Guess’ Inc. (NYSE:GES) stock went on a downward path that fall over -1.31% on Thursday, amounting to a one-week price increase of more than 2.77%. Over the last 12 months, GES stock rose by 7.66%. The one-year GES stock forecast points to a potential downside of -0.08, with the average price target set at $25.60 per share. The average equity rating for GES stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for GES stock reached $1.50 billion, with 66.36 million shares outstanding and 40.61 million shares in the current float. Compared to the average trading volume of 1.25M shares, GES reached a trading volume of 431722 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Guess’ Inc. (GES)?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GES shares is $24.40 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GES stock is a recommendation set at 2.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cowen have made an estimate for Guess’ Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on December 17, 2019. While these analysts kept the previous recommendation, Telsey Advisory Group dropped their target price from $22 to $19. The new note on the price target was released on April 23, 2019, representing the official price target for Guess’ Inc. stock. Previously, the target price had yet another raise to $24, while Jefferies analysts kept a Buy rating on GES stock. On August 30, 2018, analysts increased their price target for GES shares from 26 to 28.
The Average True Range (ATR) for Guess’ Inc. is set at 0.61, with the Price to Sales ratio for GES stock in the period of the last 12 months amounting to 0.56. The Price to Book ratio for the last quarter was 2.65, with the Price to Cash per share for the same quarter was set at 1.66. Quick ratio for the last quarter at 0.70.
How has GES stock performed recently?
Guess’ Inc. (GES) gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.77. With this latest performance, GES shares gained by 0.49% in over the last four-week period, additionally plugging by 60.04% over the last 6 months – not to mention a rise of 7.66% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GES stock in for the last two-week period is set at 58.29, with the RSI for the last a single of trading hit 57.96, and the three-weeks RSI is set at 57.35 for Guess’ Inc. (GES). The present Moving Average for the last 50 days of trading for this stock 21.69, while it was recorded at 22.25 for the last single week of trading, and 18.13 for the last 200 days.
Guess’ Inc. (GES): Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Guess’ Inc. (GES) shares currently have an operating margin of +4.27 and a Gross Margin at +36.27. Guess’ Inc.’s Net Margin is presently recorded at +0.51.
Return on Total Capital for GES is now 11.85, given the latest momentum, and Return on Invested Capital for the company is 1.46. Return on Equity for this stock inclined to 1.52, with Return on Assets sitting at 0.81. When it comes to the capital structure of this company, Guess’ Inc. (GES) has a Total Debt to Total Equity ratio set at 4.70. Additionally, GES Total Debt to Total Capital is recorded at 4.49, with Total Debt to Total Assets ending up at 2.38. Long-Term Debt to Equity for the company is recorded at 4.18, with the Long-Term Debt to Total Capital now at 3.99.
Reflecting on the efficiency of the workforce at the company, Guess’ Inc. (GES) managed to generate an average of $850 per employee. Receivables Turnover for the company is 8.97 with a Total Asset Turnover recorded at a value of 1.58. Guess’ Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 1.50.
Earnings analysis for Guess’ Inc. (GES)
With the latest financial reports released by the company, Guess’ Inc. posted 0.7/share EPS, while the average EPS was predicted by analysts to be reported at 0.75/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -6.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GES. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Guess’ Inc. go to 4.40%.
Insider trade positions for Guess’ Inc. (GES)
There are presently around $1,137 million, or 78.80% of GES stock, in the hands of institutional investors. The top three institutional holders of GES stocks are: FMR LLC with ownership of 9,745,167, which is approximately -7.794% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 6,806,165 shares of the stock with an approximate value of $156.06 million in GES stocks shares; and DIMENSIONAL FUND ADVISORS LP, currently with $134.64 million in GES stock with ownership of nearly -0.32% of the company’s market capitalization.
Positions in Guess’ Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 65 institutional holders increased their position in Guess’ Inc. (NYSE:GES) by around 3,534,592 shares. Additionally, 95 investors decreased positions by around 8,415,389 shares, while 18 investors held positions by with 37,649,099 shares. The mentioned changes placed institutional holdings at 49,599,080 shares, according to the latest SEC report filing. GES stock had 29 new institutional investments in for a total of 1,322,406 shares, while 22 institutional investors sold positions of 1,401,279 shares during the same period.