Guess? (GES) Issues Q3 Earnings Guidance
Guess? (NYSE:GES) updated its third quarter earnings guidance on Wednesday. The company provided EPS guidance of $0.12-0.15 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.15. Guess? also updated its FY19 guidance to $0.94-1.03 EPS.
A number of equities research analysts have recently weighed in on the company. Telsey Advisory Group lifted their price objective on Guess? from $25.00 to $26.00 and gave the stock a market perform rating in a research report on Thursday, May 31st. Zacks Investment Research upgraded Guess? from a hold rating to a strong-buy rating and set a $29.00 price objective on the stock in a research report on Tuesday, May 22nd. Finally, ValuEngine lowered Guess? from a strong-buy rating to a buy rating in a research report on Friday, June 1st. Four analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus target price of $22.60.
NYSE GES opened at $24.23 on Friday. Guess? has a twelve month low of $14.17 and a twelve month high of $26.95. The company has a market cap of $1.88 billion, a P/E ratio of 34.61, a PEG ratio of 1.32 and a beta of 0.18.
The business also recently announced a quarterly dividend, which will be paid on Friday, September 28th. Shareholders of record on Wednesday, September 12th will be issued a $0.225 dividend. This represents a $0.90 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend is Tuesday, September 11th. Guess?’s dividend payout ratio (DPR) is 128.57%.
Guess? Company Profile
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, knitwear, and intimate apparel.
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