Guess Inc (NYSE:GES) price on Thursday, March 20, fall -1.79% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $12.05.
A look at the stock’s price movement, the close in the last trading session was $12.27, moving within a range at $11.965 and $12.435. The beta value (5-Year monthly) was 1.921 while the PE ratio in trailing twelve months stood at 9.08. Turning to its 52-week performance, $30.76 and $9.24 were the 52-week high and 52-week low respectively. Overall, GES moved -3.83% over the past month.
Guess Inc’s market cap currently stands at around $620.05 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-25. The company has a Forward Dividend ratio of 1.20, with its dividend yield at 9.96%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 916.75M for the company’s revenue for the quarter, with a low and high estimate of 910.76M and 926M respectively. The average forecast suggests up to a 2.88% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.98B, representing a 7.32% jump on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GES is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 3 recommend GES as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GES’s current price about 11.07% and 0.14% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.02, while 7-day volatility ratio is 4.93% and 6.04% in the 30-day chart. Further, Guess Inc (GES) has a beta value of 1.43, and an average true range (ATR) of 0.74. Analysts have given the company’s stock an average 52-week price target of $27.5, forecast between a low of $25 and high of $37. Looking at the price targets, the low is -107.47% off current price level while to achieve the yearly target high, price needs to move -207.05%. Nonetheless, investors will most likely welcome a -128.22% jump to $27.5 which is the analysts’ median price.
If we refocus on Guess Inc (NYSE:GES), historical trading data shows that trading volumes averaged 2.3 over the past 10 days and 1.40 million over the past 3 months. The company’s latest data on shares outstanding shows there are 51.45 million shares.
The 41.35% of Guess Inc’s shares are in the hands of company insiders while institutional holders own 68.80% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 9.36 million on 2025-02-28, giving us a short ratio of 8.36. The data shows that as of 2025-02-28 short interest in Guess Inc (GES) stood at 2582.0 of shares outstanding, with shares short rising to 7.78 million registered in 2025-01-31. Current price change has pushed the stock -14.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GES stock continues to rise going into the next quarter.
