Stage Stores (SSI) Posts Quarterly Results

Share on StockTwits

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.

Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.

Latest News

IGM Financial Inc. Declares Dividend of C$0.49
IGM Financial Inc. Declares Dividend of C$0.49
Schools In Northern Iraq Sheltering Refugees Instead Of Teaching Children
Schools In Northern Iraq Sheltering Refugees Instead Of Teaching Children
Crest Nicholson Holdings PLC Receives Consensus Recommendation of “Buy” from Analysts
Crest Nicholson Holdings PLC Receives Consensus Recommendation of “Buy” from Analysts
Turkish Hostages Released After Months of Being Held
Turkish Hostages Released After Months of Being Held
Iron Mountain Given Consensus Recommendation of “Hold” by Brokerages
Iron Mountain Given Consensus Recommendation of “Hold” by Brokerages
Oasis Petroleum Given Consensus Recommendation of “Buy” by Analysts
Oasis Petroleum Given Consensus Recommendation of “Buy” by Analysts


Leave a Reply

 
© 2006-2014 Mideast Time.