Guess Inc. (NYSE:GES) has received an average recommendation of “Hold” from the fifteen research firms that are currently covering the stock. Two equities research analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and four have given a buy recommendation to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $18.35.

A number of equities research analysts have recently commented on GES shares. Zacks Investment Research upgraded shares of Guess from a “sell” rating to a “hold” rating and set a $20.00 price target for the company in a report on Wednesday, August 24th. Telsey Advisory Group lifted their price target on shares of Guess from $16.00 to $17.00 and gave the stock a “market perform” rating in a report on Thursday, August 25th. Jefferies Group lifted their price target on shares of Guess from $16.00 to $17.00 and gave the stock a “hold” rating in a report on Thursday, August 25th. Piper Jaffray Cos. set a $12.00 price target on shares of Guess and gave the stock a “sell” rating in a report on Sunday, August 21st. Finally, B. Riley reiterated a “buy” rating and set a $21.00 price target on shares of Guess in a report on Tuesday, August 30th.

Guess (NYSE:GES) opened at 16.39 on Tuesday. The company has a market cap of $1.38 billion, a P/E ratio of 20.64 and a beta of 0.62. Guess has a one year low of $13.20 and a one year high of $22.84. The company has a 50 day moving average of $14.30 and a 200-day moving average of $15.18.

Guess (NYSE:GES) last announced its earnings results on Wednesday, August 24th. The company reported $0.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.07. The company earned $545 million during the quarter, compared to analysts’ expectations of $550.53 million. Guess had a net margin of 3.10% and a return on equity of 5.16%. The firm’s quarterly revenue was down .2% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.21 earnings per share. On average, equities analysts expect that Guess will post $0.65 earnings per share for the current fiscal year.

In other news, CEO Amigo Victor Herrero bought 2,177 shares of Guess stock in a transaction dated Monday, September 26th. The shares were acquired at an average cost of $14.87 per share, with a total value of $32,371.99. Following the completion of the transaction, the chief executive officer now owns 334,703 shares in the company, valued at approximately $4,977,033.61. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 28.80% of the company’s stock.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Renaissance Technologies LLC boosted its stake in Guess by 744.4% in the first quarter. Renaissance Technologies LLC now owns 1,428,700 shares of the company’s stock valued at $26,817,000 after buying an additional 1,259,500 shares in the last quarter. Credit Agricole S A boosted its stake in Guess by 50.7% in the first quarter. Credit Agricole S A now owns 15,398 shares of the company’s stock valued at $289,000 after buying an additional 5,183 shares in the last quarter. BlackRock Group LTD boosted its stake in Guess by 1.9% in the first quarter. BlackRock Group LTD now owns 116,516 shares of the company’s stock valued at $2,187,000 after buying an additional 2,175 shares in the last quarter. HBK Investments L P boosted its stake in Guess by 59.1% in the first quarter. HBK Investments L P now owns 35,800 shares of the company’s stock valued at $672,000 after buying an additional 13,300 shares in the last quarter. Finally, Northwestern Mutual Investment Management Company LLC boosted its stake in Guess by 0.7% in the second quarter. Northwestern Mutual Investment Management Company LLC now owns 11,062 shares of the company’s stock valued at $166,000 after buying an additional 78 shares in the last quarter. 78.06% of the stock is currently owned by institutional investors and hedge funds.

Guess Company Profile

Guess?, Inc designs, markets, distributes and licenses a lifestyle collection of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, which includes its retail and e-commerce operations in North and Central America and its retail operations in South America; Europe, which includes its wholesale, retail and e-commerce operations in Europe and the Middle East; Asia, which includes its retail, e-commerce and wholesale operations in Asia; Americas Wholesale, which includes its wholesale operations in the Americas, and Licensing, which includes licensing operations of the Company across the world.

5 Day Chart for NYSE:GES

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