Gordmans Stores Inc. (NASDAQ:GMAN) has received an average broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold rating.
Brokerages have set a 1 year consensus price objective of $2.63 for the company and are predicting that the company will post ($0.28) EPS for the current quarter, according to Zacks. Zacks has also assigned Gordmans Stores an industry rank of 184 out of 265 based on the ratings given to its competitors.
Separately, Zacks Investment Research lowered shares of Gordmans Stores from a “hold” rating to a “sell” rating in a research report on Tuesday, July 12th.
Gordmans Stores (NASDAQ:GMAN) opened at 0.822 on Friday. Gordmans Stores has a one year low of $0.77 and a one year high of $3.90. The stock’s market capitalization is $16.01 million. The company has a 50-day moving average of $1.09 and a 200-day moving average of $1.65.
Gordmans Stores (NASDAQ:GMAN) last posted its quarterly earnings data on Friday, August 19th. The company reported ($0.28) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.27) by $0.01. Gordmans Stores had a negative return on equity of 27.28% and a negative net margin of 1.48%. The firm earned $132.10 million during the quarter, compared to analysts’ expectations of $138.62 million. During the same period last year, the company earned ($0.09) earnings per share. The business’s revenue for the quarter was down 7.9% compared to the same quarter last year. On average, equities analysts forecast that Gordmans Stores will post ($0.59) EPS for the current fiscal year.
An institutional investor recently raised its position in Gordmans Stores stock. Spark Investment Management LLC increased its position in Gordmans Stores Inc. (NASDAQ:GMAN) by 17.0% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 75,600 shares of the company’s stock after buying an additional 11,000 shares during the period. Spark Investment Management LLC owned 0.39% of Gordmans Stores worth $170,000 at the end of the most recent reporting period. Institutional investors own 31.22% of the company’s stock.
Gordmans Stores Company Profile
Gordmans Stores, Inc is an everyday value price department store, operating as a hybrid of specialty, department store and off-price retailers. The Company’s merchandise assortment includes apparel and footwear for men, women and children, accessories, fragrances and home fashions. It offers products for women, baby and kids, juniors and men.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Gordmans Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gordmans Stores Inc. and related companies with MarketBeat.com's FREE daily email newsletter.