Guess?, Inc. (NYSE:GES) – Stock analysts at B. Riley lifted their FY2020 earnings per share (EPS) estimates for shares of Guess? in a research note issued on Thursday, November 7th. B. Riley analyst S. Anderson now anticipates that the company will post earnings per share of $1.38 for the year, up from their prior forecast of $1.33. B. Riley currently has a “Buy” rating and a $25.00 price target on the stock. B. Riley also issued estimates for Guess?’s Q2 2021 earnings at $0.53 EPS, Q3 2021 earnings at $0.24 EPS, Q4 2021 earnings at $1.12 EPS and FY2021 earnings at $1.62 EPS.
Other equities research analysts have also issued reports about the company. ValuEngine raised Guess? from a “sell” rating to a “hold” rating in a research report on Friday, August 30th. Zacks Investment Research reaffirmed a “positive” rating on shares of Guess? in a research report on Wednesday, October 16th. Finally, Cfra set a $16.00 target price on Guess? and gave the company a “hold” rating in a research report on Thursday, August 29th. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Guess? currently has a consensus rating of “Buy” and an average target price of $21.20.
NYSE:GES traded down $0.44 during trading hours on Friday, hitting $17.92. 766,819 shares of the company traded hands, compared to its average volume of 1,637,350. The company has a quick ratio of 0.72, a current ratio of 1.44 and a debt-to-equity ratio of 1.79. The firm’s 50-day simple moving average is $17.57 and its 200-day simple moving average is $16.93. Guess? has a one year low of $13.34 and a one year high of $24.25. The company has a market cap of $1.19 billion, a PE ratio of 18.29, a PEG ratio of 0.77 and a beta of 0.40.
Guess? (NYSE:GES) last issued its earnings results on Wednesday, August 28th. The company reported $0.38 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.29 by $0.09. Guess? had a return on equity of 10.85% and a net margin of 0.52%. The company had revenue of $683.22 million for the quarter, compared to analysts’ expectations of $673.78 million. During the same period last year, the business earned $0.36 EPS. Guess?’s quarterly revenue was up 5.8% compared to the same quarter last year.
Institutional investors and hedge funds have recently made changes to their positions in the stock. Aperio Group LLC grew its holdings in Guess? by 1.2% during the 2nd quarter. Aperio Group LLC now owns 49,095 shares of the company’s stock valued at $793,000 after buying an additional 603 shares in the last quarter. Royal Bank of Canada grew its holdings in Guess? by 30.4% during the 2nd quarter. Royal Bank of Canada now owns 6,304 shares of the company’s stock valued at $102,000 after buying an additional 1,468 shares in the last quarter. DekaBank Deutsche Girozentrale purchased a new position in Guess? during the 2nd quarter valued at about $40,000. Asset Management One Co. Ltd. grew its holdings in Guess? by 20.2% during the 2nd quarter. Asset Management One Co. Ltd. now owns 17,313 shares of the company’s stock valued at $280,000 after buying an additional 2,911 shares in the last quarter. Finally, Commonwealth Bank of Australia grew its holdings in Guess? by 31.3% during the 2nd quarter. Commonwealth Bank of Australia now owns 13,000 shares of the company’s stock valued at $209,000 after buying an additional 3,100 shares in the last quarter. 82.53% of the stock is owned by institutional investors.
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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