Guess (NYSE:GES) reached a new 52-week high and low during trading on Monday . The company traded as low as $24.73 and last traded at $24.46, with a volume of 417841 shares. The stock had previously closed at $24.24.
A number of research firms have recently commented on GES. ValuEngine raised Guess from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, May 2nd. Zacks Investment Research cut Guess from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 30th. Cowen reissued a “hold” rating and issued a $23.00 target price on shares of Guess in a research note on Tuesday, April 10th. Jefferies Group set a $17.00 price target on Guess and gave the company a “hold” rating in a report on Thursday, March 22nd. Finally, Telsey Advisory Group upped their price target on Guess from $17.00 to $18.00 and gave the company a “market perform” rating in a report on Thursday, March 22nd. Six investment analysts have rated the stock with a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus price target of $18.13.
The firm has a market cap of $2.02 billion, a PE ratio of 35.54, a price-to-earnings-growth ratio of 1.42 and a beta of 0.31. The company has a quick ratio of 1.45, a current ratio of 2.37 and a debt-to-equity ratio of 0.04.
Guess (NYSE:GES) last announced its quarterly earnings results on Wednesday, March 21st. The company reported $0.62 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.08. The firm had revenue of $792.00 million for the quarter, compared to the consensus estimate of $755.64 million. Guess had a positive return on equity of 6.18% and a negative net margin of 0.33%. The company’s quarterly revenue was up 17.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.41 earnings per share. equities analysts predict that Guess will post 0.99 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Friday, April 20th. Stockholders of record on Wednesday, April 4th were issued a dividend of $0.225 per share. This represents a $0.90 dividend on an annualized basis and a dividend yield of 3.59%. The ex-dividend date of this dividend was Tuesday, April 3rd. Guess’s payout ratio is currently 128.57%.
Several large investors have recently made changes to their positions in the company. Amundi Pioneer Asset Management Inc. bought a new position in Guess in the fourth quarter valued at about $133,000. Old Mutual Global Investors UK Ltd. bought a new position in Guess in the fourth quarter valued at about $157,000. Element Capital Management LLC bought a new position in Guess in the first quarter valued at about $222,000. Profund Advisors LLC bought a new position in Guess in the first quarter valued at about $227,000. Finally, Point72 Asia Hong Kong Ltd bought a new position in Guess in the first quarter valued at about $229,000. 80.87% of the stock is currently owned by hedge funds and other institutional investors.
Guess Company Profile
Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company's clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, knitwear, and intimate apparel.
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