Daily Market Movement: Guess Inc. (GES) Sees a -5.39 Decrease, Closing at 21.06

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The closing price of Guess Inc. (NYSE: GES) was $21.06 for the day, down -5.39% from the previous closing price of $22.26. In other words, the price has decreased by -$5.39 from its previous closing price. On the day, 1.71 million shares were traded. GES stock price reached its highest trading level at $22.08 during the session, while it also had its lowest trading level at $21.05.

Ratios:

Our analysis of GES’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.66. For the most recent quarter (mrq), Quick Ratio is recorded 0.85 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 2.44 whereas as Long-Term Debt/Eq ratio is at 2.05.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on May 31, 2024, Reiterated its Market Perform rating but revised its target price to $26 from $30 previously.

On March 21, 2024, Telsey Advisory Group reiterated its Market Perform rating and also lowered its target price recommendation from $23 to $30.

Jefferies Downgraded its Buy to Hold on January 04, 2024, whereas the target price for the stock was revised from $25 to $24.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 08 ’24 when ALBERINI CARLOS sold 138,203 shares for $30.53 per share. The transaction valued at 4,219,338 led to the insider holds 1,131,575 shares of the business.

ALBERINI CARLOS sold 211,797 shares of GES for $6,421,685 on Apr 05 ’24. The CEO and Director now owns 1,269,778 shares after completing the transaction at $30.32 per share. On Dec 21 ’23, another insider, MARCIANO MAURICE, who serves as the 10% Owner of the company, sold 600,000 shares for $23.55 each. As a result, the insider received 14,131,440 and left with 1,200,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GES now has a Market Capitalization of 1127261696 and an Enterprise Value of 2309045760. As of this moment, Guess’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.03, and their Forward P/E ratio for the next fiscal year is 6.81. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.40 while its Price-to-Book (P/B) ratio in mrq is 1.99. Its current Enterprise Value per Revenue stands at 0.825 whereas that against EBITDA is 7.171.

Stock Price History:

Over the past 52 weeks, GES has reached a high of $30.76, while it has fallen to a 52-week low of $16.46. The 50-Day Moving Average of the stock is -17.16%, while the 200-Day Moving Average is calculated to be -6.60%.

Shares Statistics:

GES traded an average of 1.54M shares per day over the past three months and 1398320 shares per day over the past ten days. A total of 53.01M shares are outstanding, with a floating share count of 28.25M. Insiders hold about 47.23% of the company’s shares, while institutions hold 71.24% stake in the company. Shares short for GES as of 1715731200 were 8870967 with a Short Ratio of 6.11, compared to 1713139200 on 8522975. Therefore, it implies a Short% of Shares Outstanding of 8870967 and a Short% of Float of 23.18.

Dividends & Splits

With its trailing 12-month dividend rate of 1.2, GES has a forward annual dividend rate of 1.20. Against a Trailing Annual Dividend Yield of 0.053908356The stock’s 5-year Average Dividend Yield is 3.55.

Earnings Estimates

The dynamic stock of Guess Inc. (GES) is currently being evaluated by a team of 4.0 analysts, each contributing to its current rating.On average, analysts expect EPS of $0.53 for the current quarter, with a high estimate of $0.81 and a low estimate of $0.43, while EPS last year was $0.72. The consensus estimate for the next quarter is $0.61, with high estimates of $0.66 and low estimates of $0.54.

Analysts are recommending an EPS of between $2.95 and $2.75 for the fiscal current year, implying an average EPS of $2.81. EPS for the following year is $3.14, with 3.0 analysts recommending between $3.27 and $2.99.

Revenue Estimates

For the next quarter, 4 analysts are estimating revenue of $764.55M. There is a high estimate of $781M for the next quarter, whereas the lowest estimate is $755.69M.

A total of 4 analysts have provided revenue estimates for GES’s current fiscal year. The highest revenue estimate was $3.1B, while the lowest revenue estimate was $3.09B, resulting in an average revenue estimate of $3.1B. In the same quarter a year ago, actual revenue was $2.78BBased on 4 analysts’ estimates, the company’s revenue will be $3.24B in the next fiscal year. The high estimate is $3.27B and the low estimate is $3.19B.

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