Guess’, Inc. (NYSE:GES – Get Rating) Director Anthony Chidoni sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, September 19th. The stock was sold at an average price of $16.60, for a total value of $166,000.00. Following the sale, the director now directly owns 199,552 shares in the company, valued at $3,312,563.20. The sale was disclosed in a filing with the SEC, which is available through this link.
Guess’ Stock Performance
NYSE:GES opened at $15.63 on Friday. The stock’s fifty day moving average is $18.34 and its 200 day moving average is $19.65. Guess’, Inc. has a fifty-two week low of $15.46 and a fifty-two week high of $25.27. The firm has a market capitalization of $850.87 million, a PE ratio of 7.97 and a beta of 1.90. The company has a debt-to-equity ratio of 0.90, a quick ratio of 0.74 and a current ratio of 1.45.
Guess’ (NYSE:GES – Get Rating) last released its earnings results on Wednesday, August 24th. The company reported $0.39 earnings per share for the quarter, missing analysts’ consensus estimates of $0.41 by ($0.02). Guess’ had a return on equity of 28.40% and a net margin of 4.86%. The business had revenue of $643.00 million during the quarter, compared to analysts’ expectations of $629.52 million. During the same quarter in the previous year, the business earned $0.96 EPS. The business’s revenue for the quarter was up 2.2% on a year-over-year basis. On average, sell-side analysts anticipate that Guess’, Inc. will post 2.63 earnings per share for the current year.
Guess’ Announces Dividend
Institutional Trading of Guess’
A number of hedge funds and other institutional investors have recently bought and sold shares of GES. Amundi purchased a new stake in Guess’ in the second quarter worth $25,000. DB Wealth Management Group LLC bought a new position in shares of Guess’ during the 1st quarter worth $26,000. Advisor Group Holdings Inc. grew its position in shares of Guess’ by 292.3% during the 4th quarter. Advisor Group Holdings Inc. now owns 2,342 shares of the company’s stock worth $56,000 after buying an additional 1,745 shares in the last quarter. KBC Group NV bought a new position in shares of Guess’ during the 2nd quarter worth $57,000. Finally, PNC Financial Services Group Inc. grew its position in shares of Guess’ by 27.5% during the 1st quarter. PNC Financial Services Group Inc. now owns 2,692 shares of the company’s stock worth $59,000 after buying an additional 581 shares in the last quarter. Hedge funds and other institutional investors own 57.68% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the company. B. Riley decreased their price objective on Guess’ from $36.00 to $29.00 and set a “buy” rating on the stock in a report on Thursday, May 26th. StockNews.com lowered Guess’ from a “buy” rating to a “hold” rating in a report on Monday, May 30th. Finally, TheStreet upgraded Guess’ from a “c” rating to a “b-” rating in a report on Wednesday, August 24th.
Guess?, Inc designs, markets, distributes, and licenses lifestyle collections of apparel and accessories for men, women, and children. It operates through five segments: Americas Retail, Americas Wholesale, Europe, Asia, and Licensing. The company's clothing collection includes jeans, pants, skirts, dresses, shorts, blouses, shirts, jackets, activewear, knitwear, and intimate apparel.
- Get a free copy of the StockNews.com research report on Guess’ (GES)
- The Institutions Hold On To Darden Restaurants International
- What Steelcase’s Earnings Say About the Return to the Office?
- Is The Golden Age Of Homebuilding Already Over?
- These 3 Big Dividend Payers Also Boast Strong Price Growth
- Natural Gas Prices Continue To Rally, These Stocks Should Benefit
Receive News & Ratings for Guess' Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Guess' and related companies with MarketBeat.com's FREE daily email newsletter.