News coverage about Guess? (NYSE:GES) has been trending somewhat positive this week, Accern reports. Accern scores the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Guess? earned a daily sentiment score of 0.22 on Accern’s scale. Accern also assigned news coverage about the company an impact score of 88 out of 100, meaning that recent news coverage is very likely to have an effect on the company’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- What The Sell-Side Thinks Of Guess’, Inc. (GES), Constellation Brands, Inc. (STZ) – StockNewsMagazine (stocknewsmagazine.com)
- Technical Focus on Shares of Guess? Inc (GES) – Berry Recorder (berryrecorder.com)
- Wells Fargo tops profit forecast (ismboard.com)
- Genesco (GCO) & Guess? (NYSE:GES) Head-To-Head Review (americanbankingnews.com)
- Are Guess?, Inc. (NYSE:GES) Shares Headed Higher? – Wall Street Review (thewallstreetreview.com)
Shares of Guess? (GES) opened at 12.82 on Tuesday. Guess? has a 52 week low of $9.56 and a 52 week high of $18.68. The firm’s 50-day moving average is $11.28 and its 200-day moving average is $11.84. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 41.09 and a beta of 0.41.
Guess? (NYSE:GES) last released its quarterly earnings results on Wednesday, May 24th. The company reported ($0.24) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($0.32) by $0.08. The firm had revenue of $458.60 million during the quarter, compared to analysts’ expectations of $449.22 million. Guess? had a return on equity of 3.67% and a net margin of 1.20%. The business’s revenue was up 2.2% on a year-over-year basis. During the same period last year, the firm posted ($0.23) EPS. On average, equities research analysts anticipate that Guess? will post $0.42 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, June 23rd. Shareholders of record on Wednesday, June 7th were given a $0.225 dividend. The ex-dividend date was Monday, June 5th. This represents a $0.90 dividend on an annualized basis and a yield of 7.02%. Guess?’s payout ratio is 290.32%.
Several equities analysts have recently weighed in on GES shares. Jefferies Group LLC reaffirmed a “hold” rating and set a $11.00 target price on shares of Guess? in a report on Friday. FBR & Co initiated coverage on shares of Guess? in a report on Tuesday, July 11th. They issued an “outperform” rating and a $16.00 price target for the company. B. Riley reaffirmed a “neutral” rating and set a $12.00 target price on shares of Guess? in a research note on Sunday, June 4th. Zacks Investment Research raised shares of Guess? from a “sell” rating to a “hold” rating in a research note on Monday, May 22nd. Finally, Wunderlich reaffirmed a “buy” rating and set a $15.00 target price on shares of Guess? in a research note on Tuesday, March 28th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $12.78.
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In other news, CEO Amigo Victor Herrero acquired 3,274 shares of the firm’s stock in a transaction on Monday, June 26th. The shares were purchased at an average cost of $11.70 per share, for a total transaction of $38,305.80. Following the transaction, the chief executive officer now owns 392,848 shares of the company’s stock, valued at $4,596,321.60. The purchase was disclosed in a filing with the SEC, which can be accessed through this link. 29.60% of the stock is currently owned by company insiders.
Guess? Company Profile
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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