The Stage Stores Inc. (NYSE:SSI) is going up by 5.99% in today’s trading session, a rise equivalent to 0.42% of the stock’s price from yesterday’s market close. A news came out on 11/21/19 stating that Stage Stores Reports 17.4% Comparable Sales Increase for the Third Quarter, Raises Fiscal 2019 Guidance by WSJ. The lowest point that the shares touched during the trading session was $5.80, while the peak of the day was recorded at a share price of $7.25. SSI finished the previous session at $7.09 according to the data provided by Barchart, while the trading volume was observed to be $1542595.
In the 100 days of trading, SSI managed to top a 1.95% Moving average. Additionally, Stage Stores Inc. shares have achieved a 52-week range between 0.55 and 7.25 alongside 100 days raw stochastic set at 97.70%.
The number of shares outstanding, according to the fundamentals of the company, is set at 28.00M, equal to the value of $198.52M in market capitalization. In the last 30 days, Stage Stores Inc. shares went down by -2.11%, adding 7.60 to growth in value, on top of a +302.16% boost since 11/08/19.
Stage Stores Inc. (NYSE:SSI) Analyst’s Estimates
According to the average analyst rating, Stage Stores Inc. would be rated as Sell. Out of 1 different analysts monitoring SSI stock, 0 analysts rate the stock as a BUY, 0 suggest to give the rating of HOLD, 0 indicate that SSI is an OVERWEIGHT, 1 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On May 12, 2017, the stock earned a Downgrade rating due to a new analyst call from Johnson Rice, while analysts from Johnson Rice believe that the stock is set at Accumulate from Hold, as concluded on April 03, 2017. Northcoast, is still rather wary about the stock, deciding to keep the rating at Neutral as confirmed through a call on February 07, 2017.
Telsey Advisory Group, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on August 19, 2016, giving the stock a Market Perform rating.
SSI Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +23.97% has been attained, while the operating margin has been recorded at -3.91%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at -10.98%. Beta value of the stock is recorded at 1.71. Additionally, Stage Stores Inc. is recording price volatility of 17.34% for the period of the last seven days and 17.74% in the last 30 days.
Stage Stores Inc. (NYSE:SSI) Technical Outlook
For the period of the last 50 days, Stage Stores Inc. had its Raw Stochastic average set at 97.44% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 97.22%. Stochastic %K for Stage Stores Inc., with the last 20 days included, was set at 96.34%, having Stochastic %D topping 94.39%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for Stage Stores Inc. stocks with recording 858.11% in metrics.
Stage Stores Inc. Insider Watch:
Similarly, 56.13% of the company’s float is held by institutions – and there are 53 institutions in total holding shares of this company. The top three institutional holders of SSI stocks are: Axar Capital Manasgement L.P. with ownership of $8.08 million, which is approximately 4300000 of the company’s shares; Paradigm Capital Management, holding 2400000 shares of the stock with an approximate value of $4.51 million; and Royce & Associates LP, currently with more than 1896058 shares of the company valued at $3.56 million. Positions in Stage Stores Inc. stocks held by institutional investors has been changing actively in the past six months, a period during which there were 27 insider purchases amounting to 729922 shares.