Guess? Inc. (NYSE:GES) finished Friday with a subtraction of -$0.57 to close at $20.41, a downside of -2.72 percent. An average of 512,460 shares of common stock have been traded in the last five days. There was a fall of -$0.85 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 584,370 shares traded, while the 50-day average volume stands at 837,624.
GES stock has increased by 2.31% in the last month. The company shares reached their 1-month lowest point of $19.40 on 07/17/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $14.27 and a high of $24.15 in 52 weeks. It has reached a new high 10 times so far this year and lost -1.35% or -$0.28 in price. In spite of this, the price is down -15.47% from the 52-week high.
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Insider Transactions
GES stock investors should be aware that Guess? Inc. (GES) stock had its last reported insider trading activity 66 days ago on Jun 07. In this transaction, the insider spent $413,466. Director, CHIDONI ANTHONY, disposed of 10,000 shares at a price of $16.60 on Sep 19. The insider now owns more than $166,000 worth of shares.
Valuation Metrics
Guess? Inc. (GES) has a trailing price-to-earnings (P/E) ratio of 10.74. The stock’s beta is 1.92. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.40, the price-to-book (PB) ratio at 2.45.
The company has a payout ratio of 34.79%. The company’s most recent quarterly dividend payment was $0.30 a share, representing a up of 33.33% from $0.2250 last year. Its latest increase dividend $0.0750 reported on Wednesday May 24 2023.
Financial Health
The quick ratio of Guess? Inc. for the three months ended April 29 was 0.80, and the current ratio was 1.50, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.94 and a total debt to equity ratio of 1.28 for the quarter ending April 29. Guess? Inc.’s EBITDA margin for the year ending April 29 is 11.42%. Its gross profit as reported stood at $1.15 billion compared to revenue of $2.69 billion.
Earnings Surprise
For the three-month period that ended April 29, Guess? Inc. had $159.37 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 -$11.81 million in the quarter, while revenues of $117.6 million were grew 167.49%. The analyst consensus anticipated Guess? Inc.’s latest quarter earnings to come in at -$0.28 per share, but it turned out to be -$0.07, a 75.00% surprise. For the quarter, EBITDA amounted to $14.89 million. Shareholders own equity worth $53.53 million.
Technical Picture
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 11 August was 44.56%, suggesting the stock is Neutral, with historical volatility in this time frame at 21.03%.
As of today, GES’s price is $20.89 -4.00% or -$0.85 from its 5-day moving average. GES is currently trading +3.45% higher than its 20-day SMA and +7.03% higher than its 100-day SMA. However, the stock’s current price level is +6.25% above the SMA50 and +26.38% above the SMA200.
The stochastic %K and %D were 58.16% and 67.56%, respectively, and the average true range (ATR) was 0.49. With the 14-day stochastic at 36.26% and the average true range at 0.49, the RSI (14) stands at 49.50%. The stock has reached -0.15 on the 9-day MACD Oscillator while the 14-day reading was at -0.03.
Analyst Ratings
UBS launched coverage on Guess? Inc. (NYSE: GES) in its analyst report released on June 16, 2023. The firm assigned the stock a Neutral rating. 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 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 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 $22.00 and $25.00, with a median target of $23.50. Taking a look at these predictions, the average price target given by analysts for Guess? Inc. (GES) stock is $23.50.
