Guess? (NYSE:GES) has received a consensus rating of “Buy” from the twelve ratings firms that are covering the company, ARN reports. Seven equities research analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $21.90.
A number of equities research analysts have weighed in on the company. B. Riley reiterated a “neutral” rating and issued a $21.00 price objective on shares of Guess? in a report on Tuesday, August 25th. Wunderlich raised their target price on Guess? from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, July 15th. Telsey Advisory Group raised Guess? from an “underperform” rating to a “market perform” rating and lifted their price objective for the company from $18.00 to $23.00 in a research report on Wednesday, July 15th. Jefferies Group reissued a “hold” rating and issued a $21.00 price target on shares of Guess? in a research report on Thursday, July 16th. Finally, Evercore ISI upgraded shares of Guess? from a “sell” rating to a “hold” rating and set a $22.00 price objective for the company in a report on Wednesday, July 15th.
Guess? (NYSE:GES) traded down 0.83% during trading on Thursday, hitting $21.55. The stock had a trading volume of 271,761 shares. Guess? has a 52 week low of $16.61 and a 52 week high of $23.37. The stock has a market capitalization of $1.85 billion and a P/E ratio of 19.09. The company has a 50-day moving average of $21.83 and a 200-day moving average of $20.19.
Guess? (NYSE:GES) last posted its quarterly earnings results on Wednesday, August 26th. The company reported $0.21 EPS for the quarter, topping the Zacks’ consensus estimate of $0.15 by $0.06. The company earned $546.30 million during the quarter, compared to the consensus estimate of $537.72 million. During the same period in the previous year, the business earned $0.26 earnings per share. Guess?’s revenue was down 10.2% on a year-over-year basis. On average, equities analysts expect that Guess? will post $0.96 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Wednesday, September 9th were paid a $0.225 dividend. The ex-dividend date of this dividend was Friday, September 4th. This represents a $0.90 annualized dividend and a yield of 4.14%.
Guess?, Inc. (NYSE:GES) designs, markets, distributes and licenses a range of clothes and accessories for men, women and children. GUESS? Operates through five segments: North American Retail, Europe, Asia, North American Wholesale and Licensing. The North American Retail segment includes the Company’s retail and ecommerce operations in North America, and its own retail operations in South and Central America. The Europe section contains its wholesale, retail and e commerce operations in the Middle East and also Europe. The Asia segment includes its wholesale, retail and e-commerce businesses in Asia. The North American Wholesale section contains Central, and its wholesale operations in North America and South America. The Licensing section comprises the Organization ‘s licensing operations around the world. The Company’s clothing is marketed under various brands, including GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, MARCIANO, GUESS Children, Baby GUESS, YES, G by GUESS, GUESS by MARCIANO and Gc.
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