Guess? (GES) Getting Somewhat Positive Press Coverage, Accern Reports
News stories about Guess? (NYSE:GES) have been trending somewhat positive on Thursday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Guess? earned a daily sentiment score of 0.11 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.84306403146 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Analytical Review of Guess’, Inc. (NYSE:GES) – The Oracle Examiner (oracleexaminer.com)
- Guess’, Inc. (GES) Weigh On Beatable Move- BorgWarner Inc. (BWA) – Investing News Update (investingbizz.com)
- Guess (GES) Presents At 3rd Annual B. Riley & Co. Consumer Conference – Slideshow (seekingalpha.com)
- Guess?, Inc. (GES) Stock Rating Reaffirmed by Jefferies Group LLC (americanbankingnews.com)
- Should You Buy Guess’ Inc (GES) Now? (finance.yahoo.com)
Several equities research analysts recently weighed in on the company. Jefferies Group LLC reissued a “hold” rating and issued a $13.00 price objective on shares of Guess? in a report on Thursday, September 28th. Evercore ISI assumed coverage on Guess? in a report on Friday, August 25th. They issued a “buy” rating for the company. Zacks Investment Research raised Guess? from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a report on Friday, August 25th. Standpoint Research lowered Guess? from a “buy” rating to a “hold” rating and set a $13.91 price objective for the company. in a report on Wednesday, August 9th. Finally, BidaskClub raised Guess? from a “hold” rating to a “buy” rating in a report on Saturday, August 5th. One research analyst has rated the stock with a sell rating, six have issued a hold rating and four have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $13.77.
Shares of Guess? (NYSE:GES) traded up 0.12% on Thursday, reaching $16.98. The company’s stock had a trading volume of 1,304,650 shares. The company has a market capitalization of $1.41 billion, a price-to-earnings ratio of 157.22 and a beta of 0.44. Guess? has a 12-month low of $9.56 and a 12-month high of $17.54. The company’s 50-day moving average is $15.56 and its 200 day moving average is $12.67.
Guess? (NYSE:GES) last issued its quarterly earnings results on Wednesday, August 23rd. The company reported $0.19 EPS for the quarter, topping analysts’ consensus estimates of $0.10 by $0.09. The business had revenue of $573.69 million during the quarter, compared to analysts’ expectations of $559.82 million. Guess? had a return on equity of 4.14% and a net margin of 0.43%. The business’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.14 earnings per share. Equities analysts anticipate that Guess? will post $0.58 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which was paid on Friday, September 22nd. Shareholders of record on Wednesday, September 6th were given a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 5.30%. The ex-dividend date was Friday, September 1st. Guess?’s payout ratio is 818.18%.
In other Guess? news, Director Kay Isaacson-Leibowitz sold 6,000 shares of the company’s stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $16.03, for a total value of $96,180.00. Following the completion of the sale, the director now owns 42,433 shares in the company, valued at $680,200.99. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 29.60% of the company’s stock.
Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America.
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