Guess? (GES) Getting Positive Media Coverage, Analysis Shows
Media coverage about Guess? (NYSE:GES) has trended positive recently, Accern Sentiment reports. Accern identifies positive and negative media coverage by monitoring more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Guess? earned a news sentiment score of 0.27 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 46.1491749535112 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
These are some of the news headlines that may have impacted Accern’s scoring:
- Guess?, Inc. (NYSE:GES) Sees Unusual Trading Volume in Its Shares – Modern Readers (modernreaders.com)
- Guess?, Inc. – Value Analysis (NYSE:GES) : August 30, 2017 (finance.yahoo.com)
- Wall Street Stock Recommendations: Guess’, Inc. (GES), Campbell Soup Company (CPB) – HiTechFacts (hitechfacts.com)
- Guess Which Retailer Is Popping On Q2 Earnings Rebound (finance.yahoo.com)
- SmarTrend Watching for Potential Pullback in Shares of Guess? Inc After 3.32% Gain (mysmartrend.com)
Several equities analysts have recently weighed in on GES shares. Zacks Investment Research downgraded shares of Guess? from a “buy” rating to a “hold” rating in a research note on Tuesday, August 8th. Standpoint Research downgraded shares of Guess? from a “buy” rating to a “hold” rating and set a $13.91 target price for the company. in a research note on Wednesday, August 9th. BidaskClub downgraded shares of Guess? from a “buy” rating to a “hold” rating in a research note on Wednesday, July 12th. B. Riley reiterated a “neutral” rating and issued a $12.00 target price on shares of Guess? in a research note on Tuesday, May 30th. Finally, Cowen and Company lifted their target price on shares of Guess? from $10.00 to $11.00 and gave the stock a “market perform” rating in a research note on Thursday, May 25th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $13.77.
Shares of Guess? (GES) traded up 0.12% during midday trading on Wednesday, reaching $16.12. 1,397,371 shares of the company’s stock traded hands. Guess? has a one year low of $9.56 and a one year high of $18.40. The stock’s 50-day moving average price is $12.97 and its 200 day moving average price is $11.97. The firm has a market capitalization of $1.33 billion, a PE ratio of 147.89 and a beta of 0.42.
Guess? (NYSE:GES) last posted its quarterly earnings data on Wednesday, August 23rd. The company reported $0.19 EPS for the quarter, beating the Zacks’ consensus estimate of $0.10 by $0.09. Guess? had a return on equity of 4.16% and a net margin of 0.43%. The business had revenue of $573.69 million during the quarter, compared to analysts’ expectations of $559.82 million. During the same period in the previous year, the business earned $0.14 earnings per share. The business’s revenue was up 5.3% compared to the same quarter last year. On average, equities research analysts expect that Guess? will post $0.58 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which will be paid on Friday, September 22nd. Investors of record on Wednesday, September 6th will be given a dividend of $0.225 per share. This represents a $0.90 annualized dividend and a dividend yield of 5.58%. The ex-dividend date of this dividend is Friday, September 1st. Guess?’s payout ratio is 818.18%.
In other news, CEO Amigo Victor Herrero purchased 3,274 shares of the company’s stock in a transaction that occurred on Monday, June 26th. The stock was purchased at an average cost of $11.70 per share, for a total transaction of $38,305.80. Following the completion of the transaction, the chief executive officer now owns 392,848 shares of the company’s stock, valued at $4,596,321.60. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 29.60% of the stock is currently owned by insiders.
Guess? Company Profile
Guess?, Inc designs, markets, distributes and licenses a lifestyle collections of apparel and accessories for men, women and children. The Company operates through five segments: Americas Retail, Europe, Asia, Americas Wholesale and Licensing. The Americas Retail segment includes the Company’s retail and e-commerce operations in North and Central America and its retail operations in South America.
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