Guess? (NYSE:GES) issued an update on its FY 2020
Pre-Market earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.31-1.36 for the period, compared to the Thomson Reuters consensus estimate of $1.35. The company issued revenue guidance of $2.68-2.688 billion, compared to the consensus revenue estimate of $2.69 billion.Guess? also updated its FY 2025
Pre-Market guidance to 3.00-3.00 EPS.
Guess? stock opened at $19.15 on Tuesday. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.73 and a current ratio of 1.52. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of 19.54, a price-to-earnings-growth ratio of 0.81 and a beta of 0.45. Guess? has a 1 year low of $13.34 and a 1 year high of $24.25. The firm’s 50 day moving average price is $17.78 and its two-hundred day moving average price is $16.82.
Guess? (NYSE:GES) last announced its quarterly earnings data on Tuesday, November 26th. The company reported $0.22 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.04. Guess? had a return on equity of 12.54% and a net margin of 1.48%. The company had revenue of $615.90 million during the quarter, compared to the consensus estimate of $620.52 million. During the same quarter in the prior year, the firm earned $0.13 EPS. The company’s quarterly revenue was up 1.8% compared to the same quarter last year. As a group, equities analysts predict that Guess? will post 1.35 EPS for the current fiscal year.
The business also recently announced a quarterly dividend, which will be paid on Thursday, January 2nd. Investors of record on Wednesday, December 11th will be issued a $0.1125 dividend. This represents a $0.45 dividend on an annualized basis and a dividend yield of 2.35%. The ex-dividend date is Tuesday, December 10th. Guess?’s payout ratio is 45.92%.
A number of research firms have recently issued reports on GES. B. Riley restated a buy rating and set a $25.00 price target on shares of Guess? in a report on Wednesday, November 27th. Cfra set a $16.00 price objective on shares of Guess? and gave the stock a hold rating in a research note on Thursday, August 29th. ValuEngine upgraded shares of Guess? from a sell rating to a hold rating in a research report on Friday, August 30th. Evercore ISI reiterated a buy rating and set a $22.00 price objective on shares of Guess? in a research report on Sunday. Finally, TheStreet raised shares of Guess? from a c+ rating to a b rating in a research note on Tuesday, November 26th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Guess? has a consensus rating of Buy and a consensus price target of $21.33.
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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