Guess’ (GES) Scheduled to Post Earnings on Wednesday

Guess’ (NYSE:GES – Get Rating) is scheduled to release its earnings data after the market closes on Wednesday, May 24th. Analysts expect Guess’ to post earnings of ($0.28) per share for the quarter. Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Guess’ (NYSE:GES – Get Rating) last announced its quarterly earnings results on Tuesday, March 14th. The company reported $1.74 earnings per share for the quarter, beating analysts’ consensus estimates of $1.30 by $0.44. Guess’ had a net margin of 5.57% and a return on equity of 33.93%. The firm had revenue of $817.78 million for the quarter, compared to analyst estimates of $772.00 million. During the same quarter in the previous year, the firm posted $1.14 earnings per share. The business’s revenue was up 2.2% on a year-over-year basis. On average, analysts expect Guess’ to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Guess’ Stock Performance

Shares of GES opened at $18.04 on Monday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.92 and a current ratio of 1.59. Guess’ has a twelve month low of $14.27 and a twelve month high of $24.15. The firm’s 50 day moving average price is $18.93 and its two-hundred day moving average price is $20.29. The firm has a market cap of $1.00 billion, a P/E ratio of 8.09 and a beta of 1.93.

Guess’ Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, April 14th. Shareholders of record on Wednesday, March 29th were paid a $0.225 dividend. This represents a $0.90 dividend on an annualized basis and a yield of 4.99%. The ex-dividend date of this dividend was Tuesday, March 28th. Guess”s payout ratio is currently 40.36%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Arrowstreet Capital Limited Partnership grew its holdings in Guess’ by 158.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 1,170,608 shares of the company’s stock worth $24,220,000 after purchasing an additional 717,977 shares during the period. Charles Schwab Investment Management Inc. lifted its position in shares of Guess’ by 82.2% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,005,259 shares of the company’s stock valued at $19,562,000 after buying an additional 453,565 shares during the last quarter. Norges Bank acquired a new stake in shares of Guess’ in the fourth quarter valued at approximately $6,088,000. Vanguard Group Inc. lifted its position in shares of Guess’ by 4.2% in the first quarter. Vanguard Group Inc. now owns 4,555,857 shares of the company’s stock valued at $99,546,000 after buying an additional 184,983 shares during the last quarter. Finally, Point72 Asset Management L.P. acquired a new stake in shares of Guess’ in the fourth quarter valued at approximately $3,718,000. 58.81% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have weighed in on GES. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $23.00 price target on shares of Guess’ in a research note on Wednesday, March 15th. TheStreet raised shares of Guess’ from a “c” rating to a “b” rating in a research report on Tuesday, March 14th. Small Cap Consu reissued a “buy” rating on shares of Guess’ in a research report on Tuesday, March 28th. Finally, StockNews.com started coverage on shares of Guess’ in a research report on Thursday. They issued a “hold” rating on the stock. Two investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $26.00.

Guess’ Company Profile

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Guess?, Inc engages in designing, marketing, distributing and licensing contemporary apparel and accessories for men, women and children that reflect the American lifestyle and European fashion sensibilities. It operates through the following segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing.