Guess? Receives Consensus Rating of “Hold” from Brokerages (NYSE:GES)
Shares of Guess? (NYSE:GES) have received an average rating of “Hold” from the thirteen ratings firms that are covering the company, StockRatingsNetwork.com reports. Six investment analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $30.92.
Guess? (NYSE:GES) opened at 25.87 on Wednesday. Guess? has a 52-week low of $24.60 and a 52-week high of $34.94. The stock has a 50-day moving average of $26.50 and a 200-day moving average of $27.47. The company has a market cap of $2.205 billion and a price-to-earnings ratio of 15.25.
Guess? (NYSE:GES) last released its earnings data on Thursday, May 29th. The company reported ($0.03) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.06) by $0.03. The company had revenue of $522.50 million for the quarter, compared to the consensus estimate of $528.44 million. During the same quarter last year, the company posted $0.14 earnings per share. Guess?’s revenue was down 4.8% compared to the same quarter last year. Analysts expect that Guess? will post $1.46 EPS for the current fiscal year.
A number of research firms have recently commented on GES. Analysts at Standpoint Research upgraded shares of Guess? from a “hold” rating to a “buy” rating in a research note on Friday. They now have a $32.00 price target on the stock, down previously from $480.00. Separately, analysts at Piper Jaffray downgraded shares of Guess? from an “overweight” rating to a “neutral” rating in a research note on Tuesday, August 19th. They now have a $25.00 price target on the stock, down previously from $29.00. Finally, analysts at Wunderlich initiated coverage on shares of Guess? in a research note on Thursday, August 14th. They set a “buy” rating and a $31.00 price target on the stock.
Guess?, Inc (NYSE:GES) designs, markets, distributes and licenses apparel and accessories for men, women and children.
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