Analysts’ Weekly Ratings Updates for Guess? (GES)

Guess? (NYSE: GES) has recently received a number of price target changes and ratings updates:

  • 1/23/2018 – Guess? was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Guess? has been facing a tough retail environment in the Americas, due to lower consumer spending. As a result, the company has resorted to store closures in these regions to focus on other prospective areas. Also, the company remains exposed to the unfavorable currency fluctuations. Nevertheless, shares of Guess? have outperformed the industry in a year's time-frame, courtesy of a solid surprise history. The third quarter of fiscal 2018 marked the company’s third-consecutive earnings beat. During the quarter the company’s performance mainly gained from continued strength in European and Asia business segments. The regions have been depicting robust growth backed by store openings, positive comps and wholesale growth. Driven by such upsides, management raised fiscal 2018 earnings view. Further, management is optimistic about e-commerce business that has been improving steadily.”
  • 1/16/2018 – Guess? had its “hold” rating reaffirmed by analysts at B. Riley. They now have a $17.00 price target on the stock.
  • 1/12/2018 – Guess? was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Guess? have outperformed the industry over the past six months, courtesy of a solid surprise history. The third quarter of fiscal 2018 marked the company’s third-consecutive earnings beat. During the quarter the company’s performance mainly gained from continued strength in European and Asia business segments. The regions have been depicting robust growth backed by store openings, positive comps and wholesale growth. Driven by such upsides, management raised fiscal 2018 earnings view. Further, management is optimistic about e-commerce business that has been improving steadily. However, Guess? has been facing a tough retail environment in the Americas, due to lower consumer spending. As a result, the company has resorted to store closures in these regions to focus on other prospective areas. Also, the company remains exposed to the unfavorable currency fluctuations.”
  • 1/11/2018 – Guess? was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $19.00 price target on the stock. According to Zacks, “Shares of Guess? have outperformed the industry over the past six months, courtesy of a solid surprise history. The third quarter of fiscal 2018 marked the company’s third-consecutive earnings beat. During the quarter the company’s performance mainly gained from continued strength in European and Asia business segments. The regions have been depicting robust growth backed by store openings, positive comps and wholesale growth. Consequently, the company has been steadily expanding its presence in these regions. Driven by such upsides, management raised fiscal 2018 earnings view. Further, management is optimistic about e-commerce business that has been improving steadily. However, Guess? has been facing a tough retail environment in the Americas, due to lower consumer spending. As a result, the company has resorted to store closures in these regions to focus on other prospective areas.”
  • 1/9/2018 – Guess? had its “hold” rating reaffirmed by analysts at B. Riley. They now have a $17.00 price target on the stock.
  • 1/2/2018 – Guess? was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Guess? have outperformed the industry over the past six months, courtesy of a solid surprise history. The third quarter of fiscal 2018 marked the company’s third-consecutive earnings beat. During the quarter the company’s performance mainly gained from continued strength in European and Asia business segments. The regions have been depicting robust growth backed by store openings, positive comps and wholesale growth. Driven by such upsides, management raised fiscal 2018 earnings view. Further, management is optimistic about e-commerce business that has been improving steadily. However, Guess? has been facing a tough retail environment in the Americas, due to lower consumer spending. As a result, the company has resorted to store closures in these regions to focus on other prospective areas. The company also remains exposed to the unfavorable currency fluctuations.”
  • 12/22/2017 – Guess? is now covered by analysts at B. Riley. They set a “neutral” rating and a $17.00 price target on the stock.
  • 12/18/2017 – Guess? was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $18.00 price target on the stock. According to Zacks, “Shares of Guess? have outperformed the industry over the past six months, courtesy of a solid surprise history. The third quarter of fiscal 2018 marked the company’s third-consecutive earnings beat. During the quarter the company’s performance mainly gained from continued strength in European and Asia business segments. The regions have been depicting robust growth backed by store openings, positive comps and wholesale growth. Driven by such upsides, management raised fiscal 2018 earnings view. Further, management is optimistic about e-commerce business that has been improving steadily. It also remains on track with cost reduction and margin expansion efforts. However, Guess? has been facing a tough retail environment in the Americas, due to lower consumer spending. As a result, the company has resorted to store closures in these regions to focus on other prospective areas.”
  • 12/15/2017 – Guess? was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Shares of Guess? have outperformed the industry over the past six months, courtesy of a solid surprise history. The third quarter of fiscal 2018 marked the company’s third-consecutive earnings beat. During the quarter the company’s performance mainly gained from continued strength in European and Asia business segments. The regions have been depicting robust growth backed by store openings, positive comps and wholesale growth. Driven by such upsides, management raised fiscal 2018 earnings view. Further, management is optimistic about e-commerce business that has been improving steadily. It also remains on track with cost reduction and margin expansion efforts. However, Guess? has been facing a tough retail environment in the Americas, due to lower consumer spending. As a result, the company has resorted to store closures in these regions to focus on other prospective areas.”

Guess?, Inc. (GES) opened at $19.11 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.36 and a current ratio of 2.58. The firm has a market cap of $1,572.26, a P/E ratio of -477.75, a PEG ratio of 1.79 and a beta of 0.42. Guess?, Inc. has a 1-year low of $9.56 and a 1-year high of $19.14.

Guess? (NYSE:GES) last posted its earnings results on Tuesday, November 21st. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.01. The firm had revenue of $554.00 million during the quarter, compared to analyst estimates of $569.75 million. Guess? had a negative net margin of 0.10% and a positive return on equity of 4.35%. The business’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.11 EPS. sell-side analysts anticipate that Guess?, Inc. will post 0.61 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 3rd. Investors of record on Wednesday, December 13th were issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 4.71%. The ex-dividend date was Tuesday, December 12th. Guess?’s payout ratio is presently -2,250.00%.

In related news, Director Kay Isaacson-Leibowitz sold 4,000 shares of the business’s stock in a transaction on Wednesday, December 20th. The shares were sold at an average price of $17.73, for a total value of $70,920.00. Following the completion of the sale, the director now owns 38,433 shares of the company’s stock, valued at approximately $681,417.09. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 29.60% of the stock is currently owned by insiders.

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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