Stage Stores (SSI) Posts Quarterly Results

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Stage Stores (NYSE:SSI) announced its earnings results on Thursday. The company reported $0.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.53 by $0.08, StockRatingsNetwork reports. The company had revenue of $377.00 million for the quarter, compared to the consensus estimate of $397.60 million. During the same quarter in the previous year, the company posted $0.41 earnings per share.

On a related note, analysts at Zacks upgraded shares of Stage Stores from an “underperform” rating to a “neutral” rating in a research note on Wednesday, July 23rd. They now have a $19.20 price target on the stock. Six research analysts have rated the stock with a hold rating and one has given a buy rating to the company. Stage Stores presently has an average rating of “Hold” and an average target price of $22.20.

Stage Stores (NYSE:SSI) opened at 18.50 on Thursday. Stage Stores has a one year low of $17.63 and a one year high of $25.39. The stock has a 50-day moving average of $18.55 and a 200-day moving average of $20.12. The company has a market cap of $586.9 million and a P/E ratio of 133.93.

Stage Stores, Inc (NYSE:SSI) is a Houston, Texas-based retailer, which operates both department stores and off-price stores.

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