Guess? Inc. (NYSE:GES) saw an upside of 1.37% to close Friday at $20.03 after adding $0.27 on the day. The 5-day average trading volume is 636,660 shares of the company’s common stock. It has gained $20.39 in the past week and touched a new high 1 time within the past 5 days. An average of 571,005 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 781,332.
GES’s 1-month performance is 0.60% or $0.05 on its low of $19.57 reached on 07/21/23. The company’s shares have touched a 52-week low of $14.27 and high of $24.15, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, GES has lost -3.19% or -$0.66 and has reached a new high 10 times. However, the current price is down -17.04% from the 52-week high price.
Insider Transactions
GES stock investors last saw insider trading activity on Jun 07.Weinswig Deborah (Director) most recently sold 20,000 shares at $20.67 per share on Jun 07. This transaction cost the insider $413,466. Director, CHIDONI ANTHONY, sold 10,000 shares at a price of $16.60 on Sep 19.
Valuation Metrics
GES stock has a beta of 1.92. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.40 while the price-to-book (PB) in the most recent quarter is 2.41.
Guess? Inc.’s quick ratio for the period ended April 29 was 0.80, with the current ratio over the same period at 1.50. As well, the company’s long term debt to equity for the quarter ending April 29 was 0.94, while the total debt to equity was 1.28. In terms of profitability, the gross margin trailing 12 months is 42.60%. The trailing 12-month EBITDA margin is 11.42%. The firm’s gross profit as reported stood at $1.15 billion against revenue of $2.69 billion.
Earnings Surprise
For the quarterly period ending April 29 this year, Net income and sales went down compared to those figures reported in the previous quarter. Net income grew 167.49% to -$11.81 million, while revenue of $117.6 million was 1095.77% off the previous quarter. Analysts expected GES to announce -$0.28 per share in earnings in its latest quarter, but it posted -$0.07, representing a 75.00% surprise. EBITDA for the quarter stood at more than $14.89 million. GES stock balance sheet for the quarter ending April 29 shows that total liabilities totaled 1.95 billion, with total debt at $1.28 billion. Shareholders hold equity totaling $53.53 million.
Let’s look briefly at Guess? Inc. (GES) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 41.10% to suggest the stock is trending Neutral, with historical volatility in this time period at 17.27%.
The stock’s 5-day moving average is $20.02, reflecting a -1.86% or -$0.38 change from its current price. GES is currently trading +1.99% above its 20-day SMA, +11.03% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -4.30% and SMA200 by+17.96%.
Stochastic %K and %D was 9.68% and 14.82% and the average true range (ATR) pointed at 0.47. The RSI (14) points at 45.36%, while the 14-day stochastic is at 21.81% with the period’s ATR at 0.47. The stock’s 9-day MACD Oscillator is pointing at -0.47 and -0.69 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Guess? Inc. (NYSE: GES), UBS launched coverage with a Neutral rating. Analysts offering their rating for GES stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate GES as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.
What is GES’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $22.00 and a high of $25.00, with their median price target at $23.50. Looking at these predictions, the average price target given by analysts is for Guess? Inc. (GES) stock is $23.50.
