Somewhat Positive Press Coverage Somewhat Unlikely to Affect Guess? (GES) Stock Price
Headlines about Guess? (NYSE:GES) have been trending somewhat positive recently, according to Accern Sentiment. The research group scores the sentiment of press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Guess? earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.3075139319348 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have effected Accern’s analysis:
- IBD Rating Upgrades: Guess Shows Improved Technical Strength (finance.yahoo.com)
- Guess?, Inc. Stock Still May Be Worth a Shot, Here’s Why (finance.yahoo.com)
- ETFs with exposure to Guess?, Inc. : December 1, 2017 (finance.yahoo.com)
- Guess?, Inc. (GES) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Guess?, Inc. Stock Still May Be Worth a Shot, Here’s Why (investorplace.com)
A number of brokerages recently commented on GES. Cowen restated a “hold” rating and set a $17.00 target price on shares of Guess? in a report on Wednesday, November 22nd. Jefferies Group restated a “hold” rating and set a $13.00 target price on shares of Guess? in a report on Thursday, September 28th. Zacks Investment Research cut Guess? from a “strong-buy” rating to a “hold” rating in a report on Friday, October 27th. B. Riley restated a “buy” rating on shares of Guess? in a report on Wednesday, November 1st. Finally, Evercore ISI began coverage on Guess? in a report on Friday, August 25th. They set a “buy” rating for the company. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. Guess? presently has a consensus rating of “Hold” and an average target price of $14.77.
Guess? (NYSE:GES) last announced its quarterly earnings data on Tuesday, November 21st. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.01. The business had revenue of $554.00 million during the quarter, compared to analysts’ expectations of $569.75 million. Guess? had a positive return on equity of 4.37% and a negative net margin of 0.10%. The business’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same quarter last year, the business posted $0.11 EPS. sell-side analysts expect that Guess? will post 0.62 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 3rd. Stockholders of record on Wednesday, December 13th will be paid a $0.225 dividend. This represents a $0.90 annualized dividend and a dividend yield of 5.50%. The ex-dividend date is Tuesday, December 12th. Guess?’s payout ratio is presently -2,250.00%.
In other news, Director Kay Isaacson-Leibowitz sold 6,000 shares of Guess? stock in a transaction dated Wednesday, September 6th. The stock was sold at an average price of $16.03, for a total value of $96,180.00. Following the completion of the transaction, the director now owns 42,433 shares in the company, valued at approximately $680,200.99. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 29.60% of the company’s stock.
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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