Equities analysts expect that Guess?, Inc. (NYSE:GES) will post earnings per share (EPS) of ($0.24) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for Guess?’s earnings, with the lowest EPS estimate coming in at ($0.25) and the highest estimate coming in at ($0.22). Guess? also posted earnings per share of ($0.24) in the same quarter last year. The company is scheduled to issue its next earnings results on Wednesday, May 23rd.
On average, analysts expect that Guess? will report full year earnings of $0.96 per share for the current year, with EPS estimates ranging from $0.95 to $0.97. For the next year, analysts expect that the firm will report earnings of $1.23 per share, with EPS estimates ranging from $1.21 to $1.24. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that follow Guess?.
Guess? (NYSE:GES) last announced its quarterly earnings results on Wednesday, March 21st. The company reported $0.62 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.08. Guess? had a positive return on equity of 6.18% and a negative net margin of 0.33%. The firm had revenue of $792.00 million during the quarter, compared to analyst estimates of $755.64 million. During the same quarter in the previous year, the business earned $0.41 EPS. Guess?’s revenue for the quarter was up 17.5% compared to the same quarter last year.
GES has been the subject of several research reports. Zacks Investment Research upgraded Guess? from a “hold” rating to a “buy” rating and set a $19.00 price objective for the company in a research note on Thursday, January 11th. B. Riley reiterated a “hold” rating and set a $17.00 price objective on shares of Guess? in a research note on Tuesday, January 9th. Finally, KeyCorp reiterated a “sector weight” rating on shares of Guess? in a research note on Tuesday, February 20th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $17.42.
NYSE:GES traded down $0.14 during trading hours on Friday, hitting $22.68. 1,141,390 shares of the stock were exchanged, compared to its average volume of 2,714,487. Guess? has a 52-week low of $9.56 and a 52-week high of $23.20. The company has a current ratio of 2.37, a quick ratio of 1.45 and a debt-to-equity ratio of 0.04. The firm has a market cap of $1,877.49, a P/E ratio of 32.40, a price-to-earnings-growth ratio of 1.36 and a beta of 0.35.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 20th. Shareholders of record on Wednesday, April 4th will be paid a dividend of $0.225 per share. The ex-dividend date is Tuesday, April 3rd. This represents a $0.90 annualized dividend and a yield of 3.97%. Guess?’s dividend payout ratio (DPR) is currently 128.57%.
Several hedge funds have recently bought and sold shares of the company. Geode Capital Management LLC grew its position in shares of Guess? by 0.8% in the fourth quarter. Geode Capital Management LLC now owns 500,533 shares of the company’s stock valued at $8,448,000 after purchasing an additional 3,832 shares in the last quarter. Augustine Asset Management Inc. grew its position in shares of Guess? by 3.9% in the fourth quarter. Augustine Asset Management Inc. now owns 112,700 shares of the company’s stock valued at $1,902,000 after purchasing an additional 4,224 shares in the last quarter. Legal & General Group Plc grew its position in shares of Guess? by 2.3% in the third quarter. Legal & General Group Plc now owns 188,205 shares of the company’s stock valued at $3,208,000 after purchasing an additional 4,309 shares in the last quarter. Suntrust Banks Inc. grew its position in shares of Guess? by 2.7% in the fourth quarter. Suntrust Banks Inc. now owns 183,797 shares of the company’s stock valued at $3,102,000 after purchasing an additional 4,751 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. purchased a new stake in shares of Guess? in the fourth quarter valued at approximately $133,000. Institutional investors and hedge funds own 82.39% of the company’s stock.
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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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