Guess? Sees Unusually Large Options Volume (GES)

Guess?, Inc. (NYSE:GES) was the recipient of unusually large options trading on Tuesday. Stock traders acquired 902 put options on the company. This is an increase of approximately 767% compared to the typical volume of 104 put options.

A number of equities analysts have recently weighed in on GES shares. ValuEngine raised Guess? from a “hold” rating to a “buy” rating in a research note on Friday, February 8th. Jefferies Financial Group raised Guess? from a “hold” rating to a “buy” rating and set a $24.00 price objective for the company in a research note on Thursday, February 7th. Zacks Investment Research raised Guess? from a “hold” rating to a “buy” rating and set a $25.00 price objective for the company in a research note on Friday, November 30th. Finally, TheStreet lowered Guess? from a “b” rating to a “c+” rating in a research note on Thursday, November 29th. Two analysts have rated the stock with a hold rating, three have given 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 target price of $23.40.

In other news, Director Anthony Chidoni sold 12,000 shares of the company’s stock in a transaction dated Friday, December 21st. The stock was sold at an average price of $18.87, for a total value of $226,440.00. Following the completion of the transaction, the director now owns 172,290 shares of the company’s stock, valued at $3,251,112.30. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 31.30% of the company’s stock.

A number of institutional investors have recently made changes to their positions in the stock. PNC Financial Services Group Inc. boosted its stake in Guess? by 31.2% during the fourth quarter. PNC Financial Services Group Inc. now owns 2,516 shares of the company’s stock valued at $52,000 after buying an additional 598 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its stake in Guess? by 1.5% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 57,150 shares of the company’s stock valued at $1,187,000 after buying an additional 858 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in Guess? by 38.6% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,294 shares of the company’s stock valued at $89,000 after buying an additional 1,195 shares during the last quarter. Texas Permanent School Fund boosted its stake in Guess? by 4.0% during the fourth quarter. Texas Permanent School Fund now owns 37,122 shares of the company’s stock valued at $771,000 after buying an additional 1,435 shares during the last quarter. Finally, NumerixS Investment Technologies Inc bought a new position in Guess? during the fourth quarter valued at approximately $34,000. 69.91% of the stock is owned by institutional investors.

Shares of Guess? stock opened at $22.52 on Wednesday. Guess? has a 12 month low of $14.46 and a 12 month high of $26.95. The company has a market cap of $1.85 billion, a P/E ratio of 32.17, a PEG ratio of 0.92 and a beta of 0.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.93 and a quick ratio of 0.95.

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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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