Press coverage about Guess? (NYSE:GES) has been trending somewhat positive recently, Accern reports. The research firm rates the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Guess? earned a media sentiment score of 0.14 on Accern’s scale. Accern also gave news coverage about the company an impact score of 45.6639610429409 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Shares of Guess? (NYSE:GES) traded up 0.12% during mid-day trading on Thursday, reaching $17.01. The company had a trading volume of 806,754 shares. Guess? has a 52-week low of $9.56 and a 52-week high of $17.54. The company has a market capitalization of $1.42 billion, a PE ratio of 157.50 and a beta of 0.44. The company’s 50-day moving average price is $16.33 and its 200-day moving average price is $13.26.
Guess? (NYSE:GES) last released its quarterly earnings data on Wednesday, August 23rd. The company reported $0.19 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.10 by $0.09. Guess? had a net margin of 0.43% and a return on equity of 4.14%. The business had revenue of $573.69 million during the quarter, compared to analysts’ expectations of $559.82 million. During the same period in the prior year, the company earned $0.14 EPS. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. On average, analysts forecast that Guess? will post $0.59 earnings per share for the current fiscal year.
A number of brokerages have recently issued reports on GES. BidaskClub downgraded Guess? from a “buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Standpoint Research downgraded Guess? from a “buy” rating to a “hold” rating and set a $13.91 price target for the company. in a research report on Wednesday, August 9th. Zacks Investment Research downgraded Guess? from a “buy” rating to a “hold” rating in a research report on Tuesday, August 8th. Jefferies Group LLC set a $11.00 price target on Guess? and gave the stock a “hold” rating in a research report on Wednesday, August 16th. Finally, FBR & Co started coverage on Guess? in a research report on Tuesday, July 11th. They set an “outperform” rating and a $16.00 price target for the company. One analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. Guess? has an average rating of “Hold” and an average price target of $13.77.
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In other news, Director Kay Isaacson-Leibowitz sold 6,000 shares of the company’s stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $16.03, for a total value of $96,180.00. Following the sale, the director now directly owns 42,433 shares of the company’s stock, valued at approximately $680,200.99. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 29.60% of the company’s stock.
Guess? Company Profile
Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America.
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