Guess’ Inc. (NYSE:GES) finished Friday with an addition of $0.08 to close at $20.69, an upside of 0.39 percent. An average of 516,140 shares of common stock have been traded in the last five days. There was a gain of $0.78 in the past week, and it reached a new high 2 times over the past 12 months. The last 20 days have seen an average of 837,230 shares traded, while the 50-day average volume stands at 821,054.
GES stock has decreased by -0.34% in the last month. The company shares reached their 1-month lowest point of $19.42 on 12/20/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $14.27 and a high of $24.87 in 52 weeks. It has reached a new high 1 time so far this year and lost -12.63% or -$2.99 in price. In spite of this, the price is down -16.81% from the 52-week high.
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GES stock investors should be aware that Guess’ Inc. (GES) stock had its last reported insider trading activity 103 days ago on Sep 19.
Guess’ Inc. (GES) has a trailing price-to-earnings (P/E) ratio of 11.28. The stock’s beta is 1.91. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.41, the price-to-book (PB) ratio at 2.66.
The company has a payout ratio of 76.40%. The company’s most recent quarterly dividend payment was $0.2250 a share, without any change from last year. Its latest increase dividend $0.1125 reported on Tuesday November 23 2021.
The quick ratio of Guess’ Inc. for the three months ended October 30 was 0.80, and the current ratio was 1.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.08 and a total debt to equity ratio of 1.17 for the quarter ending October 30. Its gross profit as reported stood at $1.17 billion compared to revenue of $2.59 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Guess’ Inc.’s return on assets was 2.80%.
For the three-month period that ended October 30, Guess’ Inc. had $153.72 million in total debt. In the quarter under review, the net income was down than the previous quarter. The company posted a net income of $21.84 million in the quarter, while revenues of $23.96 million were shrunk -36.81%. The analyst consensus anticipated Guess’ Inc.’s latest quarter earnings to come in at $0.55 per share, but it turned out to be $0.44, a -20.00% surprise. For the quarter, EBITDA amounted to $70.33 million. Shareholders own equity worth $54.45 million.
From a technical analysis perspective, let’s take a brief look at Guess’ Inc. (GES) price momentum. RSI 9-day as of the close on 30 December was 57.91%, suggesting the stock is Neutral, with historical volatility in this time frame at 27.46%.
As of today, GES’s price is $20.45 +3.92% or $0.78 from its 5-day moving average. GES is currently trading -0.10% lower than its 20-day SMA and +7.48% higher than its 100-day SMA. However, the stock’s current price level is +31.95% above the SMA50 and +6.93% above the SMA200.
The stochastic %K and %D were 43.23% and 37.30%, respectively, and the average true range (ATR) was 0.68. With the 14-day stochastic at 55.46% and the average true range at 0.72, the RSI (14) stands at 57.68%. The stock has reached 0.26 on the 9-day MACD Oscillator while the 14-day reading was at 0.15.
The consensus rating for Guess’ Inc. (GES) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GES, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 1 others rate it as a “buy”.
What is GES’s price target for the next 12 months?
Analysts predict a range of price targets between $23.00 and $25.00, with a median target of $24.00. Taking a look at these predictions, the average price target given by analysts for Guess’ Inc. (GES) stock is $24.00.