Other equities analysts have also issued research reports about the company. Zacks Investment Research raised Guess? from a hold rating to a buy rating and set a $20.00 target price on the stock in a research note on Thursday, November 23rd. Cowen reissued a hold rating and issued a $17.00 target price on shares of Guess? in a research note on Wednesday, November 22nd. Finally, Jefferies Group reissued a hold rating and issued a $13.00 target price on shares of Guess? in a research note on Thursday, September 28th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the stock. Guess? currently has a consensus rating of Hold and a consensus target price of $15.21.
Shares of Guess? (NYSE:GES) traded up $0.19 on Tuesday, hitting $17.52. The stock had a trading volume of 1,042,429 shares, compared to its average volume of 808,162. The company has a quick ratio of 1.36, a current ratio of 2.58 and a debt-to-equity ratio of 0.04. Guess? has a twelve month low of $9.56 and a twelve month high of $18.30. The firm has a market capitalization of $1,425.81, a price-to-earnings ratio of -438.00, a PEG ratio of 1.62 and a beta of 0.42.
Guess? (NYSE:GES) last issued its quarterly earnings results on Tuesday, November 21st. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. Guess? had a positive return on equity of 4.35% and a negative net margin of 0.10%. The business had revenue of $554.00 million for the quarter, compared to analyst estimates of $569.75 million. During the same quarter in the prior year, the firm posted $0.11 earnings per share. The firm’s revenue for the quarter was up 3.3% compared to the same quarter last year. equities analysts predict that Guess? will post 0.61 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which was paid on Wednesday, January 3rd. Shareholders of record on Wednesday, December 13th were paid a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 5.14%. The ex-dividend date of this dividend was Tuesday, December 12th. Guess?’s payout ratio is -2,250.00%.
In other Guess? news, Director Kay Isaacson-Leibowitz sold 4,000 shares of the stock in a transaction dated Wednesday, December 20th. The stock was sold at an average price of $17.73, for a total value of $70,920.00. Following the transaction, the director now owns 38,433 shares of the company’s stock, valued at $681,417.09. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 29.60% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the business. Thrivent Financial For Lutherans increased its holdings in shares of Guess? by 5.6% in the second quarter. Thrivent Financial For Lutherans now owns 36,560 shares of the company’s stock worth $467,000 after acquiring an additional 1,940 shares in the last quarter. Legal & General Group Plc increased its holdings in shares of Guess? by 1.4% in the second quarter. Legal & General Group Plc now owns 183,896 shares of the company’s stock worth $2,350,000 after acquiring an additional 2,514 shares in the last quarter. Voya Investment Management LLC increased its holdings in shares of Guess? by 17.0% in the second quarter. Voya Investment Management LLC now owns 26,649 shares of the company’s stock worth $341,000 after acquiring an additional 3,869 shares in the last quarter. Teachers Advisors LLC increased its holdings in shares of Guess? by 4.0% in the second quarter. Teachers Advisors LLC now owns 109,515 shares of the company’s stock worth $1,400,000 after acquiring an additional 4,242 shares in the last quarter. Finally, First Trust Advisors LP increased its holdings in shares of Guess? by 0.7% in the third quarter. First Trust Advisors LP now owns 593,863 shares of the company’s stock worth $10,113,000 after acquiring an additional 4,408 shares in the last quarter. 82.38% of the stock is currently owned by hedge funds and other institutional investors.
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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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