In the latest session, Guess Inc. (NYSE: GES) closed at $30.41 up 0.07% from its previous closing price of $30.39. In other words, the price has increased by $+0.02 from its previous closing price. On the day, 969020 shares were traded.
Ratios:
For a deeper understanding of Guess Inc.’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.31. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 1.70 whereas as Long-Term Debt/Eq ratio is at 1.32.
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 March 21, 2024, Reiterated its Market Perform rating but revised its target price to $30 from $23 previously.
On January 04, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $25 to $24.
On September 12, 2023, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $31.B. Riley Securities initiated its Buy rating on September 12, 2023, with a $31 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 21 ’23 when MARCIANO MAURICE sold 600,000 shares for $23.55 per share. The transaction valued at 14,131,440 led to the insider holds 1,200,000 shares of the business.
MARCIANO PAUL sold 300,000 shares of GES for $7,065,540 on Dec 21 ’23. The Chief Creative Officer now owns 4,325,109 shares after completing the transaction at $23.55 per share. On Dec 04 ’23, another insider, MARCIANO PAUL, who serves as the Chief Creative Officer of the company, sold 150,000 shares for $22.52 each. As a result, the insider received 3,377,895 and left with 1,081,700 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 1.63B and an Enterprise Value of 2.43B. As of this moment, Guess’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.00, and their Forward P/E ratio for the next fiscal year is 9.44. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.58 while its Price-to-Book (P/B) ratio in mrq is 2.35. Its current Enterprise Value per Revenue stands at 0.87 whereas that against EBITDA is 7.60.
Stock Price History:
Over the past 52 weeks, GES has reached a high of $33.50, while it has fallen to a 52-week low of $17.21. The 50-Day Moving Average of the stock is 26.02, while the 200-Day Moving Average is calculated to be 22.84.
Shares Statistics:
For the past three months, GES has traded an average of 1.11M shares per day and 1.68M over the past ten days. A total of 53.01M shares are outstanding, with a floating share count of 26.90M. Insiders hold about 49.41% of the company’s shares, while institutions hold 67.95% stake in the company. Shares short for GES as of Mar 15, 2024 were 7.1M with a Short Ratio of 6.39, compared to 7.22M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 13.39% and a Short% of Float of 27.03%.
Dividends & Splits
According to the company, the forward annual dividend rate for GES is 0.90, from 1.12 in the trailing year. Against a Trailing Annual Dividend Yield of 3.70%, it implies a Forward Annual Dividend Yield of 3.95%. The stock’s 5-year Average Dividend Yield is 3.56. The current Payout Ratio is 36.43% for GES, which recently paid a dividend on May 03, 2024 with an ex-dividend date of Apr 16, 2024. Stock splits for the company last occurred on Mar 13, 2007 when the company split stock in a 2:1 ratio.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.39 for the current quarter, with a high estimate of -$0.37 and a low estimate of -$0.41, while EPS last year was -$0.07. The consensus estimate for the next quarter is $0.67, with high estimates of $0.81 and low estimates of $0.58.
Analysts are recommending an EPS of between $2.95 and $2.77 for the fiscal current year, implying an average EPS of $2.85. EPS for the following year is $3.12, with 3 analysts recommending between $3.28 and $2.99.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for GES’s current fiscal year. The highest revenue estimate was $3.14B, while the lowest revenue estimate was $3.1B, resulting in an average revenue estimate of $3.12B. In the same quarter a year ago, actual revenue was $2.78B, up 12.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $3.26B in the next fiscal year. The high estimate is $3.29B and the low estimate is $3.21B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.
