Guess?, Inc. (NYSE:GES) shares reached a new 52-week low on Monday . The stock traded as low as $17.72 and last traded at $17.72, with a volume of 56516 shares traded. The stock had previously closed at $18.17.
Several research analysts have recently weighed in on the company. Zacks Investment Research raised Guess? from a “hold” rating to a “strong-buy” rating and set a $22.00 price objective for the company in a research report on Thursday, January 31st. ValuEngine lowered Guess? from a “hold” rating to a “sell” rating in a research report on Thursday, April 11th. Finally, Jefferies Financial Group set a $24.00 price objective on Guess? and gave the stock a “buy” rating in a research report on Thursday, March 21st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, one has issued a buy rating and one has issued a strong buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $24.67.
The stock has a market cap of $1.43 billion, a P/E ratio of 18.12, a PEG ratio of 0.85 and a beta of 0.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.00 and a quick ratio of 1.14.
Guess? (NYSE:GES) last issued its earnings results on Wednesday, March 20th. The company reported $0.70 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.05). Guess? had a net margin of 0.54% and a return on equity of 9.39%. The firm had revenue of $837.00 million during the quarter, compared to the consensus estimate of $831.15 million. During the same period in the previous year, the firm earned $0.62 earnings per share. The business’s quarterly revenue was up 5.7% on a year-over-year basis. Equities analysts predict that Guess?, Inc. will post 1.18 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 18th. Investors of record on Wednesday, April 3rd will be given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 5.07%. The ex-dividend date of this dividend is Tuesday, April 2nd. Guess?’s payout ratio is 91.84%.
A number of institutional investors have recently modified their holdings of GES. Meeder Asset Management Inc. bought a new stake in Guess? in the 1st quarter valued at about $29,000. NumerixS Investment Technologies Inc bought a new stake in Guess? in the 4th quarter valued at about $34,000. PNC Financial Services Group Inc. increased its position in Guess? by 31.2% in the 4th 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 in the last quarter. Oppenheimer Asset Management Inc. bought a new stake in Guess? in the 4th quarter valued at about $73,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in Guess? by 38.6% in the 4th 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 in the last quarter. 70.61% of the stock is owned by institutional investors and hedge funds.
Guess? Company Profile (NYSE:GES)
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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