares. The company has a total of 79.97 Million shares outstanding.

Express, Inc. (NYSE) in the last quarter reported its actual EPS of $0.11/share where the analyst estimated EPS was $0.1/share. The difference between the actual and Estimated EPS is $0.01. This shows a surprise factor of 10 percent.

The company has YTD performance of -39.01 percent. Beta for Express, Inc. stands at 1.05 while its ATR (average true range) is 0.51. The company has Weekly Volatility of 11.75%% and Monthly Volatility of 6.70%%.

Express, Inc. has distance from 20-day Simple Moving Average (SMA20) of -22.61%, Distance from 50-Day Simple Moving Average of -29.3 percent and Distance from 200-Day Simple Moving Average of -30.76%.

The Company currently has ROA (Return on Assets) of 2 percent, Return on Equity (ROE) of 3.8 Percent and Return on Investment (ROI) of 2.8% with Gross margin of 29.8 percent and Operating & Profit margin of 1.9% and 1.1% respectively.

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