Guess? (NYSE:GES – Get Free Report) posted its quarterly earnings data on Wednesday. The company reported $0.42 EPS for the quarter, missing the consensus estimate of $0.43 by ($0.01), Briefing.com reports. The firm had revenue of $732.60 million during the quarter, compared to analysts’ expectations of $729.96 million. Guess? had a net margin of 7.97% and a return on equity of 26.92%. Guess?’s revenue for the quarter was up 10.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.72 EPS.
Guess? Trading Up 1.0 %
NYSE GES opened at $20.71 on Friday. The company has a debt-to-equity ratio of 0.92, a quick ratio of 0.85 and a current ratio of 1.57. The stock has a market cap of $1.11 billion, a P/E ratio of 6.18 and a beta of 1.91. The stock has a 50 day simple moving average of $21.85 and a two-hundred day simple moving average of $24.46. Guess? has a fifty-two week low of $19.58 and a fifty-two week high of $33.50.
Guess? Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, September 27th. Investors of record on Wednesday, September 11th will be paid a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 5.79%. The ex-dividend date of this dividend is Wednesday, September 11th. Guess?’s payout ratio is 35.82%.
Institutional Trading of Guess?
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the stock. Telsey Advisory Group lowered their target price on shares of Guess? from $26.00 to $21.00 and set a “market perform” rating on the stock in a report on Thursday. UBS Group cut their target price on Guess? from $24.00 to $22.00 and set a “neutral” rating for the company in a research note on Friday. Finally, StockNews.com cut Guess? from a “buy” rating to a “hold” rating in a research report on Monday, June 3rd. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $27.25.
Read Our Latest Research Report on Guess?
About Guess?
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.
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