On average, equities research analysts forecast that Guess? will post $0.40 EPS for the current year.
(NYSE:GES) shares saw heavy trading volume with 7,994K shares changing hands by the end of trading on Friday. The brokerage now has a buy rating on the stock. The company markets its products under GUESS, GUESS?, GUESS U.S.A., GUESS Jeans, GUESS? and Triangle Design, MARCIANO, Question Mark and Triangle Design, a stylized G and a stylized M, GUESS Kids, Baby GUESS, YES, G by GUESS, GUESS by MARCIANO, and Gc brand names. We believe, once again, that the split between worldwide and domestic operations will be stark, with global remaining strong and the domestic division continuing to fade. To measure price-variation, we found GES's volatility during a week at 3.83% and during a month it has been found around 3.29%.
Guess?, Inc. (NYSE:GES) was up 19.1% during mid-day trading on Thursday after the company announced better than expected quarterly earnings. The company's stock had a trading volume of 2,751,030 shares. Wunderlich maintained the shares of GES in report on Saturday, August 15 with "Buy" rating. It helps investors in determining whether buying, selling or holding on to a stock would be beneficial for them. The stock had previously closed at $12.48. (NYSE GES) traded down 4.53% during mid-day trading on Monday, hitting $12.22. Guess', Inc. (NYSE:GES) notched a 12-month high of $12.70 while $16.00 target is by far the most aggressive out of analysts who are now evaluating GES, $3.3 higher than the next highest 52-week price estimate. The stock has a market cap of $1.04 billion, a P/E ratio of 40.00 and a beta of 0.42.
Guess? had a negative net margin of 4.63% and a negative return on equity of 9.10%.
Last time, the company shocked Wall Street by reporting EPS of $0.19, smashing the consensus of $0.10 per share. FMR LLC now owns 12,643,167 shares of the company's stock valued at $140,971,000 after buying an additional 147,447 shares during the last quarter. The firm had revenue of $573.69 million during the quarter, compared to the consensus estimate of $559.82 million. Guess? The firm's quarterly revenue was up 2.2% on a year-over-year basis. Hence, it's not surprising that some companies are known for routinely beating earning projections. (GES) now has a value of $12.48 while the company's 52 week low is at $9.56, the shares dropped to the 52 week low on 05/19/17.
ILLEGAL ACTIVITY NOTICE: This report was originally posted by Week Herald and is the sole property of of Week Herald. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & global copyright and trademark laws. The stock of Guess?, Inc. This represents a $0.90 annualized dividend and a yield of 6.06%. Guess?'s dividend payout ratio (DPR) is 818.18%.
In other news, CEO Amigo Victor Herrero acquired 3,274 shares of the stock in a transaction dated Monday, June 26th. The stock was purchased at an average price of $11.70 per share, with a total value of $38,305.80. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Several large investors have recently made changes to their positions in GES. RidgeWorth Capital Management LLC now owns 2,975,426 shares of the company's stock worth $33,843,000 after buying an additional 49,618 shares in the last quarter. Louisiana State Employees Retirement System now owns 25,100 shares of the company's stock valued at $280,000 after buying an additional 300 shares in the last quarter. Dimensional Fund Advisors LP raised its position in shares of Guess? by 11.3% in the first quarter. Dimensional Fund Advisors LP now owns 7,080,922 shares of the company's stock valued at $78,952,000 after buying an additional 717,390 shares during the last quarter. Vanguard Group Inc. now owns 5,597,271 shares of the company's stock worth $62,410,000 after buying an additional 345,970 shares in the last quarter. Finally, OLD National Bancorp IN raised its position in Guess? by 3.3% in the first quarter.
Institutional investors now hold around $829 million or 82.5% in GES stock. Topeka Capital Markets maintained Guess?, Inc. The Firm operates through five divisions: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company's retail and e-commerce activities in North and Central America and its retail activities in South America.
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