Guess? (NYSE:GES) Updates FY 2025 Earnings Guidance

Guess? (NYSE:GES) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.560-3.000 for the period, compared to the consensus earnings per share estimate of 2.920. The company issued revenue guidance of $3.1 billion-$3.2 billion, compared to the consensus revenue estimate of $2.8 billion. Guess? also updated its FY25 guidance to $2.56-3.00 EPS.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GES. B. Riley reiterated a buy rating and issued a $33.00 target price (up from $31.00) on shares of Guess? in a research note on Wednesday, February 21st. Telsey Advisory Group restated a market perform rating and set a $23.00 target price on shares of Guess? in a research report on Friday, March 15th. Jefferies Financial Group reaffirmed a hold rating and issued a $24.00 price target (down previously from $25.00) on shares of Guess? in a report on Thursday, January 4th. Finally, StockNews.com lowered Guess? from a buy rating to a hold rating in a report on Wednesday, November 22nd. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of Hold and a consensus target price of $25.50.

Guess? Price Performance

GES stock traded up $0.79 during mid-day trading on Wednesday, hitting $25.95. 1,713,483 shares of the stock were exchanged, compared to its average volume of 855,906. The business has a fifty day moving average price of $24.00 and a 200 day moving average price of $22.98. Guess? has a 12 month low of $17.21 and a 12 month high of $26.25. The company has a debt-to-equity ratio of 0.72, a current ratio of 1.47 and a quick ratio of 0.80. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 9.94 and a beta of 1.96.

Guess? (NYSE:GES) last released its earnings results on Wednesday, March 20th. The company reported $2.01 earnings per share for the quarter, topping analysts’ consensus estimates of $1.55 by $0.46. Guess? had a return on equity of 29.94% and a net margin of 6.61%. The company had revenue of $891.05 million during the quarter, compared to the consensus estimate of $855.54 million. During the same quarter in the previous year, the company posted $1.74 EPS. Guess?’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, sell-side analysts anticipate that Guess? will post 2.71 EPS for the current year.

Guess? Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 3rd. Shareholders of record on Wednesday, April 17th will be given a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a yield of 4.62%. Guess?’s payout ratio is 45.98%.

Insider Activity

In related news, insider Paul Marciano sold 300,000 shares of the stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $23.55, for a total transaction of $7,065,000.00. Following the completion of the sale, the insider now directly owns 4,325,109 shares in the company, valued at approximately $101,856,316.95. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, major shareholder Maurice Marciano sold 600,000 shares of the business’s stock in a transaction dated Thursday, December 21st. The stock was sold at an average price of $23.55, for a total transaction of $14,130,000.00. Following the transaction, the insider now owns 1,200,000 shares in the company, valued at approximately $28,260,000. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Paul Marciano sold 300,000 shares of the stock in a transaction that occurred on Thursday, December 21st. The stock was sold at an average price of $23.55, for a total value of $7,065,000.00. Following the completion of the sale, the insider now owns 4,325,109 shares of the company’s stock, valued at approximately $101,856,316.95. The disclosure for this sale can be found here. Insiders own 41.00% of the company’s stock.

Hedge Funds Weigh In On Guess?

Several hedge funds have recently made changes to their positions in GES. PNC Financial Services Group Inc. increased its position in shares of Guess? by 27.5% during the first quarter. PNC Financial Services Group Inc. now owns 2,692 shares of the company’s stock valued at $59,000 after buying an additional 581 shares during the period. MetLife Investment Management LLC grew its holdings in shares of Guess? by 48.5% during the 1st quarter. MetLife Investment Management LLC now owns 22,428 shares of the company’s stock worth $490,000 after acquiring an additional 7,322 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Guess? by 14.1% in the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 33,609 shares of the company’s stock worth $734,000 after acquiring an additional 4,152 shares in the last quarter. APG Asset Management N.V. purchased a new position in shares of Guess? in the 1st quarter valued at approximately $391,000. Finally, Great West Life Assurance Co. Can boosted its position in shares of Guess? by 6.0% during the first quarter. Great West Life Assurance Co. Can now owns 37,147 shares of the company’s stock valued at $833,000 after purchasing an additional 2,112 shares in the last quarter. 61.74% of the stock is 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, activewear, knitwear, and intimate apparel.