Stage Stores, Inc. (SSI) Set to Announce Earnings on Wednesday
Stage Stores, Inc. (NYSE:SSI) will be releasing its earnings data before the market opens on Wednesday, November 15th. Analysts expect Stage Stores to post earnings of ($0.69) per share for the quarter.
Stage Stores (NYSE:SSI) last issued its earnings results on Thursday, August 17th. The company reported ($0.15) EPS for the quarter, missing the consensus estimate of ($0.04) by ($0.11). The business had revenue of $377.10 million for the quarter, compared to the consensus estimate of $374.78 million. Stage Stores had a negative net margin of 3.27% and a negative return on equity of 7.78%. The business’s revenue was up 11.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.03 EPS. On average, analysts expect Stage Stores to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
Shares of Stage Stores, Inc. (NYSE:SSI) opened at $1.98 on Tuesday. Stage Stores, Inc. has a 1 year low of $1.45 and a 1 year high of $5.88. The company has a current ratio of 2.73, a quick ratio of 0.44 and a debt-to-equity ratio of 0.64.
A number of analysts recently commented on SSI shares. Zacks Investment Research upgraded shares of Stage Stores from a “hold” rating to a “buy” rating and set a $2.00 price objective for the company in a research report on Thursday, October 5th. ValuEngine upgraded shares of Stage Stores from a “strong sell” rating to a “sell” rating in a research report on Friday, September 1st. Finally, B. Riley restated a “sell” rating and issued a $1.00 price objective on shares of Stage Stores in a research report on Wednesday, August 23rd. Two equities research analysts have rated the stock with a sell rating and three have given a hold rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $2.00.
About Stage Stores
Stage Stores, Inc operates specialty department stores mainly in small and mid-sized towns and communities. The Company’s department stores offer a range of brand name and private label apparel, accessories, cosmetics, footwear and home goods. The Company operates approximately 830 specialty department stores in over 40 states under the BEALLS, GOODY’S, PALAIS ROYAL, PEEBLES and STAGE nameplates and a direct-to-consumer business.
Receive News & Ratings for Stage Stores Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stage Stores Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.