Guess’ Inc. (NYSE:GES) currently has a daily average trading volume of 899.42K but it saw 2793679 shares traded on Thursday. With a market cap of 1.08B USD, stock’s current market price of $18.80 came rising about 8.23 while comparing to the previous closing price of $17.37. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.15 and as low as $14.27. In the recent trading on the day, stock has struck highest price mark of $19.645 while lowest mark touched by it was $18.02.
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Taking a look at 20-day trading activity of Guess’ Inc. (GES) gives us an average price of $18.14, while its current price level is -22.14% below from 52-week high level whereas it is 31.74% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $18.75 while that of 200 days or SMA-200 reads an average of $19.24. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.90% during that period while stretching the period over a month that decreases to 3.18%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 54.30 which implies that the stock is in neutral territory.
Guess’ Inc. (GES)’s stock is currently under the radar of 3 analysts who are in consensus at a 12-month price target range of between $23.00 and $25.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $23.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $25.00. Average price target assigned by them is $24.00 which highlights an upside potential of 21.67% for the stock over that period. And to attain the median price target of $24.00 assigned by those analysts, stock has to add about 21.67% of value to its current levels.
Data by FactSet Research shows that 3 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 0 are advising it as an Overweight. 2 analysts suggested the investors to Buy the stock while 1 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, GES’s stock price is moving 1.08% up while it is -1.42% when we observe its performance for the past one month. Year-to-date it is -9.13% down and over the past year, the stock is showing an upside performance of 12.78%.
The latest quarterly earnings report issued by the company was for quarter ended 1/30/2023, when its quarterly earnings per share (EPS) of $1.74 beat the consensus estimate of $1.3 for the same. The company is expected to be releasing its next quarterly report in 08/23/2023, for which analysts forecasted an EPS of -$0.28 while estimate for next year EPS is $2.66. For GES, analysts are forecasting an EPS-growth rate of -2.90% for current year and estimate for EPS growth in next year is 11.70%. In next quarter, company is expected to be making quarterly sales of $646.03 million as analysts are expecting the sales for current fiscal year at $2.74 billion and seeing the company making $2.82 billion in sales next year. Moreover, analysts are in estimates of $555.63 million for current-quarter revenue.
Currently, Guess’ Inc.’s total number of outstanding shares is 54.04M with 48.19% of that held by the insiders while 59.16% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 21.80% and return on equity (ROE) at 34.70%. It has a price to earnings ratio (P/E ratio) of 8.37 while having a 6.32 of forward P/E ratio. Stock’s beta reads 1.96. Stock has a price to book (P/B) ratio of 1.90 while price to sale or P/S ratio amounts to 0.40. Its return on asset (ROA) is 6.60% on average.
A filing at the U.S. Securities and Exchange Commission revealed that iShares Core S&P Small Cap ETF came shrinking its share ownership by -0.16% in the Guess’ Inc. (GES) decreasing its stake to 4.03% with control over 3553.0 shares in the company. In the most recent quarter, Vanguard Small Cap Index Fund came cutting its stake by -0.02% in the company and now holds 0.71 million or 1.30% of the company’s stake having worth of about 13.38 million.
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