Guess Inc. (NYSE: GES): Stock That Needs Special Handling

With over 0.48 million Guess Inc. (GES) shares trading Friday and a closing price of $22.78 on the day, the dollar volume was approximately $10.83 million. The shares have shown a positive half year performance of 15.46% and its price on 01/12/24 lost nearly -0.48%. Currently, there are 54.61M common shares owned by the public and among those 27.23M shares have been available to trade.

Insiders at the company have transacted a total of 25 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 12 of these insider trades were purchases, accounting for 820,061 shares. Insider sales of the common stock occurred on 13 occasions, with total insider shares sold totaling 1,076,994 shares.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Shares of Guess Inc. (NYSE: GES) opened at $23.29, up $0.4 from a prior closing price of $22.89. However, the script later moved the day high at 23.29, down -0.48%. The company’s stock has a 5-day price change of -1.17% and 6.30% over the past three months. GES shares are trading -1.21% year to date (YTD), with the 12-month market performance up to 2.34% higher. It has a 12-month low price of $17.21 and touched a high of $24.84 over the same period. GES has an average intraday trading volume of 955.43K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.52%, -0.16%, and 8.65% respectively.

Institutional ownership of Guess Inc. (NYSE: GES) shares accounts for 65.28% of the company’s 54.61M shares outstanding.

It has a market capitalization of $1.22B and a beta (3y monthly) value of 1.97. The stock’s trailing 12-month PE ratio is 8.70, while the earnings-per-share (ttm) stands at $2.62. The company has a PEG of 1.98 and a Quick Ratio of 0.80 with the debt-to-equity ratio at 2.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.49% over the week and 2.78% over the month.

Analysts forecast that Guess Inc. (GES) will achieve an EPS of $1.54 for the current quarter, -$0.01 for the next quarter and $2.91 for 2025. The lowest estimate earnings-per-share for the quarter is $1.49 while analysts give the company a high EPS estimate of $1.6. Comparatively, EPS for the current quarter was $1.74 a year ago. Earnings per share for the fiscal year are expected to decrease by -1.61%, and 7.90% over the next financial year.

If you are looking to buy this stock, then you may note that the average analyst recommendation by 5 brokerage firm advisors rate Guess Inc. (GES) as a “Moderate Buy” at a consensus score of 2.20. Specifically, 2 Wall Street analysts polled rate the stock as a buy, while 3 of the 5 advise that investors “hold,” and 0 rated it as a “Sell.”

Looking at the support for the GES, a number of firms have released research notes about the stock. Jefferies stated their Hold rating for the stock in a research note on January 04, 2024, with the firm’s price target at $25-$24.

Most Popular

Related Posts